International Journal of Economics, Business and Innovation Research
Vol. 3 No. 02 (2024): March, International Journal of Economics, Business and Innovation Research (I

Analysis of Raw Material Inventory Control in Tofu Business in Wonomarto Village

Putri Purwaningrum (Faculty of Social Science and Political Science, University of Bandar Lampung)
Agus Purnomo (Faculty of Social Science and Political Science, University of Bandar Lampung)



Article Info

Publish Date
26 Mar 2024

Abstract

Tofu Business in Wonomarto Village, North Lampung Regency, is one of the local business entities operating in the food industry. Raw material inventory control involves a number of key aspects, including the determination of optimal ordering quantities, safety stock management, and supply risk management. Inventory control methods and models, such as EOQ as well as JIT, can provide valuable insights in determining the optimal ordering quantity and managing inventory more efficiently. However, the implementation of these methods needs to be adapted to the specific conditions and needs of Tofu Business as well as the characteristics of the local food industry. By conducting a careful analysis of raw material inventory control, Tofu Business can identify opportunities to improve operational efficiency, reduce costs, as well as improve customer service. This will help the company to remain competitive in a dynamic market and support long-term business growth in Wonomarto Village, North Lampung Regency.

Copyrights © 2024






Journal Info

Abbrev

IJEBIR

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Economics, Business and Innovation Research (IJEBIR) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality ...