Comparison of Effectiveness Inventory Control of Eoq Method With Company Method in Steel Material Fabrication Krakatau Posco

Adam, Gunawan; Imaroh, Tukhas Shilul

doi:10.31933/dijdbm.v1i1.61

Cited by 2 publications

(2 citation statements)

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“…Penelitian ini menggunakan metode EOQ untuk mencari jumlah pemesanan yang paling ekonomis dan sesuai dengan kebutuhan produksi sehingga mengurangi biaya yang dikeluarkan. Penelitian yang dilakukan oleh (Adam & Imaroh, 2019) tentang perbandingan pengendalian persediaan. Penelitian ini bertujuan untuk membandingkan efektivitas pengendalian persediaan menggunakan metode EOQ dengan metode perusahaan.…”

Section: B Metode Eoqunclassified

Comparison of Min-Max and EOQ Methods in Web-Based Stock Management Information System

Dharmakirti,

Ngemba,

Hendra

et al. 2024

JITE

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Warehouse stock management is very important for the sustainability of a business, especially building stores that have a lot of goods. Many problems occur in the absence of stock information management in a business. This happens at Pelita Building Store which has a lot of goods so it is very difficult for the owner to decide which items to stock based on priority. This study aims to help business owners to carry out stock management by comparing two inventory methods, namely the Economic Order Quantity (EOQ) and Min-Max methods. The comparison is carried out with the aim of determining the most optimal method that can be used for stock management in the building shop business case. This research uses a system development method by adopting the prototype method. This research was tested by conducting blackbox and accuracy testing. The results of this study based on blackbox testing stated that the features in the application function properly and can be used for stock management. In addition to black box testing, accuracy testing is also carried out. Accuracy testing is done by comparing the data from the information system calculation with the data from the manual calculation. After comparison, an accuracy of 100% is obtained, thus it can be concluded that this application can be used to help shop owners determine priority stock and the most accurate method is to use the EOQ method

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Section: B Metode Eoqunclassified

Comparison of Min-Max and EOQ Methods in Web-Based Stock Management Information System

Dharmakirti,

Ngemba,

Hendra

et al. 2024

JITE

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“…The spare parts of vehicle are one of the important things in supporting engine maintenance activities. However, an excessive stock of spare parts can lead to cost wastage, and storing piled-up merchandise can cause rust or other factors that make the goods unsellable (Adam & Imaroh, 2019;Lau, 2023).…”

Section: Introductionmentioning

confidence: 99%

Evaluation of the Implementation of Inventory using the EOQ Method at Toyota Spare Parts Store Period 2021 – 2023

Marcheani Virginee,

Rakhman

2024

ARL

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Economic order quantity (EOQ) is one of the inventory management methods used to optimize the cost of inventories company can make decisions for ordering, holding, and managing inventories. The purpose of this research is to compare the optimal ordering quantities and total inventory cost between conventional methods and EOQ methods. The research method used is quantitative research with a case study approach through exploration. The variables this research are ordering cost, holding cost, annual demand, and lead time. The analysis techniques used this research are Economic Order Quantity (EOQ), safety stock, and reorder point. Mitra Motor is a business engaged services and sells inventorie, especially Toyota spare parts, Bekasi area. during the store’s operation, the store owner never recorded the quantity of ordered items, resulting a buildup of inventories that caused significant storage costs, especially for fast-moving items such as brake pads and spark plugs. The results of this research show EOQ method can be an alternative for inventory management Mitra Motor. This is evident from the total inventory cost after using the EOQ method calculation for brake pads inventory in 2021 amounting to Rp. 12.474 previously Rp. 48.070, indicating a 27% savings, in 2022 amounting to Rp. 13.096 previously Rp. 49.628, indicating a 26% savings, and in 2023 amounting to Rp. 14.331 previously Rp. 49.821 indicating a 29% savings. As for spark plug inventory in 2021 amounting to Rp. 12.409 previously Rp. 55.500, indicating a 22% savings, in 2022 amounting to Rp. 13.875 previously Rp.57.000, indicating a 24%, and in 2023 amounting to 14.400 previously Rp. 57.114, indicating a 25% savings.

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Comparison of Effectiveness Inventory Control of Eoq Method With Company Method in Steel Material Fabrication Krakatau Posco

Cited by 2 publications

References 0 publications

Comparison of Min-Max and EOQ Methods in Web-Based Stock Management Information System

Comparison of Min-Max and EOQ Methods in Web-Based Stock Management Information System

Evaluation of the Implementation of Inventory using the EOQ Method at Toyota Spare Parts Store Period 2021 – 2023

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