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Nurprihatin, Filscha
Department Of Industrial Engineering, Sampoerna University
Agriculture, Biological Sciences & Forestry Arts Humanities Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Environmental Science Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Mechanical Engineering Public Health Social Sciences Transportation Other

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Journal : Jurnal Pengabdian dan Kewirausahaan

 1 
AGILE MANUFACTURING THROUGH INVENTORY MANAGEMENT Sudirga, Rudy Santosa; Nurprihatin, Filscha; Rembulan, Glisina Dwinoor; Yuniarto, Yustinus
Jurnal Pengabdian dan Kewirausahaan Vol 5, No 2 (2021): Jurnal Pengabdian dan Kewirausahaan
Publisher : Universitas Bunda Mulia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30813/jpk.v5i2.2983

Abstract

Inventory management is a systematic approach to sourcing, storing, and selling inventory both raw materials (components) and finished goods (products). In business terms, inventory management means the right stock, at the right levels, in the right place, at the right time, and at the right cost as well as price. Inventory management refers to the process of ordering, storing and using a company's inventory. This includes the management of raw materials, components and finished products, as well as warehousing and processing such items. For companies with complex supply chains and manufacturing processes, balancing the risks of inventory gluts and shortages is especially difficult. At the same time, inventory can be thought of as a liability (if not in an accounting sense). A large inventory carries the risk of spoilage, theft, damage or shifts in demand. Inventory must be insured, and if it is not sold in time it may have to be disposed of at clearance prices or simply destroyed. For these reasons, inventory management is important for businesses of any size. Knowing when to restock inventory, what amounts to purchase or produce, what price to pay as well as when to sell and at what pric can easily become complex decisions. Small businesses will often keep track of stock manually and determine the reorder points and quantities using Excel formulas. Larger businesses will use specialized enterprise resource planning (ERP) software.
Co-Authors AA Sudharmawan, AA Abdillah, Sultansyah Reza Aditiya Harjon Ali Vaezi Andrea, Billy Andrea, Billy Ariyono, Heksa Bekti Bajuri, Farid Aan Maulana Chandra, Steven Charles Darvin Darvin, Charles Dino Caesaron Effendy, Muhammad Ikhsan Eko Sulistyo Endi Putro Fernando, Nico Francka Sakti Lee Gidion Karo Karo Gurusinga Gidion Karo-Karo Gidion Karo-Karo Giovandri Septorino Glisina Dwinoor Rembulan Gurusinga, Gidion Karo Karo Hadisujoto, Budi Hadisujoto, Ignatius Budi Handika, Raditya Edra Raja Harditya, Arya Heksa Bekti Ariyono Helena Sisilia Ratna Soetopo Hendy Tannady Hendy Tannady Hendy Tannady Honni Honni, Honni Hu Limei Ifat Ifat, Ifat Ilham, Oryzea Sativa islam, sri susilawati Johanes Fernandes Andry Karo-Karo, Gidion Karo-Karo, Gidion Kushendarsyah Saptaji Lanaggalih, Jarvis Eros Lestari, Tika Endah Liman, Surya Danusaputro Lusiani, Mirna Lusiani, Mirna Lusiani, Mirna Mileniawati, Indah Riantantri Mirna Lusiani Moacyr Machado Cardoso Junior Muchamad Oktaviandri Muhammad Agni Catur Bhakti Nico Fernando Onggo, Kallista Angelia Panca Jodiawan Panca Jodiawan Panca Jodiawan, Panca Paoce Pratama Pratama, Paoce Purnomo, Yunianto Putra, Indra Pertama Rafie Djajasoepena Renatha Renatha Renatha, Renatha Riki Antonius Santoso, Andi Putra Sari, Setyo Melany Setyo Melany Sari Sudirga, Rudy Santosa Tampinongkol, Felliks F Tannady, Hendy Vaezi, Ali Vanessa Bertholdo Vargas Wandy Wandy Wibowo, Djati Wilujeng, Fuji Rahayu Wilujeng, Fuji Rahayu Wong, Miguel Silvano Hermawan Wu, William Wu, William Yosua Budi Kurniawan Yuliana Yuliana Yustinus Yuniarto