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All Journal Bussman Journal : Indonesian Journal of Business and Management Jurnal Intelek Dan Cendikiawan Nusantara
Camelia Rizki Agrina
Universitas Padjadjaran
Economics, Econometrics & Finance Other

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Journal : Bussman Journal : Indonesian Journal of Business and Management

 1 
PENERAPAN METODE SIX SIGMA PADA PABRIK TEH CIATER PTPN VIII BANDUNG Camelia Rizki Agrina
Bussman Journal : Indonesian Journal of Business and Management Vol. 3 No. 2 (2023): Bussman Journal | Mei - Agustus 2023
Publisher : Gapenas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53363/buss.v3i2.176

Abstract

Indonesia is among the 5 largest tea exporting countries in the world, the other 5 countries are India, China, Sri Lanka and Kenya. This makes Indonesia must produce quality tea in order to compete with other countries. One of the companies engaged in the plantation business is PT Perkebunan Nusantara VIII (PTPN VIII). PTPN VIII has several tea plantations spread across West Java and Banten areas. One of the tea plantations managed by PTPN VIII is the Ciater Tea Factory. In carrying out its production process, the Ciater Tea Factory produces defective products that are rejected by the head office. This research is aimed at applying the Six Sigma method to the tea production process at the Ciater tea factory to reduce the defect rate of tea products. The research was conducted using the DMAIC method, identified Critical To Quality (CTQ), calculated DPMO and sigma values, outlined the factors causing defects, provided improvement proposals and improved documentation. The results of this study obtained a sigma value of 4.01 with a DPMO value of 6,054.50 and a cost reduction of Rp. 180,074,340 after process improvements. This shows that the Six Sigma method can effectively reduce the level of product defects that occur in the Ciater Tea Factory.
WORKING CAPITAL MANAGEMENT OF PT PERKEBUNAN NUSANTARA VIII Camelia Rizki Agrina
Bussman Journal : Indonesian Journal of Business and Management Vol. 3 No. 2 (2023): Bussman Journal | Mei - Agustus 2023
Publisher : Gapenas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53363/buss.v3i2.177

Abstract

PT Perkebunan Nusantara is a state-owned company in the agriculture sector. The main commodities that managed by PTPN VIII are Tea, Palm Oil, and Rubber. PTPN VIII current condition is showing the decreasing in current ratio. This indicates that The Company does not manage their working capital optimally. The aim of this research is to give an optimal working capital management and also working capital financing strategy for the Company. Managing current assets (inventory and account receivable) and current liabilities (account payable) are present in this research. Inventory managed by finding the optimal level of inventory and suggest the selling policies for The Company. Account receivable management that used in this research is relaxing the credit standard and account payable management to get the optimal credit terms from the supplier without damaging credit rating. The management of current asset and current liabilities positively impact to Cash Conversion Cycle (CCC). The result of this research shows that conservative financing strategy will result in the less expensive cost compared with aggressive financing strategy.
Co-Authors Desty Hapsari Kirana Raden Rifqi Dwisanto Syifa Nathania Yarham Zidny Ilma Hasan