Journal Of World Science
Vol. 4 No. 3 (2025): Journal of World Science

Decision Analysis of the Use of Ex-Termination Materials for Operating Cost Efficiency with a Multi-Criteria Approach in an Indonesian Upstream Oil and Gas Company

Haryanto, Tri (Unknown)
Arvitrida, Niniet Indah (Unknown)

Article Info

Publish Date
29 Mar 2025

Abstract

This study aims to develop a more effective and data-based strategy for the management of ex-termination materials in the upstream oil and gas industry, integrating ABC, VED, and FMSD methods with Analytical Hierarchy Process (AHP). The analysis was carried out by integrating the ABC-FMSD-VED matrix approach. The results showed that 21% of category A materials accounted for 80% of the total inventory value, while 85.95% of materials were included in the Deadstock category, which was not optimally utilized. The AHP analysis showed that the top priority was internal utilization, followed by borrowing, transfer, and deletion, with sensitivity tests indicating decision stability.

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Journal Info
Journal Of World Science
Website

Abbrev

jws

Publisher

Riviera Publishing

Subject

Computer Science & IT Economics, Econometrics & Finance Engineering Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal Of World Science is a scientific journal in the form of research and can be accessed openly. This journal is published monthly by CV Riviera Publishing. Journal of World Science provides a means for ongoing discussion of relevant issues that fall within the focus and scope of the journal ...