Usulan Pengendalian Persediaan Produk P&G dengan Pendekatan Model EOQ dan Just In Time Inventory Control (JIT/EOQ) di PT. Tri Tunggal Mulia Wisesa Area Cirebon

Abstract

ABSTRACT

          Inventory Control is a very important managerial function. When inventory is overstated, the necessary storage and capital costs will increase. When a company invests too much in inventory, it causes excessive storage costs. Excess inventory also causes the capital to be inhibited, it should be invested in other, more profitable (Opportunity Cost) sectors. Conversely, when inventory is reduced, one day can experience Stock Out. If the company does not have sufficient supplies, the cost of emergency procurement will be more expensive. Another impact, maybe the empty goods on the market make consumers disappointed and run to other brands .

          PT. Tri Tunggal Mulia Wisesa (PT TMW) is a company engaged in Distributors of consumer goods products from P & G (Procter & Gamble) Like Downy, Pantene, Gillete, Vicks and so on. which meets the needs of the market Se area 3 cirebon including Indramayu, Kuningan and Majalengka. Related to the description above PT. TMW also often face the problems of procurement of its products, among others, the procurement of too large, causing high storage costs and the existence of products damaged due to accumulation that occurs due to inventory control that has not been good enough.

          There are several methods that can be used in product inventory control, such methods include: Economic Order Quantity (EOQ), Just In Time (JIT), and JIT / EOQ methods. Economic Order Quantity (EOQ) is a method used to determine the amount of optimum product ordering that can minimize total inventory cost. While JIT is an attempt to eliminate waste in all areas of production by making continuous improvement. JIT / EOQ is a turnover process from EOQ system to JIT by using slow and regular movement from ordering with big lot size to smaller on JIT

Total inventory cost incurred based on company policy of Rp 7,964,964, - When using EOQ method total cost of downy product inventory of Rp 2,424,363, -so it can save inventory cost of Rp 5,540,601, - Whereas if using JIT / EOQ method total inventory cost of downy products of Rp 757,613, - Total cost of inventory that can be saved by JIT / EOQ method of Rp 7,207,351, -

Keyword : Inventory Control, Economic Order Quantity, Just In Time