Authors :
Satria Ilma Romadoni; Dr. Sugiyono
Volume/Issue :
Volume 8 - 2023, Issue 7 - July
Google Scholar :
https://bit.ly/3TmGbDi
Scribd :
https://tinyurl.com/3u2nyavv
DOI :
https://doi.org/10.5281/zenodo.8308176
Abstract :
This study discusses the application of the
Economic Order Quantity (EOQ) method in controlling
set top box inventory in sales at PT. Indonusa Telemehe.
Set top box inventory is an important asset for companies
to ensure product availability to customers and avoid
excessive storage costs. This study's goal is to increase set-
top box inventories so that businesses can manage
inventories more effectively. This study uses a
quantitative approach by collecting historical data on set
top box sales over a certain period. The collected data is
then analyzed to calculate the EOQ value based on
factors such as demand level, order cost, storage cost, and
product requirement level. In addition, ABC analysis is
also applied to identify the category of set top boxes that
have the largest contribution to the total inventory value.
The results showed that the application of the EOQ
method can help PT. Indonusa Telemedia in controlling
the inventory of set top boxes effectively. The use of EOQ
helps avoid an imbalance between ordering costs and
storage costs, so companies can reduce overall costs
associated with inventory. In addition, ABC analysis also
allows companies to focus on managing inventory for
more strategic set top box categories.
Keywords :
Application of EOQ Method, Inventory Control, Set Top Box, PT. Indonusa Telemehe.
This study discusses the application of the
Economic Order Quantity (EOQ) method in controlling
set top box inventory in sales at PT. Indonusa Telemehe.
Set top box inventory is an important asset for companies
to ensure product availability to customers and avoid
excessive storage costs. This study's goal is to increase set-
top box inventories so that businesses can manage
inventories more effectively. This study uses a
quantitative approach by collecting historical data on set
top box sales over a certain period. The collected data is
then analyzed to calculate the EOQ value based on
factors such as demand level, order cost, storage cost, and
product requirement level. In addition, ABC analysis is
also applied to identify the category of set top boxes that
have the largest contribution to the total inventory value.
The results showed that the application of the EOQ
method can help PT. Indonusa Telemedia in controlling
the inventory of set top boxes effectively. The use of EOQ
helps avoid an imbalance between ordering costs and
storage costs, so companies can reduce overall costs
associated with inventory. In addition, ABC analysis also
allows companies to focus on managing inventory for
more strategic set top box categories.
Keywords :
Application of EOQ Method, Inventory Control, Set Top Box, PT. Indonusa Telemehe.