Formosa Journal of Sustainable Research (FJSR)
Vol. 3 No. 12 (2024): December 2024

Stock Management Optimization as a Sales Forecasting Strategy in Ayam Geprek SMEs

Trianawati, Lukie (Unknown)
Lidya, Leni (Unknown)
Fatimah, Ai Imas Faidhoh (Unknown)
Suhaima, Nurafi Razna (Unknown)
Fajri, Aulia Irhamni (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

Forecasting predicts future sales volumes and is essential for efficient stock management in businesses like ayam geprek, which relies on fresh ingredients. Discrepancies between production and demand can lead to excess inventory, increased costs, and losses. This study employs a quantitative approach, analyzing September 2024 sales data using judgment sampling and methods like Moving Averages and Exponential Smoothing (ETS). Data processing includes error evaluation (MAD, MSE, MAPE) to identify the best forecasting method. Results show ETS with α = 0.5 is optimal, achieving the lowest error rates (MAD: 6, MSE: 73, MAPE: 15%). These findings help entrepreneurs improve inventory strategies, reducing risks of shortages or surpluses

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Journal Info

Abbrev

fjsr

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Education Industrial & Manufacturing Engineering Social Sciences

Description

Formosa Journal of Sustainable Research (FJSR) is an open access and peer-reviewed journal, published by Formosa Publisher. FJSR aims to be a dissemination platform for research result from multidisciplinary research that covers the wide spectrum of research field such as education, including ...