scholarly journals MANAGEMENT STRATEGY SWOT ANALYSIS OF LUCKY TEXTILE GROUP IN FACING TEXTILE INDUSTRY COMPETITION

2020 ◽  
Vol 1 (3) ◽  
pp. 430-454
Author(s):  
Afthon Kumbara
Keyword(s):  
Foreign Exchange ◽  
Textile Industry ◽  
Swot Analysis ◽  
Raw Materials ◽  
Market Competition ◽  
Raw Material ◽  
Woven Fabric ◽  
Manufacturing Companies ◽  
National Interests ◽  
Industry Competition

Lucky Textile Group is one of the textile manufacturing companies in Indonesia. Lucky Textile Group has 2 companies, each of which has different production results but is mutually sustainable. PT. Benang Citra Indonesia and PT. Lucky Print Abadi is part of the Lucky Textile Group. PT. Yarn Citra Indonesia currently produces yarn with the main raw material, namely cotton, while PT. Lucky Print Abadi produces woven and finishing fabrics (Printing, Dying and White). The raw material for making woven fabric is yarn obtained from PT. Yarn Citra Indonesia or can also be from an outside factory according to the type of raw materials needed. Then it is processed into finishing cloth (Printing, Dyeing and White) according to the customer's request. It is known that market competition in Indonesia is increasingly flooded with imported textile products so that competition in the textile industry in Indonesia is getting tougher, where competitors from Vietnam and Bangladesh also make many Indonesian textile producers fall. The textile and textile product industry (TPT) of Indonesia is one of the strategic national manufacturing industries in the Indonesian economy, because of its contribution to 2 (two) national interests. First in the social field, through employment and opening up employment opportunities. Second in the economic sector, namely the average foreign exchange generated by the textile sector in the last 5 years reached US $ 7.92 billion with a growth rate of 8.5% and contributed the largest foreign exchange of all Indonesian export commodities. Therefore through the SWOT analysis, it is expected to be able to understand the strength of the Lucky Textile Group in facing global competition.

scholarly journals THE ANALYSIS OF PORTER'S FIVE FORCES IN LUCKY TEXTILE GROUP IN FACING THE COMPETITION OF TEXTILE INDUSTRY

2020 ◽  
Vol 1 (3) ◽  
pp. 397-412
Author(s):  
Afthon Kumbara
Keyword(s):  
Production Process ◽  
Textile Industry ◽  
Swot Analysis ◽  
Raw Materials ◽  
Market Competition ◽  
Raw Material ◽  
Woven Fabric ◽  
Customer Demand ◽  
The World ◽  
Textile Industries

Lucky Textile Group is one of the textile industries in Indonesia. Lucky Textile Group has 2 subsidiaries, each of which has different processes and production results while maintaining mutual sustainability, namely PT. Benang Citra Indonesia and PT. Eternal Lucky Print. PT. Yarn Citra Indonesia is an industry that produces yarn with the main raw materials, namely cotton, rayon, capital, tencel and cotton blends, while PT. Lucky Print Abadi is an industry that produces woven and finishing fabrics (Printing, Dyeing and White). The raw material for making woven fabric is yarn obtained from PT. Yarn Citra Indonesia or can also be from an outside factory according to the appropriate type of raw material. Then processed into finishing fabrics (Printing, Dyeing and White) according to customer requests including special finishing such as waterproof, anti-fire, anti-bacterial etc. Market competition in Indonesia Even the world is getting stronger with the entry of new competition so this creates challenges that must be resolved. Improving efficiency, innovation and quality in the production process is a way to attract the attention of customers and do not forget to maintain customer confidence by implementing customer responses that encourage and meet customer demand Through the analysis of 5 porter strengths and SWOT analysis, it is expected that Lucky Textile Group can prepare and build strength in the current and future competition in the textile industry

scholarly journals Utilization of the Django Framework as a Dashboard Model Information System for Raw Material Inventory on PT Bimasakti Karyaprima

2019 ◽  
Vol 1 (2) ◽  
pp. 192-202
Author(s):  
Sandro Alfeno ◽  
Danang Rifai ◽  
Muhammad Saepudin
Keyword(s):  
Web Application ◽  
Swot Analysis ◽  
Raw Materials ◽  
Design Method ◽  
Test Method ◽  
Production Performance ◽  
Raw Material ◽  
Production Section ◽  
Equipment Production ◽  
Office Equipment

The aim of the research is to analyze the raw material inventory and design a dashboard system that can help achieve company goals. The research method used is the method of analysis of stash, software design methods, and methods of software testing. The design analysis method used is the SWOT analysis, the design method used is the design concept using UML diagrams, the soft test method uses the Black Box concept. The results achieved are a dashboard system used by the Warehouse Section and Production Section to monitor raw material inventories and production performance. The conclusion of this study is that the dashboard application that has been made can help the Warehouse and Production Section to monitor raw material inventory and production performance in real time. This web application provides information easily, quickly, concisely and interactively which includes raw materials for shoe components, office equipment, production tools and general equipment, inventory planning, recommendations and reports on transactions and raw material requests. Keywords : Dashboard, Material

scholarly journals PRODUK SAMPING TANAMAN UBIKAYU SEBAGAI POTENSI BIOEKONOMI UNTUK PERTANIAN MASA DEPAN

2019 ◽  
Vol 13 (3) ◽  
pp. 433
Author(s):  
Fahrur Rozi ◽  
Quartina Pudjiastuti
Keyword(s):  
Swot Analysis ◽  
New Technologies ◽  
Raw Materials ◽  
Economic Value ◽  
Development Strategies ◽  
Raw Material ◽  
Added Value ◽  
Small Scale ◽  
Integrated Agriculture ◽  
By Products

Potential and opportunities for cassava development are still very broad along with development of companies in livestock, processed food, and other industries. Added value of cassava commodities resulting from development of downstream industries (processed products) is far higher than upstream industries (primary products), so that development paradigm in agriculture sector in future should be directed towards product expansion including its waste. This study aims to examine the economic value of cassava as a future crop from direct as well as by-products and their development strategies. Data was collected from small-scale tapioca flour farmers, ranchers and entrepreneurs. SWOT analysis was used to determine relevant development strategies. Analysis shows that cassava has an potential, especially as a raw material for food and feed industry. In short term, developing cassava strategy as an industrial raw material is to use new technologies i.e. varieties and cultivation techniques for planting arrangements. Cassava potential economic value is relatively high in terms of farming aspects, food raw materials, feed and industry. This potential, apart from main product, is also by-product that has been neglected at 29.7% of cassava main value. By-products potensial has not been used optimally and a bioeconomic value of biomass that can support integrated agriculture in the future.

scholarly journals Implementasi Algoritma Wagner-Within pada Manajemen Inventori di PT X

2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Puspandam Katias ◽  
Achmad Affandi
Keyword(s):  
Production System ◽  
Manufacturing Industry ◽  
Raw Materials ◽  
Raw Material ◽  
Efficient Production ◽  
Manufacturing Companies ◽  
Inventory Cost ◽  
Qualitative Descriptive ◽  
Total Inventory ◽  
Supporting Material

The increasing competition in the manufacturing industry caused increasing inconsumer demand of the quality and quantity of a good product. Therefore, manufacturing companies must have reliable services, policies and product qualities to satisfy its customers. So it needs to be supported by efficient production system and inventory system. To able to create an efficient production system then need a good raw material inventory planning. This research aims to compere how efficiently in planning raw materials inventory between Wagner-Within Algorithm with the actual concept that applied to PT X, Sidoarjo. The methodology of this research is qualitative descriptive research. The findings this research is engaged in packaging (woven bag and jumbo bag) with main raw materials such as plastic ore and supporting material in inner, thread, additive, and pigment. Based on the result of the analysis is known that the actual concept of the company gives the total inventory cost IDR 3.151.000.000 with the frequency of ordering 12 times while WagnerWithin Algorithm method provides a more efficient total inventory cost of Rp. 2.685.821.101 with8 times the frequency of ordering and can savings of 14.8% of total raw material inventory cost.

scholarly journals ANALYZING THE OPERATIONAL AND LOGISTICS REQUIREMENTS BY EVALUATING THE MARKET POTENTIAL FOR E-LOGISTIC SUPPORT PROVIDER

2021 ◽  
Vol 57 (9) ◽  
pp. 6190-6196
Author(s):  
Nikhil Satpute, Ramkrishna Manatkar
Keyword(s):  
Raw Materials ◽  
Market Potential ◽  
Manufacturing Industries ◽  
Raw Material ◽  
Manufacturing Companies ◽  
Indian Government ◽  
Goods Movement ◽  
Logistics Company ◽  
Logistic Service ◽  
Logistic Support

continuously 2020. The Indian government has made a declaration that it is working at the approach to build up the new logistics plan in India. The point is to build up the most prudent approach to transport products by 2035. As we know logistics is a highly diverse gambit consisting many factors and variables, we decided to focus on Trucking segment of logistics in Mumbai region. Mumbai is a city in Maharashtra, India. To know more about the market and its potential we needed to know more about the transporters and manufacturing industries in Mumbai. As transporters in Mumbai can get us about the idea of logistical truck movements inside and outside Mumbai, and the manufacturing industries can suggest us about which type of trucks are required by them according to the raw materials they need or the final products they distribute. Apart from the logistic movement in and out of Mumbai, we also tried to capture the openness of transporter to sign up for e-logistic service provider and try to expand their business by adding a technological aspect to it. Research contains detailed and verified information of 57 transporters and on all possible combination of types of trucks provided by transporter and their operational routes. Also, we have recognized total of 125 Manufacturing companies from various industries, having one or more plant in or around Mumbai. Also, we classified the 125 companies into 15 Industries These companies have some raw material movements into Mumbai and some finish goods movement from Mumbai to various parts of India. By analyzing the collected data, we found out which type of truck have how much demand on which route. Also, we could figure out the willingness of transporter to work in collaboration with e-logistics company

scholarly journals The Study of Process and Characteristics of Woven Fabric from Plant Fibers of Lidah Mertua (Sansevieria trifasciata P.)

2019 ◽  
Vol 7 (2) ◽  
pp. 207-220 ◽  
Author(s):  
Lisa Oktavia Br Napitupulu ◽  
Asri Widyasanti ◽  
Ahmad Thoriq ◽  
Asep Yusuf
Keyword(s):  
Tensile Strength ◽  
Textile Industry ◽  
Natural Fibers ◽  
Woven Fabrics ◽  
Raw Material ◽  
Woven Fabric ◽  
Plant Fibers ◽  
Weft Direction ◽  
A Value ◽  
Descriptive Method

Sansevieria or known as tongue-in-law plant is an ornamental plant that is quite popular in Indonesia. This plant is very easily cultivated, easy to grow in areas with less water and sunlight. This plant contains potential natural fibers used as raw material requirements for textile industry, specifically in fabric making. The aims of this research were to determine the production process consisting and analyzing the characteristics of woven fabrics from the leaves of the tongue-in-law plant. The method of fibers extraction used the mechanical decortication process and making woven fabric is done using ATBM. The research method used is descriptive method. Based on the results of the study, it is known that the woven cloth of tongue-in-law has color characteristics with a value of L* 69.73; a* 1.86; b* 17,38; H 83,88. Besides that, it is known the mechanical characteristics of the tongue-in-law woven fabric, the tensile strength of the fabric, the weft  direction of 46.05 kg and the warp direction of 19.96 kg; weft direction stretch 22% and stretch direction of the warp of 55.20%; weft direction tear strength 19.17% and wrap direction 4.60%; and air penetrating power 116.2 cm3/cm2/s.The value of the tensile strength of the tongue-in-law woven fabric produced in the warp direction does not meet the standards of SNI 08-0056-2006 woven fabric quality requirements for suit.Therefore, woven fabric produced is intended as a craft material.

Export Policy in Pakistan

1966 ◽  
Vol 6 (1) ◽  
pp. 57-79 ◽  
Author(s):  
Richard Mallon
Keyword(s):  
Textile Industry ◽  
Economies Of Scale ◽  
Raw Materials ◽  
Labour Force ◽  
Terms Of Trade ◽  
Economic Consequences ◽  
Raw Material ◽  
Export Diversification ◽  
Export Policy ◽  
External Economy

One of the main objectives of Pakistan's export policy has been the promotion of exports of manufactured goods. This is an objective which many under¬developed, predominately primary-exporting countries have in common because of their interest in export diversification. The general arguments used to justify such a policy, e.g., improvement in the terms of trade and increased stability of export proceeds—will not, however, be discussed in this paper1. Attention will instead be focussed on the economic consequences of the specific measures adopted by Pakistan, namely, a combination of export duties and subsidies which discriminate in favour of processed goods and against raw materials. The fact that in Pakistan the chief beneficiaries of discrimination have been manufactures of jute and cotton, products which also constitute most of the country's raw material exports, facilitates the economic evaluation of this policy. It can thus be assumed that if jute and cotton were not exported as manufactures they could be exported in raw form, or in other words, that the problem con¬sists in selecting that combination of exports in raw and manufactured form which maximizes net foreign exchange earnings. Furthermore, the textile industry is not a very good case for applying the external economy argument (i.e., subsidies to industries which provide training to the labour force in new skills, etc.,) be¬cause the industry would exist in any case to supply the internal market, economies of scale are limited and the skills employed are fairly rudimentary. In the follow¬ing, all our discussion will be concentrated on the jute and cotton situation, the special problems of other manufacturing fall outside the scope of our analysis.

Innovative Approaches to the Management of Commercial and Economic Activities of Environmental Enterprise - “Spicy Pack”

2020 ◽  
Vol 11 (7) ◽  
pp. 1664
Author(s):  
Valentyna ARANCHIY ◽  
Ilona YASNOLOB ◽  
Nataliia DEMIANENKO ◽  
Oleksandr BEZKROVNYI ◽  
Olena MYKHAILOVA ◽  
...  
Keyword(s):  
Swot Analysis ◽  
Raw Materials ◽  
Food Products ◽  
Environmental Safety ◽  
Raw Material ◽  
Packaging Materials ◽  
Economic Activities ◽  
Material Type ◽  
Fallen Leaves ◽  
Innovative Approaches

The comparison of eco-friendliness of paper packaging materials from wood and alternative raw materials (straw, fallen leaves, etc.) with polyethylene packaging was made. The analysis was conducted according to the following criteria: consumption of raw materials, electricity, rubbish formation, and price of selling products. Advantages and drawbacks of each raw material type were characterized. It has been mentioned that polymers make a considerable and increasing part in manufacturing packaging materials. The prospects of producing paper bags from leaves and their sales prices were analyzed. The terms of degradation of packages made from different materials were analyzed. The conclusion has been made that paper from fallen leaves is not cheap, but it is important considering its environmental safety.  SWOT analysis of “Spicy pack” enterprise’s activity was analyzed (it will be engaged in manufacturing spicy packages for food products from innovative raw materials). The expediency of making spicy packages for food products was substantiated. In particular, ‘Spicy pack” logo consisting of only eco-paper (made from fallen leaves) and spices was suggested. Such packaging will help prolong 4 times food products’ suitability.  Such spices as cloves, rosemary, oregano, curcuma, and sage having antiseptic properties will be added to packages and napkins. These products will be reused for two-three weeks, then spices vanish, and the paper can be processed.

scholarly journals SISTEM INFORMASI AKUNTANSI DALAM KAITANNYA DENGAN LAPORAN BIAYA PRODUKSI PADA PERUSAHAAN CV SURYA PRATAMA GEMILANG

2019 ◽  
Author(s):  
LUSSAR GERRYCIA GUNAWAN ◽  
Iriyadi
Keyword(s):  
Production Process ◽  
Raw Materials ◽  
Accounting Information ◽  
Production Costs ◽  
Raw Material ◽  
Cost Calculation ◽  
Manufacturing Companies ◽  
Labor Costs ◽  
Laboratory Equipment ◽  
Record System

Development of competitive businesses have triggered changes in the various methods of business management to streamline labor costs, overhead costs and raw material costs in improving product quality. Manufacturing companies are in a period of dynamic transformation that requires the manufacturers to always expand its business to survive and have strong competitiveness in addition to the company must have a strategy for its business organization, strategies must be developed by the company in addition to developing the company's products also must develop the data processing. Every company should be able to do if financial data appropriately and accurately to support the company's business decisions. For that a corporate leader needs a tool to control the company, the tool is a useful accounting information system to present the report production costs properly. Hopefully, by the system of all the activities of the company can be run according to plan and to minimize deviations or errors that occur which could harm the company.Object of research chosen by the authors is the company CV Surya Pratama Gemilang, a medium-sized manufacturing company that produces a variety of bacterial decomposition and laboratory equipment. The company has a systematic record system and computerized production and there are some systems that are still made manually as demand for raw materials from the production to the warehouse with a waffle sometimes only just though the procedure had to use a memo for taking raw materials from the warehouse. In doing production company CV Surya Pratama Gemilang processing raw materials into finished products based on processes that make the production process according to the requirement or determination of the barn, so when the warehouse inventory is less than the policy-setting in the warehouse, the company started production to meet the needs of the provisions in the warehouse. From the nature of the production process suitable production cost calculation is based on the cost method (Process Costing).Keywords: Accounting Information Systems, report production costs, Cost Based Process

scholarly journals SISTEM MONITORING KETERSEDIAAN BAHAN BAKU COR BETON MENGGUNAKAN METODE MARKET BASKET ANALYSIS

2019 ◽  
Vol 1 (2) ◽  
pp. 1-7
Author(s):  
Rometdo Muzawi ◽  
Tashid Tashid ◽  
Mahadir Nasution
Keyword(s):  
Raw Materials ◽  
Raw Material ◽  
Manufacturing Companies ◽  
Market Basket Analysis ◽  
Cast Material ◽  
Production Sector ◽  
Market Basket ◽  
Management Function ◽  
Cast Concrete ◽  
A Company

Cast concrete is very important in building physical buildings, both for the construction of houses, hotels, bridges, apartments and other physical buildings. The concrete cast material is the most chosen by the community in building buildings because it is easily formed according to the needs of construction and has a strong strength and is resistant to high temperatures. "Inventory is a component of material or finished product available in hand, waiting to be used or sold" (Groebner in Baroto, 2002: 52). Monitoring raw material inventory is a management function that is very important because inventory is a very large investment company, both in terms of value and future functions. So from that the company needs to implement planning regarding inventory control which estimates the accuracy between inputs into output and the accuracy of the quantity or volume of raw materials. In the real world there are many companies that have not noticed the importance of managing raw material inventories, this can be found in companies that experience excess raw materials in warehouses, as well as running out of raw materials. Monitoring inventory that is well implemented can trigger the success of a company in the production sector in a timely manner. In manufacturing companies often encountered a delay in the arrival of raw materials according to a predetermined schedule. This can create panic at the company's management if there is a stock out, where on the other hand the company must immediately fulfill the goods orders. Therefore, monitoring the availability of concrete cast materials is very important to support the smooth production and can avoid the vacuum of concrete cast material. If the availability of concrete cast raw materials does not monitor, it will cause difficulties in knowing whether or not there is still a concrete cast material to be produced. On this basis the author makes a monitoring system for the availability of concrete cast raw materials using the Market Basket Analysis method.

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