Economic Order Quantity to Control Raw the Materials Inventory on “Zaskya Bakery” Home Industry

Zaskya Bakery Home Industry is one of the small industries that produce various types of sweet bread in Central Bengkulu Regency. Optimal raw material inventory control is essential for companies to make the production process good. The economic order quantity (EOQ) method is the basic method of inventory control by finding the minimum point between ordering costs and storage costs. The purpose of this study was to determine the inventory control of some raw materials in the Zaskya Bakery Home Industry by using EOQ. Survey and observation with a quantitative descriptive approach are The methods used in this research. Data analysis uses the calculation formula of EOQ, total inventory cost, safety stock, and reorder point. The results showed that the application of the EOQ method in controlling raw material inventory was an emphasis on inventory costs on the Zaskya Bakery Home Industry. The Efficiency of the quantity of raw material ordering each time order, the time of re-ordering of raw materials, as well as the quantity of safety inventory can be known.

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PENGENDALIAN PERSEDIAAN BAHAN BAKU DALAM PROSES PRODUKSI DENGAN MENGGUNAKAN METODE ECONOMIC ORDER QUANTITY (EOQ)

Journal of Management and Bussines (JOMB) ◽

10.31539/jomb.v1i2.690 ◽

2019 ◽

Vol 1 (2) ◽

pp. 415-423

Author(s):

Elia Rahayu R ◽

Nor Norisanti ◽

Acep Samsudin

Keyword(s):

Raw Materials ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity ◽

Analysis Method ◽

Inventory Cost ◽

Total Inventory ◽

The Difference ◽

Quantitative Descriptive

The purpose of this study is to control the supply of raw materials using the Economic Order Quantity (EOQ) method in Tahu Nugraha Jaya Sukabumi UKM. The data analysis method used is quantitative descriptive to describe and describe the data to be examined and then processed using EOQ. This study uses the EOQ method to determine the total inventory cost. The data needed in this study are the number of purchases of raw materials, the amount of use of raw materials, storage costs, and ordering costs. The results of this study indicate that by applying the EOQ method can further optimize the supply of raw materials by minimizing raw materials with increased inventory. With the application of the Economic Order Quantity (EOQ) method it shows more efficient than conventional methods of the company. Conclusions, seen from the difference in the TIC of the two methods, the more efficient method is the Economic Order Quantity (EOQ) method that is equal to 244,392.94 while the calculation used by the company is 374,325. so that it can be obtained that there is a difference between the Company TIC and the EIC method TIC. Keywords: Raw Material Inventory, Production Process

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SISTEM PENGENDALIAN PERSEDIAAN STOK BAHAN BAKU MENGGUNAKAN METODE ECONOMIC ORDER QUANTITY DI PIZZAHUT SETIABUDI

JURNAL ILMIAH INFORMATIKA ◽

10.33884/jif.v9i01.3725 ◽

2021 ◽

Vol 9 (01) ◽

pp. 43-47

Author(s):

Cindy Anindya Puspadev

Keyword(s):

Control System ◽

Middle Class ◽

Inventory Control ◽

Raw Materials ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity ◽

Inventory Costs ◽

Manual Recording

Pizzahut Setiabudi Semarang is a middle class restaurant in Indonesia that serves pizza, pasta and also various kinds of food. The process of recording stock inventories at Pizzahut Setiabudi currently still uses manual recording on books, both incoming and outgoing materials. In addition, the procurement process for raw material stock only uses estimates, this can lead to excess stock in the warehouse or actually experience a stock shortage which can later hamper the operational process of the business. In this research, we build a raw material inventory control system to help restaurants manage material stock data using the Economic Order Quantity (EOQ) method. EOQ is a method used to optimize the purchase of raw materials that can reduce inventory costs so that the efficiency of material inventory in the company can run well.

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Evaluation of Raw Material Inventory in Socks Home Industry Using Economic Order Quantity (EOQ)

Revista Gestão Inovação e Tecnologias ◽

10.47059/revistageintec.v11i4.2484 ◽

2021 ◽

Vol 11 (4) ◽

pp. 4561-4572

Author(s):

Haridhsah Hilmi Septiawan ◽

Rorim Panday

Keyword(s):

Raw Materials ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity ◽

Literature Study ◽

Inventory Costs ◽

Analysis Technique ◽

Holding Cost ◽

Total Inventory

This study aims to evaluate purchasing raw materials and the Home Industry Socks by using the Economic Order Quantity (EOQ) method and the compare to the company's actual method. And to find out whether the EOQ method is effective to be applied to the company. The data used in this study are in the form of notes, reports, and company documentation for the period 2017, 2018, and 2019 provided by the owner through observation, interview, documentation, and literature study. Meanwhile, the usage data, raw material prices, and raw material purchase data are obtained from company records. The analysis technique in this study used EOQ formula, standard deviation, safety stock, Total Holding Cost, Total Ordering Cost, and Total Inventory Cost. The result of this research is that EOQ method is effective to be applied to socks home industry companies to control inventory more efficiently because it can minimize inventory costs.

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Analisis Pengendalian Persediaan Bahan Baku dengan Menerapkan Metode EOQ (Economic Order Quantity) pada PT. Jatisari Furniture Work

EKONOMIS Journal of Economics and Business ◽

10.33087/ekonomis.v5i1.304 ◽

2021 ◽

Vol 5 (1) ◽

pp. 215

Author(s):

Arga Sutrisna ◽

Rizki Ginanjar ◽

Suci Putri Lestari

Keyword(s):

Production Costs ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Analysis Tool ◽

Order Quantity ◽

Inventory Cost ◽

Total Cost ◽

Inventory Costs ◽

Total Inventory

This research objectives aims to determine and analyze raw material inventory control, the ideal raw material inventory that the company must provide and the efficiency of production costs carried out by Jatisri Furniture Work in Tasikmalaya for the period 2018.11 – 2020.02. The data collection method in this study is by direct observation at Jatisari Furniture Work in Tasikmalaya. Using techniques such us interviews, observation, and documentation. These observations were made in production reports for the years 2018 – 2020. The analysis tool was carried out using the Economic Order Quantity (EOQ) method such us safety stock, reorder point, and total inventory cost. The result of the Economic Order Quantity (EOQ) analysis show that the total cost of raw the material inventory that must be incurred by the company is greater than the total cost of inventories calculated according to the EOQ method. Companies should follow the calculations from the EOQ method so that they can save on raw material inventory costs, so that production costs are more efficient.

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ANALISIS PENGENDALIAN PERSEDIAAN DENGAN METODE EOQ USAHA STAN KAYU SINAR SOWI KABUPATEN MANOKWARI

Cakrawala Management Business Journal ◽

10.30862/cm-bj.v2i2.47 ◽

2020 ◽

Vol 2 (2) ◽

pp. 340

Author(s):

Rizkyani Pratama ◽

Yulius H Saptomo ◽

Dirarini Sudarwadi

Keyword(s):

Raw Materials ◽

Case Study Research ◽

Cost Savings ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity ◽

Inventory Cost ◽

Total Inventory

Controlling and determining of inventory is an important thing in order to produce efficiently and able to make smooth sales. The purpose of this research is to know an analysis of controlling raw material inventoriesin the manufacture of brick by using Economic Order Quantity (EOQ) method to increase efficiency of the total inventory costin Stan Kayu Sinar Sowi. The raw material of brick is rough sand and cements. Type of case study research through a qualitative approach by means of interviews, observation and documentation. Case study on a wood booth business in Manokwari, West Papua. The results of the study that the purchase of raw materials made by the company is considered less efficient, because company policies tend to cause expenditure to be greater in the amount of Rp.606,620,250 for 12 months (1 period), while using the Economic Order Quantity (EOQ) method will issue a fee of Rp.550,712,500 for the same period. Using the Economic Order Quantity (EOQ) method, the order quantity is higher and the order frequency will be lower, resulting in order cost savings and increasing the total inventory cost efficiency.

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Analisis Pengendalian Ketersediaan Bahan Baku Di PT. Akasha Wira Internasional, Tbk Menggunakan Metode EOQ

JURMATIS : Jurnal Ilmiah Mahasiswa Teknik Industri ◽

10.30737/jurmatis.v2i1.860 ◽

2020 ◽

Vol 2 (1) ◽

pp. 22

Author(s):

Sandi Wardani ◽

Sri Rahayuningsih ◽

Ana Komari

Keyword(s):

Raw Materials ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Optimal Order ◽

Order Quantity ◽

Inventory Cost ◽

Safety Stock ◽

Reorder Point ◽

Total Inventory

This study aims to analyze the availability of raw materials at PT. Akasha Wira Internasional Tbk, analyzes the total cost of raw material inventories, analyzes to reorder point raw materials, analyzes the amount of safety stock of raw materials, analyzes raw material inventory control. The analytical method used is the Economic Order Quantity method, which is to find out the optimal order or purchase quantity with the aim of minimizing inventory costs consisting of ordering costs and storage costs. The results showed that the purchase of optimal ades 1500 ML label raw materials according to the Economic Order Quantity method during the 2017 period for each message was greater than what the company did. The optimal purchase of raw materials that must be done by the company in 2017 is 397 m with the frequency of ordering that must be done as much as 2 times. The safety stock quantity that must be available in the warehouse is 480.15 m and the Re Order Point according to the Economic Order Quantity is at the time of the inventory in the warehouse is 512.91 m. The total inventory cost for the production process incurred according to the Economic Order Quantity method is smaller than the total inventory cost incurred by the company. Keywords: Inventory, Raw Materials, Economic Order Quantity Penelitian ini bertujuan untuk menganalisis ketersediaan bahan baku di PT. Akasha Wira Internasional Tbk, menganalisis total biaya persediaan bahan baku, menganalisis untuk melakukan pemesanan kembali (reorder point) bahan baku, menganalisis jumlah persediaan pengamanan barang (safety stock) bahan baku, menganalisis pengendalian persediaan bahan baku. Penggunaan pendekatan yaitu metode Economic Order Quantity sebagai cara menyimpan bahan baku untuk ketersediaan biaya pesan dan biaya simpan bahan baku. Data yang diperoleh adalah data primer dan data sekunder. Pada bahan baku ades 1500 ML tahun 2017 memiliki tingkat pemesanan yang lebih tinggi. Pembelian bahan baku optimal yang harus dilakukan perusahaan pada tahun 2017 adalah sebesar 397 m dengan frekuensi pemesanan yang harus dilakukan adalah sebanyak 2 kali. Kuantitas persediaan pengaman yang harus tersedia digudang adalah sebesar 480,15 m dan titik pemesanan kembali menurut Economic Order Quantity yaitu saat persediaan digudang tinggal 512,91 m. Maka dalam proses produksi menurut EOQ lebih kecil diabnding dengan total pembiayaan dari perusahaan. Kata Kunci : Persediaan , Bahan Baku, Economic Order Quantity

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ANALISIS PENGENDALIAN PERSEDIAAN BAHAN BAKU PADA PABRIK TAHU SKM DI BANJARBARU

Jurnal Ilmiah Ekonomi Bisnis ◽

10.35972/jieb.v5i2.275 ◽

2019 ◽

Vol 5 (2) ◽

Author(s):

Imawati Yousida

Keyword(s):

Production Process ◽

Inventory Control ◽

Production Cost ◽

Research Study ◽

Raw Materials ◽

Secondary Data ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity

Abstract: The purpose of this study was to determine the analysis of production cost collection at the SKM Tofu Factory in Banjarbaru and to apply the Economic Order Quantity (EOQ) method. This study is a research study by collecting data with documentation techniques and data used is secondary data in the form of material inventory raw soybeans and other costs. Continuing with these data so that the production process can run smoothly by fulfilling the raw material inventory needs, namely by applying raw material inventory control using the Economic Order Quantity (EOQ) method. The results showed that the SKM Tofu Factory could save the purchase of raw materials for soybeans by Rp 129,132,512.5, - Analysis of raw material inventory control using the Economic Order Quantity (EOQ) Method. the results of the application of the method obtained EOQ value with a total quantity of 2,908 Kg per month for January each time ordering and the frequency of ordering 5 times a month. Raw material inventory (SS) is 11,124.38 Kg per month, the maximum inventory (MI) is 10,293.72 Kg and the Total Supply Cost is Rp. 1,325,854,300. Savings on inventory control using the EOQ method is Rp 129,132,512.5 when using this method Keywords: Inventory , Tofu Factory, EOQ Abstrak: Tujuan dari penelitian ini adalah Untuk mengetahui analisis pengumpulan biaya produksi pada Pabrik Tahu SKM di Banjarbaru dan menerapkan metode Economic Order Quantity (EOQ) Penelitian ini adalah penelitian studi dengan mengumpulkan data dengan teknik dokumentasi dan data yang digunakan adalah data sekunder berupa pembelian persediaan bahan baku kacang kedelai dan biaya lainnya. Selanjutkan dengan data tersebut agar proses produksi dapat berjalan lancar dengan pemenuhan kebutuhan persediaan bahan baku yaitu dengan menerapkan pengendalian persediaan bahan baku menggunakan metode Economic Order Quantity (EOQ). Hasil penelitian menunjukkan bahwa Pabrik Tahu SKM dapat menghemat pembelian bahan baku kacang kedelai sebesar Rp 129.132.512,5,- Analisis pengendalian persediaan bahan baku dengan menggunakan Metode Economic Order Quantity ( EOQ). hasil dari penerapan metode tersebut didapat nilai EOQ dengan jumlah kuantitas sebanyak 2.908 Kg perbulan untuk bulan Januari setiap kali melakukan pemesan dan frekuensi pemesanan sebanyak 5 kali dalam sebulan. Pengaman persediaan ( SS) bahan baku sebanyak 11.124.38 Kg rata rata perbulan, persediaan maksimum (MI) adalah sebanyak 10.293,72 Kg dan Total Biaya Persaediaan sebesar Rp 1.325.854.300. Penghematan atas pengendalian persediaan dengan metode EOQ adalah sebesar Rp 129,132,512.5 apabila menggunakan metode tersebut. Kata kunci : Persediaan, Perusahaan Tahu, EOQ

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Analisis Pengendalian Persediaan Bahan Baku PVC Compound Menggunakan Metode ABC Analisis dan EOQ Berbasis POM-QM for Windows V5.2

Jurnal Informatika Universitas Pamulang ◽

10.32493/informatika.v5i2.5449 ◽

2020 ◽

Vol 5 (2) ◽

pp. 188

Author(s):

Amin Widodo ◽

Makhsun Makhsun ◽

Achmad Hindasyah

Keyword(s):

Customer Satisfaction ◽

Operations Management ◽

Raw Materials ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity ◽

Inventory Costs ◽

Abc Analysis ◽

Cable Company

PT. Sinarmonas Industries is engaged in the Manufacture industry as a precision cable company that manufactures PVC Compound itself, the company is committed to always maintaining customer satisfaction by implementing ISO 9001 2015. In an effort to increase customer satisfaction the company experiences constraints namely determining raw materials that require special monitoring so that more inventory control efficient. The research method used is the ABC Analysis and Economic Order Quantity (EOQ) method with the help of POM-QM Information Technology Tools for Windows V5.2 this software is to assist companies in solving problems faced by operations management. The results of the study using the ABC Analyst method show that raw materials that require very strict monitoring, namely PVC 66, stabilizer, and PVC 71 of the three raw materials, are calculated using the Economic Order Quantity (EOQ) method, the company has the benefit of saving the cost of raw material inventory, namely PVC 66 an average of Rp 96,321,440.00 or companies can save inventory costs by 44%, Stabilizer raw materials an average of Rp 4,634,959.00 or companies can save inventory costs by 57%, PVC raw materials 71 an average of Rp 49,304 .566.00 or a company can save 38% in costs.

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Analisis Pengendalian Persediaan Bahan Baku Packing Menggunakan Metode Joint Replenishment Problem

Jurnal Serambi Engineering ◽

10.32672/jse.v3i1.348 ◽

2018 ◽

Vol 3 (1) ◽

Author(s):

Suseno Suseno ◽

Pitri Riyanti

Keyword(s):

Raw Materials ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Order Quantity ◽

Joint Replenishment ◽

Joint Replenishment Problem ◽

Process System ◽

Total Inventory ◽

The Difference

PT Out Of Asia is an exporting company that produces handicraft products. All products in the company are semi-finished products from suppliers who performed the finishing and packing stage. The production process system is done by the company varies according to the demand of the consumer, so the raw material of packing needed also vary. However, the increasing number of consumer demand is increasingly binding, it will also increase the demand for packing raw materials, so it is necessary to control the supply of raw materials packing to minimize the cost of raw material inventory according to storage capacity and packing production capability. In addition, ordering of raw materials can be done in combination to save raw material inventory. The method used in this research is Joint Replenishment Problem (JRP) and (Economic Order Quantity (EOQ) method, to compare total inventory cost using Joint Replenishment Probe (JRP) and Economic Order Quantity (EOQ) method. The research shows that total cost the minimum inventory using Joint Replenishment Problem (JRP) method is Rp 1,180,246,601 / year compared to use the Economic Order Quantity (EOQ) method of Rp 4,326,163,356 / year, with the difference of comparison using JRP and EOQ of Rp 3,145,916,750/ year

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Analisis Perbandingan Metode Just In Time dan Economic Order Quantity

Jurnal Teknik Industri ◽

10.22219/jtiumm.vol10.no1.7-12 ◽

2010 ◽

Vol 10 (1) ◽

pp. 7

Author(s):

Adi Santoso

Keyword(s):

Inventory Control ◽

Business Strategy ◽

Raw Material ◽

Economic Order Quantity ◽

Economic Order ◽

Just In Time ◽

Order Quantity ◽

Inventory Cost ◽

Material Supply ◽

Total Inventory

UD Surabaya Rattan Industry as the middle scale of company is produced rattan chairs. This company is based on the job order to plan and develop the future company to its business strategy become mass production. In process production, the company always faces problems in the row material supply. If the row material supply is saved in long time period and there is bulking in storage it can make the rattans will be under level quality. The purpose of this research is giving information about the choosing methods of planning, controlling the row material supply with differ between Just in Time (JIT) method with Economic Order Quantity (EOQ) to minimize inventory value. The result of from chosen method for the planning of inventory control of raw material. Total Inventory Cost (TIC) which in it there are three element of it expense of that is expense of purchasing, expense of ordering, and also stock holding cost got TIC for the Method of Just in Time (JIT) period 13 to Rp233.129.629,71. While for the Method of Economic Order of Quantity (EOQ) at period 13 to Rp234,171,969.21. Calculation of Total Inventory Cost (TIC) as a whole ( period of time 1 year) by applying Method of Just In Time ( JIT) it can be seen Totalize Inventory Cost (TIC) Rp5,012,483,943.59 while by applying Economic Order of Quantity (EOQ) from Total of Inventory Cost (TIC) Rp518,088,399.86. Becoming method planning of inventory control the selected method of Just In Time (JIT) with thrift equal to Rp5,604,456.27.

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