Jurnal Sistem Teknik Industri
Vol. 25 No. 1 (2023): JSTI Volume 25 Number 1 January 2023

Analysis of Consumable Material Inventory Control in Brake System Company

Afiqoh Akmalia Fahmi (Universitas Muhammadiyah Surakarta)
Arinda Soraya Putri (Universitas Muhammadiyah Surakarta)
Dani Setiyawan (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
28 Jan 2023

Abstract

A good raw material and consumables control planning system is important in the production process so that the process runs according to schedule and target. Brake system company is a manufacturing company engaged in brake systems. Concerning the control of consumable material, this company often experiences overstock in warehouses, causing an overrun in inventory costs and investment cannot develop. One of these conditions can be influenced by the ordering method applied by the company which is still not appropriate. The purpose of this study is to find out and provide proposed to companies related to the cost of consumable inventory by comparing the three methods of determining lots based on Fixed Order Quantity (FOQ), Economic Order Quantity (EOQ), and Fixed Order Quantity Proposed (FOQ Proposed) is the FOQ method combined with the Lot for Lot (LFL) principle to determine the method with the most optimal inventory cost. From the results of the study, it is known that the Proposed FOQ method has the lowest total inventory cost compared to the other two methods. The proposed FOQ approach could reduce inventory costs by up to one-third times the previous cost.

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Journal Info

Abbrev

jsti

Publisher

Subject

Control & Systems Engineering Decision Sciences, Operations Research & Management Engineering Industrial & Manufacturing Engineering

Description

Jurnal Sistem Teknik Industri (JSTI) of Universitas Sumatera Utara, Faculty of Engineering, Department of Industrial Engineering, was published in 1998. Until now, the number of publications has reached 21 volumes, each of which is published by TALENTA Publisher twice a year . Each volume has two ...