Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 2 No. 3 (2021): Dinasti International Journal of Economics, Finance & Accounting (July - August

Efficiency Analysis of Excavator Nut Inventory Using Economic Order Quantity Method at PT. ABCDE Bekasi-Jawa Barat

Kurniawan, Mohammad Fahmi (Unknown)
Madelan, Sugiyono (Unknown)
Badawi Saluy, Ahmad (Unknown)



Article Info

Publish Date
10 Jul 2021

Abstract

Inventory management is one of the keys to the success of the production process in any company, including manufacturing companies. Therefore, determining the optimal amount of inventory is crucial for inventory management. In a production process, sometimes a condition is found where the amount of inventory far exceeds what is needed, so that in the process of implementing the specifications change of an inventory will take quite a long time, this is due to an effort to use up obsolete inventory first, so it is necessary to calculate the optimal value of the company inventory. In this research, using the Economic Order Quantity and Reorder Point analysis method in the POM-QM software, it is expected to determine the optimal value of the purchase amount, Safety Stock, Reorder Point, and the required inventory costs of J950010 nuts. The results showed that although there were differences between the results of the POM-QM calculation and the application in the field, the management of J950010 nut stock is optimal.

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Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...