Journal of Business Management and Economic Development
Том 2 № 02 (2024): May 2024

Inventory-based Business Strategy using FP-Growth at PT. Pinus Merah Abadi, Kendal Regency

Pertiwi, Wahyu Ayuni (Unknown)
Tyoso, Jaluanto Sunu Punjul (Unknown)



Article Info

Publish Date
23 Apr 2024

Abstract

This study aims to analyze inventory optimization using the Frequent Pattern Growth (FP Growth) algorithm, in relation to business strategy and/or accounting information systems, which a knowledge gap in previous research is as described above is the lack of knowledge about the application of the FP Growth algorithm in inventory optimization. This study was based on one year of sales and inventory data from a snack and beverage company, as a case study employing private data. A total of 3,370 transaction data samples were processed using RapidMiner data mining with FP growth algorithm. The results of both methods showed that the inventory level must be sufficient and produced two categories, namely large stock and small stock. The findings of this study indicated that the company has closely optimized its inventory since there were some products that were not involved in the association rules of sales.

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Journal Info

Abbrev

jbmed

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences Other

Description

Journal of Business Management and Economic Development (JBMED) is an international academic open-access journal that has gained a foothold in Indonesia, Asia and is open to the world. It aims to promote the integration of trade, economics, and finance. The focus is to publish papers on ...