Analysis of Raw Material Inventory Control Using Economic Order Quantity (EOQ) Method at CV. XYZ

Wahyu Sidiq Saputra, Rieska Ernawati, Wiwik Anggraini Wulansari

Abstract

Companies need a control over their products in maintaining the quality and quantity, to be able to always meet the demands and needs of consumers. CV. XYZ is a digital printing company which is located at Jl. Sunan Abinawa, Patebon District, Kendal Regency (in front of SMP 2 Patebon). Raw material inventory control in CV. XYZ still uses the manual calculation method. With the Economis Order Quantity (EOQ), the inventory of raw materials can be kept to a minimum, the cost is as low as possible, and the quality is better. Based on the results of research and data analysis shows that the application of the EOQ method in CV. XYZ can produce inventory cost efficiency. This means that the raw material procurement policy carried out by CV. XYZ so far has not been efficient and has not shown minimum costs. While the inventory costs that have been issued by the company are still greater when compared to companies implementing raw material inventory control using the EOQ method. The total cost of inventory issued based on company policy is Rp. 14,899,999, while by using the EOQ calculation method the total inventory of paper raw materials can be made smaller, namely as much as 45.4 with orders 4 times a year.

Full Text:

PDF

References

Ana, S.E. 2018 Analisis Pemesanan Bahan Baku Optimal Percetakan Merbu Dengan Metode Economic Order Quantity. Fakultas Ekonomi Universitas Sebelas Maret, Surakarta.

Ahyari, Agus. 1987. Manajemen Produksi Pengendalian Produksi. Yogyakarta.

Assauri, Sofjan.2008. Manajemen Produksi dan Operasional. Lembaga penerbit Fakultas Ekonomi Universitas Indonesia. Jakarta.

Freddy Rangkuti. 2007. Manajemen Persediaan :Aplikasi di Bidang Bisnis. Edisi 2 Jakarta: PT. Raja Grafindo Persada.

Heizer Jay, Render Barry . 2005. Operations Management. Jakarta

Saraswati, S.D. 2018. Analisis Perhitungan Economic Order Quantity (EOQ) Sebagai Pengendalian Persediaan Bahan Baku (Study pada PT Iskandar Indah Printing Textile). Fakultas Ekonomi dan Bisnis Islam.Surakarta.

Stevenson, W.J., Chuong, S.C. 2014. Manajemen Operasi Perspektif Asia,Edisi 9, Salemba Empat and MC Graw Hill Education. Jakarta.

Yatmoko, A.W.2017. Pengendalian Persediaan Bahan Baku Pthalic Anhydride Menggunakan Metode Economic Order Quantity (EOQ) Studi Kasus di PT. Alkindo Mitraraya. Kerja Praktek. Fakultas Teknik Universitas Mercu Buana, Jakarta.

Refbacks

  • There are currently no refbacks.