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The Effect of Government Policy on Infrastructure Priorities on the Profitability of Construction Companies in Indonesia 2011-2019 Rifai, Ahmad; Irawan, Tony; Indrawan, Dikky
Journal of Indonesian Economy and Business Vol 39 No 3 (2024): September
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jieb.v39i3.4369

Abstract

Introduction/Main Objective: The Indonesian government's policy of prioritizing the acceleration in infrastructure development will certainly have an impact on construction companies. Background of the Problem: This research aims to determine the influence of internal and external company factors on the profitability of companies in the building construction subsector. Novelty: This research analyzes the impact of increasing the government's infrastructure budget on the profitability of building construction subsector companies. Research Method: This research uses panel data regression analysis with annual financial report data from building construction subsector companies listed on the Indonesia Stock Exchange for the period from 2011 to 2019, which is divided into the period before the infrastructure sector became the focus of development (2011 to 2014) and after (2015 to 2019). Profitability is measured using the return on assets. The external factors are measured using the infrastructure budget and inflation, while the internal factors are measured using company size, liquidity, leverage, cash turnover, working capital turnover and receivables turnover. Findings/Results: This research concludes that the infrastructure budget, company size, and liquidity do not have a significant positive effect on company profitability, while inflation does not have a significant negative effect on profitability. Furthermore, cash turnover, working capital turnover, and account receivable turnover have a significant positive effect on profitability, while leverage has a significant negative effect on profitability. Conclusion: This research shows that companies should periodically review the impact of loans and always maintain the composition of their funding, according to their needs. Meanwhile, the government needs to evaluate the auction process, and sharpen its alternative infrastructure project funding strategies.
Future Prediction of Foot-And-Mouth Disease (FMD): An Industrial Perspective Pahlevi, Muhamad Reza; Indrawan, Dikky; Basri, Chaerul
Eduvest - Journal of Universal Studies Vol. 4 No. 12 (2024): Journal Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v4i12.41803

Abstract

The global livestock industry is significantly threatened by foot-and-mouth disease (FMD). The re-emergence of FMD outbreaks in Indonesia is one example of the epidemiological cycle in a region. This study aimed to analyze the future industry of foot-and-mouth disease. This qualitative study used a secondary data processing that includes the collection, analysis, and interpretation of information to identify trends, challenges, and opportunities that may emerge by using the foresight industry analysis approach and the Generic Foresight Process (GFP) stage framework. Industry foresight analysis identified changing trends of technological, regulatory, geopolitical, demographic, and lifestyle. Several possibilities were identified through the GFP framework, which was conducted by identifying several possibilities based on looking and analyzing what is happening, what is really happening, what might happen in the future, what we would like to happen, and what we might need to do. The results of the industry foresight analysis showed that an FMD vaccine was essential for farmers to open international market access and as a sustainable disease control strategy. The technology aspect played a vital role as the key to competition in the industry in the future. The industry will compete to create an FMD vaccine that best suits the existing market challenges. The results of the GFP framework analysis showed that eradicating FMD worldwide still requires a long and extensive process and is predicted to continue until 2050.
The value chain-based on competitiveness strategy for improvement strategy on prefab products Elistioko, Dwi Nugraha Anton; Anggraeni, Elisa; Indrawan, Dikky
Indonesian Journal of Multidisciplinary Science Vol. 3 No. 2 (2023): Indonesian Journal of Multidisciplinary Science
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/ijoms.v3i2.738

Abstract

Prefab building construction is chosen because the construction process is faster than conventional buildings, especially in emergency situations such as the COVID pandemic. The main problem at PT XYZ in selling prefabs is the price. The price components that affect the high price are COGS prefab, expedition cost, insurance cost and installation cost. This problem needs to be evaluated starting from production costs, supply chain to installation costs in order to provide a price quote that can be below the ceiling price of the buyer or owner, which is what the research attempted to discuss. Referring to these problems, in this research the authors used a descriptive method, a case study approach with data processing and analysis techniques consisting of descriptive analysis of the company and analysis of the company's internal and external environment. The analysis, which is used to formulate strategies and the process of using them, is Value Chain analysis, SAP-LAP Analysis, and Analytic Hierarchy Process (AHP). This analysis is interrelated in determining the weight on the Analytic Hierarchy Process (AHP), Hierarchy to determine Strategies to improve Competitiveness Based on Value Chain on Prefab Products. The highest weight value is Improving Product Quality with a weight value of 0.433. What is meant by improving product quality is meeting quality standards. This product quality improvement starts from the quality of the vendor's product materials, the production process in the factory, the handling process during the manufacturing process, and the quality of the product.
Performance Management Model of Sustainable Safe Production at Deep Mill Level Zone PT. Freeport Indonesia Tanoto, Eko Wahyu; Syarief, Rizal; Indrawan, Dikky
Jurnal Aplikasi Bisnis dan Manajemen Vol. 8 No. 1 (2022): JABM Vol. 8 No. 1, Januari 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.8.1.1

Abstract

One of the mine expansions that is expected to accelerate the production rate of PT Freeport Indonesia is the Deep Mill Level Zone (DMLZ) mine. The block caving mining method used at the DMLZ mine results in higher productivity levels at lower operating costs but requires ongoing equipment maintenance. This research aims to describe the factors and criteria that determine the production process, find a performance management model, and find the right strategic priorities to increase productivity at DMLZ mine. We analysed the condition of the maintenance management system at the DMLZ mine to find solutions and strategies so that equipment maintenance could be managed effectively. Sustainable Safe Production performance management is developed based on the Balanced Scorecard (BSC) approach combined with the Analytical Network Process (ANP), which is expected to determine the priority of solutions and strategies based on predetermined criteria and indicators. This performance management model considers six perspectives: finance, customers, production, safety, internal business processes, and learning and growth processes as benchmarks in measuring performance. We explained the determination of priority strategies that can be done to achieve three goals in sustainable safe production management: achieving production targets, safe and healthy mining processes, and achieving operational cost-effectiveness. Keywords: analytical network process (ANP), balanced scorecard (BSC), performance management, safe production, sustainable production
Electricity Supply Strategy for PT Freeport Indonesia’s Production Expansion Hartanto, Ardi; Syarief, Rizal; Indrawan, Dikky
Jurnal Aplikasi Bisnis dan Manajemen Vol. 8 No. 1 (2022): JABM Vol. 8 No. 1, Januari 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.8.1.66

Abstract

PT Freeport Indonesia (PTFI) plans to build a new power generation facility in the face of production expansion, especially underground mine and mill optimization, which has an impact on increasing the demand for electricity up to 374.8 MW. The selection of the right type of power plant, will greatly determine the continuity of the electricity supply operation. There are many things to consider, making it difficult for companies to determine the type of new power plant. Therefore, this study aims to (1) determine the most important factors to consider in the construction of PTFI's new power plant; (2) provide recommendations for the choice of the best type of new power plant for PTFI. This study uses the method of literature review, expert interviews and questionnaires, which are processed using the Analytical Hierarchy Process (AHP) method. The results of the study indicate that conformity with the existing power generation facilities and support from government policies are the most important factors and sub-factors that must be considered by PTFI in the construction of new power plants in the Special Mining Business License (IUPK) area. The recommended type of new power plant is the Dual Fuel Power Plant (DFPP). Keywords: analytical hierarchy process, consideration factors, electricity supply strategy, power generation, production expansion
Choosing Herbal Toothpaste: Study on Consumer Behavior and Preferences in The Greater Jakarta Area Septiani, Stevia; Indrawan, Dikky; Arista, Galih Saputra; Rakhmat, Asep; W Sari, Yessie; A Nuzulia, Nur; T Wahyuni, Wulan
Jurnal Aplikasi Bisnis dan Manajemen Vol. 8 No. 3 (2022): JABM Vol. 8 No. 3, September 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.8.3.758

Abstract

The research aims are investigating consumers’ psychology and behavioral characteristics and investigating the consumer’s characteristics that affects experienced preferences in the Greater Jakarta Area. Consumer profile and consumer behavior were carried out using descriptive statistics analysis and cross tabulation analysis. Meanwhile, to measure consumer preferences for herbal toothpastes, logistic regression analysis (logit) was used. This survey was conducted on 459 respondents in the Greater Jakarta area. The results of the analysis show that in general the customers of toothpaste products are women aged 25-44 years and have more than 3 family members. The majority of customers are well educated segments, work as private workers and belong to the SES A group. Based on cross tab analysis, it is known that gender (p value = 0.037) and age (p value = 0.025) have a significant correlation in choosing herbal toothpaste. These results were confirmed in the logit analysis where women prefer herbal toothpastes than men. Based on consumer psychological factors, most customers believe in buying toothpaste at offline stores, except for those who are under 30 years old. However, for consumers who live in DKI Jakarta, they prefer to buy toothpaste through online channels compared to those who live outside DKI Jakarta. Keywords: consumer behavior, consumer profile, herbal toothpastes, logistic regression
Charting Sustainability: Triple Bottom Line (TBL) Analysis in The Palm Oil Supply Chain Landscape Adwiyah, Rabiatul; Syaukat, Yusman; Mulyati, Heti; Indrawan, Dikky
Jurnal Manajemen dan Agribisnis Vol. 22 No. 2 (2025): JMA Vol. 22 No. 2, July 2025
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.22.2.192

Abstract

Background: The industrial sector depends on a sustainable supply chain, which requires an organization to integrate (trade off) social, technological, economic, and environmental factors. One industry that applies the triple bottom line concept is palm oil. The palm oil industry is believed to have two drawbacks: harm to the environment, and social welfare. Sustainable supply chains have the potential to increase social welfare, reduce environmental impact, and increase profitability.  Purpose:  This study aims to enhance the understanding and implementation of sustainability in the palm oil supply  chain through three key objectives: (1) mapping current sustainability practices and performance across all supply chain actors; (2) analyzing limitations and inconsistencies in existing sustainability measurement methods, particularly in addressing the Triple Bottom Line (TBL) dimensions; and (3) developing standardized, practical, and theoretically grounded Key Performance Indicators (KPIs) to support consistent and transparent sustainability evaluation. Design/methodology/approach: The Matrix of Crossed Impact Multiplications Applied to a Classification (MICMAC) method was employed. This approach makes the strength of the correlation between the variables and secret to a more methodical and targeted solution more evident. Data were collected through surveys and in-depth interviews with 16 respondents, including managers, sustainability officers, and operational staff, across the palm oil supply chain. The research was conducted between August and December 2023 in North Sumatra, Indonesia, specifically in PTPN III and the Sei Mangkei Special Economic Zone (KEK Sei Mangkei).Conclusion: Based on the Matrix of Direct Influences (MDI) and the Matrix of Indirect Influences (MII), important variables significantly affect other variables. A MICMAC analysis was conducted to determine the critical elements in the sustainability of the palm oil industry supply chain. This analysis serves as the basis for the variables of industrial productivity, financial performance, access to price information, level of industry employee education, and availability of infrastructure.Originality/value (State of the art):  This study employs the Matrix of Crossed Impact Multiplications Applied to a Classification (MICMAC) method to identify key triple bottom-line indicators for implementing sustainable supply chains. Because Many sustainability studies focus on descriptive analysis or case comparisons, few apply a modeling approach that shows inter-variable influence and causal mapping, which enhances strategic decision making and improves the practical applicability of sustainability frameworks. Keywords: MICMAC method, sustainability, supply chain, palm industry
Rich Picture Analysis of MRT Jakarta Transit-Oriented Development (TOD) Business Ecosystem Ardiansyah, Zulfadli; Marimin, Marimin; Indrawan, Dikky; Yurianto, Yurianto
Aptisi Transactions On Technopreneurship (ATT) Vol 7 No 2 (2025): July
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/att.v7i2.601

Abstract

Transit-oriented development (TOD) aims to create added value by optimizing regions around transportation hubs. It emphasizes the integration of mass transit systems with non-motorized transport while reducing the use of motor vehicles through the development of dense, mixed-use areas. This research examines the role of MRT Jakarta Co. in building a business ecosystem that supports TOD area creation. The objective is to identify key stakeholders and strategies that influence TOD implementation. This research uses Soft System Methodology (SSM), with data collected from seven MRT Jakarta Co. employees and expert interviews. Rich Picture analysis is used to visualize the interactions and challenges in the system. The results show that collaboration among MRT Jakarta Co., developers, government, associations, and landowners is essential. Barriers include regulatory limitations, inconsistent policies, and funding constraints. The Rich Picture reveals a complex structure of roles, norms, and power dynamics that shape TOD success. The research concludes that regulatory support, stakeholder engagement, and clear coordination mechanisms are critical for effective TOD development. These findings can guide policymakers and urban planners in enhancing transit-based city planning.
Government Resource Planning-Based Transformation Strategy for Budget Planning System in Planning Division Directorate General of Sea Transportation Wiyono, Hari Ryanto; Indrawan, Dikky; Hermadi , Irman
Eduvest - Journal of Universal Studies Vol. 5 No. 12 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i12.51843

Abstract

The fragmentation of planning and budgeting systems in government institutions poses significant challenges to operational efficiency and strategic decision-making. This research develops a comprehensive transformation strategy for the budget planning system at the Directorate General of Sea Transportation, Ministry of Transportation, Indonesia. Using As-Is Analysis and Soft System Methodology (SSM), the study examines current system conditions and identifies transformation requirements. The analysis reveals critical challenges including the operation of three separate systems (E-Planning, KRISNA, and SAKTI) without integration protocols, dominance of manual processes in budget calculations for 302 work units, and absence of standardized digital infrastructure. Through SSM implementation, two conceptual models were developed addressing digital transformation and system integration requirements. Gap analysis between conceptual models and reality identified deficiencies across six dimensions: stakeholder engagement, system architecture, performance management, technical design, implementation strategy, and risk management. The research proposes Government Resource Planning (GRP) implementation through four integrated strategies: developing integrated system architecture with modular design principles, implementing organizational change management addressing human and institutional factors, establishing interoperability protocols for seamless data exchange, and creating comprehensive evaluation and risk mitigation frameworks. A phased implementation roadmap spanning 18 months provides a pragmatic approach to transformation. This research contributes to digital government literature by demonstrating the effectiveness of combining As-Is Analysis with SSM in addressing complex socio-technical challenges, while offering practical frameworks for government agencies pursuing similar transformations. The findings have significant implications for Indonesia's digital government initiatives and public sector modernization efforts.
Strategi Pengembangan Model Bisnis Koperasi Rumput Laut dengan Pendekatan Cooperative and Mutual Enterprise Business Model Canvas Sianggaputra, Muhammad Danny; Asnawi, Yudha Heryawan; Indrawan, Dikky
Jurnal Maksipreneur Vol 15 No 1 (2025)
Publisher : Universitas Proklamasi 45

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30588/jmp.v15i1.2495

Abstract

This study aims to develop a seaweed cooperative business model based on the Cooperative and Mutual Enterprise Business Model Canvas (CME-BMC) to enhance the cooperative’s competitiveness and adaptive capacity in supporting small-scale farmers. The research utilizes a qualitative case study of a seaweed cooperative in West Java, integrating the CME-BMC with the VRIO, PESTEL, and SWOT frameworks through literature review, in-depth interviews, and structured questionnaires. The findings show that the current business model is aligned with cooperative principles, but it still has weaknesses that need to be strengthened for the cooperative to effectively compete and grow. The cooperative's key resources and capabilities include integrated post-harvest and processing facilities, experienced members, democratic governance, and effective management of the value chain across both upstream and downstream activities. The external environment presents both opportunities and challenges within the industry, including policy support, land allocation issues, climate risks, price fluctuations, and downstream regulations. Nine development strategies were formulated and translated into a new, more integrated and member-oriented business model. This study offers practical and theoretical contributions by demonstrating how the integration of the CME-BMC with strategic analysis can produce a more adaptive, sustainable, and competitive cooperative business model.