Jurnal Ipteks Terapan : research of applied science and education
Vol. 17 No. 2 (2023): Jurnal Ipteks Terapan

APPLICATION OF THE ECONOMIC ORDER QUANTITY METHOD FOR OPTIMIZATION OF SUPPLAY CHAIN MANAGEMENT IN CONTROLLING PRODUCT INVENTORY

Abulwafa Muhammad (UNIVERSITAS UPI YPTK PADANG)
Wega Andre (a:1:{s:5:"en_US"
s:15:"Upi yptk oadang"
})
Teri Ade Putra (UNIVERSITAS UPI YPTK PADANG)

Article Info

Publish Date
12 Jun 2023

Abstract

Toko Sri Bunga is an electronic store that obtains products from various suppliers then sells and delivers these products to consumers. The existing supplier and consumer management processes are conventional. This raises several problems related to product inventory, minimum product stock determination, and high inventory costs. The purpose of this research is to optimize supply chain management (SCM) in inventory control at Sri Bunga shops using the Economic Order Quantity (EOQ) method. This method is used to get the most optimal calculation of the number of orders, inventory and storage costs. The results of this study based on the calculation of the EOQ method on one sample of LG 24 TL 520V-PT TV products for 6 months obtained optimal results for ordering 36 product units with a total inventory cost of IDR 1,014,935. The results of this study can be used as a reference for the development of SCM applications used in supplier and consumer management

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Journal Info
Jurnal Ipteks Terapan : research of applied science and education
Website

Abbrev

jit

Publisher

Lembaga Layanan Pendidikan Tinggi Wilayah X

Subject

Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Astronomy Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Electrical & Electronics Engineering Energy Health Professions Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Library & Information Science Materials Science & Nanotechnology Mathematics Medicine & Pharmacology Neuroscience Nursing Physics Public Health Veterinary Other

Description

The journal focuses on publishing unpublished original research results anywhere such as: the research result on applied science and education such as: curriculum development and learning, character education, technology and instructional innovation, and learning evaluation. the research result on ...