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All Journal E-Bisnis : Jurnal Ilmiah Ekonomi dan Bisnis International Journal of Economics, Business and Accounting Research (IJEBAR) Walisongo Journal of Information Technology Jurnal Manajemen, Bisnis dan Kewirausahaan Dinamika Community: Jurnal Pengabdian Pada Masyarakat Journal of Manufacturing and Enterprise Information System Journal of Management and Informatics SWAGATI: Journal of Community Service Advance Sustainable Science, Engineering and Technology (ASSET)
Kusumo, Haryo
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Automotive Engineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Electrical & Electronics Engineering Engineering Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Library & Information Science Social Sciences Other

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Journal : Journal of Management and Informatics

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Optimization of Supply Chain Processes in the Retail Sector: A Data-Driven Simulation Approach for Inventory Management Huda , Haris Ihsanil; Kusumo, Haryo; Endaryati , Eni
Journal of Management and Informatics Vol. 3 No. 1 (2024): April Season| JMI: Journal of Management and Informatics
Publisher : University of Science and Computer Technology

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/jmi.v3i1.47

Abstract

Efficient supply chain management in the retail sector is crucial for cost reduction and enhancing customer satisfaction. This study analyzes and optimizes inventory management using a data-driven simulation approach. By leveraging data on customer demand patterns, replenishment cycles, and delivery times, the research develops simulation models to evaluate inventory strategies under various scenarios, including high demand and seasonal fluctuations. The findings reveal optimal inventory strategies that minimize holding costs while maintaining product availability. Key performance metrics, such as fill rate and stockout levels, show significant improvements when simulation-based strategies are implemented. For example, under high-demand scenarios, the proposed model achieved a 20% reduction in holding costs and a 15% increase in fill rates compared to traditional methods. These results highlight the importance of integrating simulation techniques into retail supply chain management to enhance decision-making and operational efficiency. This research contributes to the literature by providing a practical framework for inventory optimization and offers actionable recommendations for retail managers to adopt technology-driven approaches. Future research should explore applying these methods to retail sectors with diverse demand characteristics.  
Co-Authors Achmad Solechan Andriana, Myra Aris Tri Jaka Harjanta, Aris Tri Arisanti Ayu Wardhani Arwinda, Sherly Bambang Agus Herlambang, Bambang Bambang Widjanarko Susilo Desi Purwaningsih Dian Marlina Edwin Zusrony Endaryati , Eni Febrian Murti Dewanto Febryantahanuji Febryantahanuji Fitro Nur Hakim Galuh Aditya Hasan Aminda Syafrudin Huda , Haris Ihsanil Magriyanti, Arie Atwa Marlina, Dian MARWATA, MARWATA Mega Novita Muflihah, Robingatul Nanik Qosidah Novianto, Rizki P, Toni Wijanarko A. Purwoko, Agus Reni Veliyanti Shibghatalloh, Ahmad Hafiyyan sindu rakasiwi Susatyono, Jarot Dian Yuli Fitrianto