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INDONESIA
Jurnal Manajemen dan Agribisnis
Published by Institut Pertanian Bogor
ISSN : 16935853     EISSN : 24072524     DOI : -
Core Subject : Economy, Agriculture,
Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance
Jurnal Manajemen & Agribisnis memuat informasi hasil kegiatan penelitian, pemikiran konseptual dan review bidang ilmu manajemen agribisnis. Jurnal ilmiah ini diterbitkan oleh Program Studi Manajemen dan Bisnis, Sekolah Pascasarjana, Institut Pertanian Bogor bekerjasama Perhimpunan Ekonomi Pertanian Indonesia (PERHEPI).
Arjuna Subject : -
Articles 15 Documents
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Search results for , issue "Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022" : 15 Documents clear
Managerial Competencies Development of Oil Palm Plantation Managers for Industry 4.0 Era Eksita Mariz Ramadhinta; Eko Ruddy Cahyadi; Anggraini Sukmawati
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.24

Abstract

This study aims to identify the level of difference between the required competency values and the current competency values for plantation managers and determine the priority criteria for the competency of oil palm plantation managers according to the needs of Industry 4.0. The research method used paired sample z test and Analytical Hierarchy Process (AHP). Paired sample z test to determine the significance of the independent variable and the dependent variable. The results using the paired sample z test, that the current average value for soft competency is lower than the required value. Hence, the current average value for soft competency needs to be increased. The results using AHP obtained the priority from the criteria elements, namely social skills, then cognitive abilities, and system skills. Each of the priority elements of the criteria for social skills, cognitive abilities, and systems skills consists of training and coaching employees, responsibilities as well as judgment and decision making. Industry 4.0's approach to social skills resulted in long-distance communication by implementing digitalization. The implementation of cognitive factors as knowledge can encourage innovation and creativity. While system skills, facilitate the process of repetitive activities become quickly done so as to save time. Keywords: analytical hierarchy process, competency level index, competency model, hard skills, soft skills
The Impact of Covid-19 Pandemic to Palm Oil Companies Stock in Indonesia Hardi Dominikus Bancin; Eva Dolorosa; Erlinda Yurisinthae
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.108

Abstract

The purpose of this study was to analyze the differences in the average abnormal return, the average trading volume of activity, and the average bid-ask spread on the stock of oil palm companies in Indonesia before and after the announcement of New Normal in Indonesia and the opening of lockdown in the country export destination. In this study, three countries were taken by the Netherlands, Malaysia, and Singapore. 13 companies sampled in this study are determined using purposive sampling techniques. The data used in this study are secondary data accessed by researchers through the Yahoo Finance website and the Indonesia Stock Exchange. The variables used in this study are abnormal returns, trading volume activities, and bid-ask spreads. The testing carried out in this study used a paired t-test and tested Wilcoxon test. The results of this study indicate: (1) The results of statistical testing on the average abnormal return during the event, there is a difference in the normal new event in Indonesia, the opening of lockdown in the Netherlands and Singapore. The average value of the abnormal return is positive, so it can be concluded that this event is categorized as good news. (2) The results of statistical testing on the average trading volume activity during the event show a difference in the opening of the lockdown in Malaysia. (3) The results of testing at the average bid-ask spread during the event show a difference in the opening of the lockdown in Malaysia. Keywords: Covid-19, palm oil, abnormal return, trading volume activity, bid-ask spread
Carica Candied Supply Chain Performance Through CV. Yuasa Food Berkah Makmur Dewanti Risa Utami; Any Suryantini; Dwidjono Hadi Darwanto
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.98

Abstract

Carica fruit as the main raw material for making candied carica is an endemic fruit which only grow in the Dieng Plateau of Wonosobo Regency. It causes the limitation of carica raw materials in the carica processing industry. The objective of this study is to analyze the performance of the carica candied supply chain passing through the company starting from the supply of raw materials to the carica candied products to consumers. The analytical method used is the Supply Chain Operation Reference (SCOR) model. Primary data used are based on direct observation and interviews with 20 farmers of supplier respondents, historical data of CV. Yuasa Food Berkah Makmur was in November 2018-October 2019 and 25 agents/retailers. The results of the analysis of the carica candied supply chain performance indicate the responsiveness and reliability attributes have achieved the best performance (superior). Supply chain performance values on the asset management attributes reach a good position (advantage), and the cost attribute in the Cost of Good Solds (COGS) metric reaches a good position (advantage) as well as the Total Supply Chain Management Cost (TSCMS) metric that has not yet achieved good performance (parity). There is a need to evaluate the cost of the carica candied supply chain activity to improve performance. Keywords: Candied carica, performance, supply chain, SCOR
Business Development Strategy for Chocolate Rangginang Products at Kang Asrok’s Micro Small Business in Banjar City West Java Province Shafira Mellania Rahayu Pamungkas; Yusalina; Ratna Winandi
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.119

Abstract

Kang Asrok is a small micro-business engaged in the food processing industry, namely rangicok, which uses rangginang as a basic ingredient that is innovated with various flavors to become today's food that maintains the existence of traditional food. This study aims to analyze internal and external environmental factors: weaknesses, strengths, threats, and opportunities, formulate strategic alternatives and formulate business strategy priorities that can be a recommendation for Kang Asrok. This study uses primary data from the questionnaire of 3 experts, observation and interview with the owner, and an online survey of 20 respondents. This study uses a three-stage analysis consisting of the input stage, the matching stage, and the decision stage. This study was conducted using analysis tools such as the SWOT matrix, IFE, and EFE matrix, IE matrix, and QSP matrix. The results showed that Kang Asrok was in quadrant IV, which means the right strategy is growth and build. Based on the QSP matrix, the right strategy to be applied is market penetration to create brand awareness of the community towards the product got a STAS score of 5,30. Keywords: processing industry, QSPM, traditional food, SWOT
Mapping Fisheries Cold Chain in Western Java Using a Value Chain Perspective Galih Arista; Siti Jahroh; Dikky Indrawan
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.129

Abstract

The fisheries sector is one of Indonesia's promising industries. This industry accounts for approximately 2.6 percent of total national GDP. However, fishery products are perishable and contribute to a total loss of approximately 40due to the fishery cold chain implementation was not yet optimal. Cold chain facilities were out of reach for small fisheries due to the large investments required. The study aimed to describe the current state of fisheries cold chain implementation. In the fisheries value chain, value chain mapping was used to enable fact-finding and linkage between existing conditions, chain actors, and governance. The research was carried out in two areas: Banten and West Java. The research conducted 90 interviews with fishermen, 9 collecting traders, 6 big traders, and 6 transporters. The research found that there are numerous channels in the chain governance. These channels have different requirements and demands in both traditional and modern markets. Furthermore, the fisheries cold chains in both regions varied based on key features and the inclusion of small stakeholders in the business relation. In conclusion, limited cold chain infrastructures were utilized by the actors directly and indirectly for decent work and reduce poverty. Keywords: cold chain, fisheries industry, SDG 1, SDG 8, value chain analysis
Competitiveness of The Top 15 Main Export Destinations of Indonesia's Natural Rubber for 1991–2020 Birka Septy Meliany; Tanti Novianti
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.37

Abstract

This study aims to analyze the position and performance of Indonesia's natural rubber exports in terms of the concept of comparative advantage in the market world. The data used in this study were sourced from UN Comtrade, which is processed with a 30-year data series (1991-2020) and is categorized into six periods. The analytical methods used are Structural Trend Ranking (STR), Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD), and X-Model. The results showed that 15 countries have consistently been the main Indonesian natural rubber market for 30 years. The RCA analysis showed that Indonesian natural rubber had strong competitiveness in all destination countries, except India in the first period. In contrast, the EPD analysis found that Indonesia's rubber market position was not always static and competitive. There was shown in the period 2011-2015, the average position of Indonesia's natural rubber market is in a market position that is not wanted to "retreat" in export destination countries. However, based on the X-Model results, the average Indonesian natural rubber is in a potential market position in all export destination countries in the 1991-2020 period. Keywords: Export Product Dynamic (EPD), natural rubber, Revealed Comparative Advantage (RCA), Structural Trend Ranking (STR), x-model
The Exchange Rate Volatility Impact on Agricultural Trade: An Evidence From Indonesian Pepper Export Bertha Lovita Dwi Intania Permana; Suharno; Amzul Rifin
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.12

Abstract

Pepper (Piper nigrum) is one of the most exported spices in Indonesia followed by cinnamon, cloves, and vanilla. Due to its strong dependency on international trade, Indonesian pepper exports are suspected to be prone to exchange rate volatility risks. Traditionally, exchange rate volatility is perceived to discourage exports. However, studies to date remain to provide an open question on whether volatile exchange rates discourage exports. This paper aims to examine the impact of exchange rate volatility on Indonesian pepper exports to its main trading partners from 2005 to 2019. Using gravity model and GARCH (1,1) for volatility measurement, the results reveal that Indonesian pepper exports are not affected significantly by exchange rate volatility. This is because Indonesia has been in the position as a net exporter of pepper where a majority of its production is consumed abroad and pepper only costs a small percentage of the total cost of food productions. Keywords: exchange rate volatility, GARCH (1,1), gravity model, Indonesian pepper trade, Indonesian spice
Determining Technical and Resource-Use Efficiency in Rice Production in East Java Amirullah Wijaya; Amzul Rifin; Sri Hartoyo
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.48

Abstract

This study aimed to determine the technical and resource-use efficiency of East Java. The secondary data were used from the Paddy Cultivation Household Survey ST2013 handled by BPS-Statistics Indonesia. The data was cross-sectional and were derived from ST2013 in 2014. The stochastic frontier analysis analyzed the factors that drive rice output and quantified rice production's technical efficiency. In contrast, the marginal value product-marginal factor cost (MVP-MFC) approach was used to quantify resource-use efficiency in rice production. The SFA indicated that these factors positively affect rice output except for seed, fertilizer, labor, and land utilization. However, other factors were considered apart from the land size, such as exaggerated land and labor advantage in production and bad seed and fertilizer utilization. Technical efficiency varies considerably among rice farmers, ranging from 1 percent to 100 percent, with an average of 89 percent. Their technical inefficiency was influenced by their group membership, irrigation, credit, education level, and farmer age - external farm insect pests. The government and the private sector are involved in the programs through farmer groups. Keywords: agricultural production, allocative efficiency, resource-use efficiency, parametric frontier, ST2013, technical efficiency
The Impact of Rice Farm Insurance on The Income of Farmers In Indonesia Burju Silaban; Burhanuddin; Harmini
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.59

Abstract

The fluctuation of rice production in Indonesia over the last 5 years shows a downward trend due to a decrease in land area and increase risks. A government's effort to overcome the risks of rice farming is to establish rice farming insurance (AUTP). This research aims to analyze the factors that influence farmers' decisions to join rice farming insurance (AUTP) and how the impact of rice farming insurance on farming income in Indonesia. The data used was secondary data from the survey results from the Central Bureau of Statistics (BPS) in 2018. The number of samples was 470 farmers, consisting of 122 farmers who joined rice farming insurance and 358 farmers who did not take rice farming insurance. Data were analyzed using logistic regression and propensity score matching (PSM) methods. The results show that the variables of education level, participation in socialization, perceptions of decreased production, and production significantly influenced farmers' decisions to join rice farming insurance. The impact of insurance on farm income shows that the average farm income of farmers who follow rice farming insurance is higher than farmers who did not join rice farming insurance. Therefore, the government continued to encourage the implementation of the rice farming insurance program to increase the level of farmer participation and sustainability of the AUTP program. Keywords: income, participation rate, rice farming insurance, risk
The Efficiency of The Spot Market And Crude Palm Oil (CPO) Commodity Futures Market Before and During The Covid-19 Pandemic in Indonesia Abel Gandhy; Harianto; Rita Nurmalina; Suharno
Jurnal Manajemen & Agribisnis Vol. 19 No. 1 (2022): JMA Vol. 19 No. 1, March 2022
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.19.1.139

Abstract

CPO prices fluctuation cause price uncertainty formed in the future. Hedging is an activity carried out by market participants to mitigate the risk of price fluctuations. The Covid-19 pandemic disrupts the supply and demand of CPO, affecting price alteration, especially in the spot and futures markets. This study determines market efficiency and the CPO price asymmetry relationship between the Medan spot market, the Jakarta futures market, the Malaysian futures market, and the Rotterdam forward market prior to and during the COVID-19 pandemic. The data used in this study are daily price data on each market from January 2016 to December 2020. They are analyzed using the NARDL model. There is a price asymmetry relationship between the spot and futures markets preceding and during the covid-19 pandemic. The increase in CPO prices causes a more significant impact than the decline in prices in the long term. In addition, there is also a long-term and short-term efficient relationship between the spot market and the futures market for CPO commodities. Thus, the hedging function performed by the CPO commodity market participants will run effectively. Keywords: CPO Price, NARDL Model, Market Efficiency, Cointegration, Pandemic Covid-19

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