Semen Indonesia Research Articles

Analisis Penerapan Sentralisasi Fungsi Akuntansi dan Keuangan dalam Perusahaan Holding: Studi Kasus PT Semen Indonesia (Persero) Tbk

PT Semen Indonesia (Persero) Tbk. (SIG) is one of the state-owned companies that since 2013 has transformed into a Strategic Holding. SIG has 17 Subsidiaries (AP), consisting of 8 Cement Making companies and 9 non Cement Making companies. Of the Cement Making Companies, 3 APs whose share ownership is 99.9% owned by SIG, namely PT Semen Padang, PT Semen Tonasa and PT Semen Gresik. This research was conducted at PT Semen Indonesia (Persero) Tbk. (SIG). The objectives of this study are (1) analyzing the implementation of Policies & SOPs at PT SIG, (2) Effectiveness of the implementation of centralization of Accounting & Finance functions at PT SIG. The basic method used is descriptive with the implementation of case studies. Data collection was carried out by interview, observation, Forum Group Discuss (FGD) and documentation methods. The results showed that the implementation of Holding Policies & SOPs in Subsidiaries (AP) has been implemented well based on periodic reviews and as an effort to create added value for the group, efficiency, and better performance of SOEs.

Strategi Pemasaran Dalam Mempertahankan Citra Merek Dan Perilaku Konsumen Terhadap Pembelian Produk PT.Semen Indonesia (Persero) Tbk.

Indonesia's cement industry plays a pivotal role in economic and infrastructural development. PT Semen Indonesia (Persero) Tbk stands out as a leading company in this sector, boasting renowned brands like Semen Gresik, Semen Padang, and Semen Tonasa, producing various types of cement, including Pozzolan Portland Cement (PPC) and Ordinary Portland Cement (OPC). Competing with other major cement players like PT Indocement Tunggal Prakarsa Tbk and PT Holcim Indonesia Tbk, PT Semen Indonesia remains a significant force.This study aims to formulate marketing strategies focusing on maintaining the company's longstanding positive image and influencing consumer behavior towards purchasing its products. Key aspects explored include product quality, pricing, corporate image, customer service, innovation, sustainability, promotion, and socio-cultural factors. Understanding consumer behavior is vital, considering their interest in cement products with a strong brand image, factoring in aspects such as quality, pricing, corporate image, customer service, innovation, sustainability, promotion, and socio-cultural elements. Research findings are expected to provide in-depth insights into PT Semen Indonesia's ability to comprehend and respond to consumer preferences effectively. This understanding will serve as a foundation for formulating smarter and more relevant marketing strategies, aiding the company in maintaining and increasing market share, while reinforcing its image as a leading provider of building solutions in Indonesia. in Indonesia.

COMPARATIVE ANALYSIS OF THE FINANCIAL STATEMENTS BASED ON PROFITABILITY AND SOLVENCY RATIO

This research aims to determine the comparative analysis of financial statements. PT Semen Indonesia (Persero) Tbk with PT Indocement Tunggal Prakarsa Tbk. Based on the results of analysis of profitability and solvency ratios. This type of research data uses secondary data. Data collection techniques are based on literature and documentation from several journals and financial reports. Analysis The data used is profitability ratio analysis consisting of Return on Assets (ROA) and Return On Equity (ROE). Then the solvency ratios are Total Debt To Equity Ratio and Total Debt To Total Asset Ratio. The research results show that PT Indocement Tunggal Prakarsa Tbk has a higher level of ability to obtain net profit after tax from the total assets it owns. PT Indocement Tunggal Prakarsa has a higher level of ability to obtain net profit after tax from the total equity it owns when compared to PT Semen Indonesia (Persero) Tbk. Based on the calculation results of the analysis, it can be seen that the Debt Equity On Ratio (DER) value of the two companies, it can be concluded that PT Indocement Tunggal Prakarsa Tbk has a lower level of debt risk when compared to PT Semen Indonesia (Persero) Tbk. Then, if we look at the Debt to Assets Ratio (DAR) analysis value, PT Indocement Tunggal Prakarsa Tbk has a lower level of debt risk when compared to PT Semen Indonesia (Persero) Tbk.

Implementation of Machinery Breakdown Insurance at PT Semen Indonesia

This research relating to insurance for operational machines at PT Semen Indonesia raises problems, namely: What is the object of implementing Machinery Breakdown Insurance in practice at PT. Semen Indonesia, and how to settle claims contained in insurance at PT. Indonesian Cement. The research results stated that, In this case the object insured by PT. Semen Indonesia to PT. Jasindo is all damage and/or that is sudden and unexpected and is not excluded in the policy or the machines insured. Compensation guarantee in Machinery Breakdown Insurance between PT. Semen Indonesia with PT. Jasindo if a loss occurs, what PT Jasindo will pay to PT Semen Indonesia is based on the damage.In the event of an insurance claim for machine damage, PT Semen Indonesia must immediately notify PT Jasindo about the loss/damage within 7 (seven) calendar days and must assist PT Jasindo in conducting a survey to calculate the compensation that will be given. PT Jasindo’s responsibility is to compensate for losses due to the asset’s condition becoming its original condition, without taking into account profit or loss. In this case, PT Jasindo is responsible within 3 x 24 hours and beyond that time PT Jasindo is no longer responsible. If there is a dispute regarding Machine Damage Insurance between PT Semen Indonesia and PT Jasindo in terms of claims, then PT Semen Indonesia and PT Jasindo agree to take legal action, namely through arbitration or through the local District Court.

Pengaruh Kompensasi dan Lingkungan Kerja Terhadap Kinerja Karyawan Pada PT.Semen Indonesia (Persero) Unit Tonasa Kabupaten Pangkep

This study aims to determine the effect of compensation and work environment on performance at PT. Semen Indonesia (Persero) Tonasa Unit, Pangkep Regency. This type of research is quantitative. The population of this study are employees of PT. Semen Indonesia (Persero) Tonasa unit, Pangkep Regency, part of the manager, totaling 134 people. And the sample in this study were 100 people. The data collection technique used is in the form of primary data by distributing and filling out questionnaires. The data analysis technique used is multiple linear analysis using the Statistical Product Service Solution (SPSS). The results of this research show that the compensation variable (X1) partially has a significant positive effect on employee performance (Y) with t count > t table which is 6.924 > t table of 1.984. The work environment variable (X2) has a significant positive effect on employee performance (Y) with t count > t table where 2.296 > t table of 1.984. Based on the results of this research, it is also known that the independent variables together or simultaneously have a significant effect on the dependent variable, namely employee performance at PT. Semen Indonesia (Persero) Tonasa unit, Pangkep Regency. Therefore, if compensation and work environment continue to be improved, it will certainly improve employee performance.

Evaluasi Kesehatan Keuangan Melalui Analisis Rasio Keuangan: Studi Kasus PT Semen Indonesia (Persero) Tbk

This study aims to analyze the financial performance of PT Semen Indonesia (Persero) Tbk in the 2021-2022 period. The analytical method used is using the ratio of liquidity, solvency, activity, and profitability. The results showed that the liquidity ratio with the calculation indicators using the Current Ratio, Quick Ratio, and Cash Ratio. The Current Ratio, Quick Ratio, and Cash Ratio show "not good" results compared to the industry average. Solvability ratios with calculation indicators, namely Debt to debt-to-asset ratio, Debt to Equity Ratio, Long Term Debt to Equity Ratio. Debt to Asset Ratio and Long Term Debt to Equity Ratio which shows " not good" results when compared to the industry average. Meanwhile, the Equity Ratio showed "good" results. Activity ratios with indicators for calculations use Receivable Turn Over, Inventory Turn Over, and Working Capital Turn Over. Receivable Turn Over, Inventory Turn Over, and Working Capital Turn Over show "not good" results. Profitability ratios with indicators of Net Profit Margin, Return on Investment, and Return on Equity. Net Profit Margin, Return on Investment and Return on Equity show "not good" results

PENGARUH PERPUTARAN PERSEDIAAN TERHADAP LIKUIDITAS DAN DAMPAKNYA TERHADAP PROFITABILITAS

The purpose of this study was to determine and analyze the effect of inventory turnover on liquidity as measured by quick ratios and its impact on profitability through the operating profit margin at PT. Semen Indonesia (Persero) Tbk. The research method used is quantitative with a causal method and a case study approach. The data used is secondary data because the data obtained is from the annual and quarterly financial reports of PT. Semen Indonesia (Persero) Tbk., period 2012-2022. The data analysis tool used is path analysis. Based on the research result, it is known that inventory turnover has a positive and insignificant direct effect on liquidity (quick ratios). Inventory turnover has a positive and insignificant direct effect on profitability (operating profit margin). Inventory turnover has no significant effect on profitability through liquidity

Isolation And Identification of Arbuscula Mycorrhiza (Ma) In Plant Rhizosphere in Greenbelt Area of PT. Semen Indonesia Tbk Tuban

<p>The Green Belt area is a buffer area in an industrial area that functions as a barrier or separates the mining area from other regions, such as residential areas or community agriculture. The Green belt area consists of various plant vegetation that absorbs carbon dioxide and air conditioning, preventing sedimentation and erosion in the mining area. Arbuscular mycorrhiza has the potential to live in the green belt area by forming a mutualism symbiosis with plants or vegetation in the area. This study aimed to determine arbuscular mycorrhizae found in the Greenbelt area of PT Semen Indonesia Tbk Tuban. Sampling used purposive sampling techniques at three sampling stations, namely rhizosphere eucalyptus (<em>Malaleuca cajuputi</em>), trembesi (<em>Samanea saman),</em> and sawo (<em>Manilkara zapota</em>). The study was conducted in November 2021 through three stages: sampling, sample isolation, and species identification. The results showed seven types of arbuscular mycorrhiza from five different genera, namely the genus <em>Glomus</em>, <em>Acaulospora</em>, Gigaspora, <em>Racocetra</em>, and <em>Archaeospora</em>. The most found species is the genus <em>Glomus</em>. This research contributes as a source of literacy and information about the types of AMF found in PT Semen Indonesia's Greenbelt area, which can be used as biological fertilizer, support plant growth, help reclaim mining areas, and protect plants from drought pressure in mining areas.</p>

Analyzing Indonesian Cement Companies’ Efficiency Using the Stochastic Frontier Analysis Method Period 2014-2018

Cement industry is one of the important industries in supporting the country’s development. However, the level of cement utilization in Indonesia in 2014–2018 experienced a fluctuating growth. In 2014–2016, the decreased revenue growth had been followed by the decreased growth in net profit margin and return on assets, while the increased revenue growth in 2016–2018 was not followed by the increased growth in net profit margin and return on assets. Therefore, it is necessary to analyze the company’s efficiency to maintain its performance. The results of this study indicate that the variable of raw materials cost had a significant negative effect on efficiency, variable of labor cost, total assets, revenue, and interest rates had significant positive effects on efficiency, while return on equity and return on assets had no significant effect on efficiency. The most efficient cement company was Semen Indonesia, Ltd with a value of 0.93609 and the least efficiency one was Semen Baturaja, Ltd with a value of 0.09772.

Peran Public Relations Dalam Implementasi Program CSR PT Semen Indonesia (Persero) Tbk

PT Semen Indonesia (Persero) Tbk SIG as the largest cement producing company in Indonesia which is shaded by BUMN. This study aims to determine the public relations strategy of PT Semen Indonesia (Persero) Tbk, through its corporate social responsibility (CSR) program in maintaining the company's image. In maintaining the company's image, public relations communicates CSR programs that have been implemented through internal and external media. This study uses the concept of public relations, public relations strategy, image, CSR and communication as the approach used in knowing the GIS public relations strategy in maintaining the company's image. This research use desciptive qualitative approach. The results of this study indicate that in analyzing the strategy in maintaining the company's image through CSR programs, which go through four stages of the public relations process, namely: finding the facts and defining the problem, planning and programming, action and communication, and evaluation. In this strategy stage, packaging communication through media is attractive and easy for the public to access so that it can maintain a positive image in the eyes of the public and stakeholders.
 Keywords: Public Relations, CSR, Communication, Image..

Analisis Net Profit Margin (Npm) Dalam Meningkatkan Pertumbuhan Laba Pada Pt. Semen Indonesia (Persero) Tbk

This study aims to analyze and find out how good Net Profit Margin is in increasing profit growth at PT. Semen Indonesia (Persero) Tbk. This type of research is descriptive with a quantitative approach and the research population is in the form of profit and loss financial statements from 1991-2021 (30 years) from PT. Semen Indonesia (Persero) Tbk. for the sample in this study, namely 10 years from the 2012-2021 period. Data collection methods are documentation and literature studies using purposive sampling. Data analysis in this study is descriptive analysis and statistical analysis using a simple test. Shows the results of research that the Net Profit Margin can not describe a good profit growth at PT. Semen Indonesia (Persero) Tbk

Analisis Pemeliharaan Spring Load Cell Pada Mesin Roto Packer Di PT. Semen Indonesia (Persero) Tbk

PT. Semen Indonesia (Persero) Tbk is a company that produces cement and runs the production process 24 hours a day. The company uses Roto Packer in its packaging process. In carrying out machine maintenance efforts, the company has implemented a maintenance system, namely preventive maintenance. However, even though preventive maintenance has been carried out, the company still experiences downtime on the spring load cell components. Therefore, it is necessary to carry out an analysis in order to determine the time between breakdowns, breakdown times, and arrange optimal maintenance schedules for spring load cell components. This study uses the Reliability Centered Maintenance (RCM) method with the Kolmogorov-Smirnov test to develop preventive maintenance activities that have been scheduled by the company. The results obtained, for the spring load cell component, component replacement must be carried out every 4 days with a replacement time of 49 minutes and a reliability of 39.87%.

Learning Transformation Using Sap Successfactor Learning Management System In Pandemic Era

The COVID-19 pandemic situation has changed everything, including the way of learning for employees. Prior to the pandemic, learning for employees was carried out conventionally face-to-face in class. However, after a pandemic occurs, learning cannot be done in the same way so that other ways need to be done to maintain the continuity of learning. One way is to use the SAP Successfactor (SF) platform which has a Learning Management System (LMS) module. PT Semen Indonesia (Persero) Tbk. (SIG) uses the SF-LMS that provides a space for employees to do online learning. SIG captures the business needs first and then design the LMS module. Employees can enter the SF-LMS and access the learning materials that have been provided. Learning materials can be provided in various forms, including documents, video learning, and audio learning so that employees get many variations of quality learning models according to what they like. This supports pillar number four, namely quality education in the Sustainable Development Goals (SDGs). The successful implementation of the SF-LMS must be accompanied by evaluations from the system and employees perspective so that continuous improvements can be made. And finally, the learning objectives can be achieved.

DAMPAK KONSOLIDASI TERHADAP PROFITABILITAS PT SEMEN INDONESIA Tbk. (SMGR)

A business combination is the merger of two or more separate companies into one entity with another company, enabling control over the operational activities. Consolidation is often employed as an alternative to expand and enlarge the business market, consequently impacting the company's profitability. This study aims to analyze the effect of company consolidation on profitability levels, utilizing financial ratios such as Return On Assets (ROA), Return On Equity (ROE), and Return On Investment (ROI) as indicators. It employs a quantitative approach, utilizing secondary data derived from the consolidated financial statements of Semen Indonesia Tbk. companies. The study compares account items and incorporates literature reviews focusing on financial performance data. The analysis reveals that prior to consolidation, PT Semen Baturaja Tbk. displayed an ROA level of 0.43%, ROE of 0.45%, and ROI of 0.27, all of which were below 1 (<1). However, after consolidation at PT Semen Baturaja Tbk., there was a noticeable increase in the company's ROA, ROE, and ROI, reaching 2.21%, 2.81%, and 1.82%, respectively.

Working Capital Turnover Analysis of Profitability Levels at PT Semen Indonesia (Persero) Tbk

This study aims to determine the effect of working capital turnover (WCTO) on the level of profitability (ROA) at PT Semen Indonesia (Persero) Tbk. The population in this study is all financial report data of PT. Semen Indonesia (Persero) Tbk for the 2013-2020 period, while the samples in this study are statements of financial position and profit/loss statements. The documentation technique is the data collection technique used. The data collected was analyzed using financial ratios, simple regression analysis, correlation coefficients and t-test with the SPSS (Statistic Product and Service Solution) 24 For Windows program.
 The findings in this study show that working capital turnover (WCTO) and profitability (ROA) have increased quarterly every year as measured by financial ratios. The results of the t-test show that the working capital turnover variable (WCTO) has a positive and significant influence on the level of profitability. The hypothesis in this study is accepted.

Are Cement Sector Companies Listed on Indonesia Stock Exchange (IDX) Compliant in Sustainability Reports Disclosure?

This study aims to analyze the level of compliance in the disclosure of sustainability reports to cement sector companies listed on the Indonesia Stock Exchange (IDX) use Intiative Global reporting (GRI). The objects of this study are PT Semen Baturaja (Persero) Tbk, and PT Semen Indonesia (Persero) Tbk. The research method used is qualitative with secondary data, namely the sustainability report in 2021. The data collection technique in this study is documentation through the company's website. Data analysis techniques using data collection, data recording, and data analysis and interpretation. The results of this study show that PT Semen Baturaja (Persero) Tbk has a partially applied compliance rate in the disclosure of GRI general standards of 48.75. Meanwhile, PT Semen Indonesia (Persero) Tbk has a Partially Applied compliance rate with a higher percentage of 59.37%. The limitation of this study uses secondary data, therefore future studies can use primary data and expand the range of standards used in research. Previous research on sustainability compliance is still small, therefore this study can be a reference for future research by developing the limitation.

Analysis of Financial Performance at PT Semen Indonesia (Persero), Tbk Listed on the Indonesia Stock Exchange

This study aims to determine the financial performance of PT Semen Indonesia (Persero), Tbk listed on the Indonesia Stock Exchange (IDX) based on profitability ratios during the 2020-2022 period. The type of data used in this study is quantitative data, namely data in the form of numbers or numbers. Quantitative data serves to determine the number or magnitude of an object to be studied. In this study, the quantitative data is the company's financial statements. The data source used in this research is secondary data, namely all data collected through library research and company data in the form of documents that can support writing. The analysis technique used to determine the company's financial performance in this study is the profitability ratio, namely Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Asset (ROA), and Return on Equity (ROE). The results of this study indicate that in general the company's financial performance based on profitability analysis is not efficient and not good. This is because the level of profitability is not stable so that it has decreased in three consecutive years and is still below the industry average. Thus, the company has not been able to manage its capital efficiently in generating profits.

Pengaruh Likuiditas, Leverage, dan Profitabilitas terhadap Kinerja Keuangan PT. Semen Indonesia (Persero) Tbk

This study aims to investigate the effect of Liquidity, Leverage, and Profitability on the Financial Performance of PT. Semen Indonesia (Persero) Tbk 2013-2021. The secondary data source is in the form of the annual financial report of PT. Semen Indonesia (Persero) Tbk. This type of research uses quantitative. The data analysis technique is in the form of a Partial Least Square (PLS) approach with the SmartPLS Ver 4 Software tool. The results of the study prove that (1) Liquidity has a negative and insignificant effect on the Financial Performance of PT. Semen Indonesia (Persero) Tbk in 2013-2021, (2) Leverage has a positive and insignificant effect on the Financial Performance of PT. Semen Indonesia (Persero) Tbk in 2013-2021, (3) Profitability has a positive and insignificant effect on the Financial Performance of PT. Semen Indonesia (Persero) Tbk 2013-2021

PENGARUH KOMPENSASI DAN KOMITMEN KERJA TERHADAP KEPUASAN KERJA KARYAWAN PT. SEMEN INDONESIA UNIT TONASA DI KABUPATEN PANGKEP

This study aims to determine the effect of compensation, work commitment on employee job satisfaction, this study uses primary data obtained by distributing questionnaires to the managers of PT. Semen Indonesia (Persero) Unit Tonasa with a population of 138 people and a sample of 103 people. The multiple analysis method using the SPSS application used in this study is an instrument test. This study used a quantitative approach and was analyzed using multiple linear regression analysis with the help of SPSS 25 data processing to prove three hypotheses. The results of this study prove that the compensation variable has a significant effect on job satisfaction, t count > ttable, which is 3.195 > from T table of 1.983. The commitment variable has a significant effect on job satisfaction because the tcount > ttable is where 2.916 > 1.983. Based on the results of this study it is also known that the independent variables jointly or simultaneously have a significant effect on the dependent variable, namely the performance of employees at PT. Semen Indonesia Unit Tonasa in Pangkep Regency. Therefore, if work motivation and compensation continue to be improved, then of course it will improve employee performance to be more optimal.

Is Sustainability Report Disclosure Implemented Properly? (A Case Study of Companies Listed in Sri-Kehati Index)

This study aims to identify sustainability reports conducted by companies listed in the Sri-Kehati index. This is a qualitative research and the GRI standards are a reference in disclosure. The result of the research shows that there is no guarantee that companies listed in the Sri-Kehati index will make a complete disclosure, especially compliance with GRI standards. Too many aspects or reporting standards should be implemented following global standards such as GRI. Based on SRDI calculation, shows that AKR Corporindo, Perusahaan Gas Negara (PGN), Bank BTN, Cikarang Listrindo, Indofood Sukses Makmur, and Semen Indonesia are classified as companies that make disclosures with the highest GRI index. Meanwhile, companies with low disclosures include Bumi Serpong Damai, Telkom, Jasa Marga, Sido Muncul, PP (Persero), Kalbe Farma, and Adi Sarana Armada.