Analysis of the Raw Material Inventory Control to Improve Cost Efficiency PT Pupuk Indonesia
DOI:
https://doi.org/10.32497/jobs.v8i1.3986Keywords:
Just in Time, Inventory Control, Inventory CostAbstract
World commodity prices rose due to the pandemic, the energy crisis in Europe and several countries that have policies to stop their exports, the increase in the price of KCL and DAP raw materials due to export restrictions carried out by Russia and China. The data analysis techniques used are collecting data containing information on raw material inventory in 2021, processing inventory control data based on company policies, calculating inventory costs using a just in time system, data analysis and drawing conclusions KCL needs 53,627 frequency of purchases 4 times the total inventory costs of Rp. 460,827,437. 20 times the total cost of supply Rp. 202,764,072. 1 time the total cost of supply Rp. 921,654,874. 11 times the total cost of inventory is Rp. 276,496,462. The needs of 69,138 DAP purchase frequency 6 times the total cost of inventory Rp. 829,043,491. 24 times the total cost of inventory Rp. 404,573,224. 5 times the total cost of supply Rp. 890,061,092 and 11 times the total cost of supply Rp. 606,859,835. The biggest saving value on KCL raw materials is to make a frequency of purchases as much as 20 times, inventory costs borne by the company Rp. 202,764,072 so as to save costs of Rp. 718,890,802. Meanwhile, DAP raw materials can make purchases as much as 24 times with inventory costs borne by the company of Rp. 404,573,224, so that the company can save costs of Rp. 1,618,292,894.References
Agrawal, M. K. (2021). Applications of Just in Time in Manufacturing Industry. IOP Conference Series: Materials Science and Engineering, 1116(1), 012085. https://doi.org/10.1088/1757-899x/1116/1/012085
Ginting, R. (2007). Sistem Produksi (cetakan pe). Graha Ilmu.
Hansen, D. R., & M. Mowen. (2001). Akuntansi manajemen (Edisi 7 Bu). Salemba Empat.
Oktaviani, S. A., Listianti, S., & Tripalupi, R. I. (2022). Penerapan Just in Time (Jit) Sebagai Solusi Pengendalian Persedian Perusahaan Di Masa Pandemi Covid-19. AKSY Jurnal Ilmu Akuntansi Dan Bisnis Syariah, 4(1), 120. https://doi.org/10.15575/aksy.v4i1.17106
Sri Dwiningsi, & Pratama, A. A. (2021). Penerapan Metode Just In Time sebagai Alternatif Pengendalian Persediaan Bahan Baku. Jurnal Aplikasi Manajemen Dan Inovasi, 4, 58”“71.
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Alfabeta.
Thakre, S. (2021). Study of the Impact of Jit (Just--in Time) in Inventory Management in the Automobile Sector India in. Ijm. https://doi.org/10.34218/IJM.12.2.2021.071
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).