Authors :
Ririn Saputro; Adi Fitra; Susan Kustiwan
Volume/Issue :
Volume 9 - 2024, Issue 7 - July
Google Scholar :
https://tinyurl.com/3dw3bd3p
Scribd :
https://tinyurl.com/2xr5pvzm
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24JUL615
Abstract :
The chemical inventory management at the
Waste Water Treatment Plant (WWTP) Laboratory of
PT. Fajar Surya Wisesa Tbk faces challenges in
determining the optimal order quantity, ideal reorder
time, and appropriate Safety Stock (SS) to minimize
ordering and storage costs. This research aims to provide
solutions using the Economic Order Quantity (EOQ)
method to determine the optimal order quantity, Reorder
Point (ROP) calculations to determine the reorder time,
and Safety Stock (SS) calculations to maintain the
availability of chemical supplies. The research method
used is a quantitative method with a descriptive
approach. Data is processed using POM for Windows
(POM QM) software to calculate EOQ, ROP, and SS. The
research results show that using the EOQ method, PT.
Fajar Surya Wisesa Tbk can determine the optimal order
quantity for each type of chemical. For example, the
optimal order quantity for Ammonia Nitrogen is 3 boxes
with a total annual cost of Rp 150,525,100. The ROP
calculation for Sulfate is 2 boxes, while the SS for Water
Hardness is determined to be 1 box. The conclusion of
this research is that by applying the EOQ, ROP, and SS
methods, PT. Fajar Surya Wisesa Tbk can optimize the
chemical inventory management in the WWTP
laboratory. This method helps minimize total inventory
costs and ensures the availability of chemical supplies for
smooth operations. The research recommends the
company adopt a more integrated inventory management
system and utilize information technology for real-time
inventory monitoring, thereby increasing operational
efficiency and minimizing the risk of operational
disruptions due to inventory shortages.
Keywords :
Optimization of Chemical Inventory, WWTP Laboratory, Economic Order Quantity (EOQ), Reorder Point (ROP), Safety Stock (SS).
References :
- Afrimarsa, F. D., Susanti, N., & Irwanto, T. (2022). Analysis Control Of Inventory Of Non Subsidy Fertilizer Merchandise With Economic Order Quantity (EOQ) Method In CV. Dohar Agro Mandiri. Jurnal Ekonomi, Manajemen, Akuntansi Dan Keuangan, 3(1), 81–87. https://doi.org/10.53697/emak.v3i1.377
- Chaeroni, M., & Rizkiyah, N. D. (2024). Analysis of Reagent Inventory Control in the Quality Control Laboratory of a Pharmaceutical Company Using the Economic Order Quantity (EOQ) Method). Jurnal PASTI (Penelitian Dan Aplikasi Sistem Dan Teknik Industri), 17(3), 401. https://doi.org/10.22441/pasti. 2023.v17i3.011
- Dardanella1, D., Hidayat2, A. P., Santosa3, H., & Siskandar4, R. (2022). PERAMALAN HARGA JUAL CABAI MERAH DI PASAR RAKYAT KEMANG PERUSAHAAN UMUM DAERAH PASAR TOHAGA KABUPATEN BOGOR Red Chilli Selling Prices Forcast at Kemang Public Market Region Public Company Tohaga Market Bogor District. Indonesian Journal of Science, 3(1), 16–23.
- Dian Friana Hidayat, Joko Hardono, I. A. (2022). The Implementation of Brick Production Inventory Control Using the Economic Order Quantity (EOQ) Method in CV. Indah Kiat. Jurnal Teknik, 11(2), 40–52.
- Faradisa, S., & Rizal, Y. (2024). Application of Simple Moving Average and Single Exponential Smoothing Methods in Forecasting Demand for Paracetamol at Dr. Achmad Mochtar Hospital. Jurnal Pendidikan Tambusai, 8(1), 7462–7471. https://doi.org/10.31004/ jptam.v8i1.13526
- Fauzi, A., Zakia, A., Abisal Putra, B., Sapto Bagaskoro, D., Nur Pangestu, R., & Wijaya, S. (2022). Factors that affect the impact of in-process inventory on process cost calculations: company inventory, calculation of order costs and consumption of raw materials (Literature Review Akuntansi Manajemen). Jurnal Ilmu Hukum, Humaniora Dan Politik, 2(3), 253–266. https://doi.org/10.38035/jihhp.v2i3.1037
- Ferawati, Davita Fersiartha, K., & Yuliana, I. (2020). Analysis of the Influence of Goods Inventory and Sales on Company Profit (Case Study of Cv Davin Jaya Karimun).Jurnal Cafetaria, 1(2), 33–44. https://doi.org/10.51742/akuntansi.v1i2.146
- Itsna R, N., Nirwana A, I., Widya P, R., & Bastomi, M. (2023). Analysis of Economic Order Quantity, Safety Stock, Reorder Point, and Cost of Inventory Methods in Optimizing Inventory Management of Spicy Meatball MSMEs. Indonesian Journal of Contemporary Multidisciplinary Research, 2(1), 29–44. https://doi.org/10.55927/modern.v2i1.2750
- Laoli, S., Zai, K. S., & Lase, N. K. (2022). Application of Economic Order Quantity (EOQ), Reorder Point (ROP), and Safety Stock (SS) Methods in Managing Inventory Management at Grand Katika Gunungsitoli. Jurnal EMBA, 10(4), 1269–1273.
- Mikharani, E., Najib, M., & Satria, D. (2022). Design and Build a Drug Inventory Information System Using the Website-Based Safety Stock Method (Case Study: South Lampung Clara Pharmacy). Jurnal Teknologi Dan Sistem Informasi (JTSI), 3(2), 38–44.
- Oktavia, C. W., & Natalia, C. (2021). ANALYSIS OF THE EFFECT OF THE ECONOMIC ORDER QUANTITY APPROACH ON INVENTORY COST SAVINGS.Jurnal Penelitian Dan Aplikasi Sistem & Teknik Industri (PASTI), XV(1), 103–117.
- Ova Novi Irama, & Murni Dahlena. (2021). Analysis of Palm Oil Inventory Control Using the Economic Order Quantity Method (Case Study on Ptpn IV Adolina Business Unit). Jurnal Akuntansi Audit Dan Perpajakan Indonesia (Jaapi), 2(1), 166–177. https://doi.org/10.32696/jaapi.v2i1.743
- Sanjaya, I. P. A., & Purnawati, N. K. (2021). Product Inventory Management Performance Analysis Ud. Sinar Jaya Karangasem. E-Jurnal Manajemen Universitas Udayana, 10(3), 270. https://doi.org/ 10.24843/ejmunud.2021.v10.i03.p04
- Setiawan, F. (2019). Designing an Application for Inventory Control of Goods with Safety Stock and Reorder Point Methods (Case Study: PT. Airlangga Jaya Mandiri).Jurnal Ilmu Komputer Dan Pendidikan, 2(2), 401–408.
- Siahaan, M., & Muhidin, A. T. (2020). Evaluation of the Internal Control System of Finished Goods Inventory at PT. Denso Manufacturing Indonesia.INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 3(4), 558–568. https://doi.org/ 10.31842/jurnalinobis.v3i4.159
- Soeltanong, M. B., & Sasongko, C. (2021). Production Planning and Inventory Control in Manufacturing Companies. Jurnal Riset Akuntansi & Perpajakan (JRAP), 8(01), 14–27. https://doi.org/10.35838/ jrap.2021.008.01.02
- Sukamdani, R. R., Herwindiati, D. E., & Sutrisno, T. (2020). Forecasting and Determining the Optimal Reorder Time with the Exponential Smoothing Method and the Economic Order Quantity Method (Case Study of Sumber Makmur). Jurnal Ilmu Komputer Dan Sistem Informasi, 8(2), 291. https://doi.org/10.24912/ jiksi.v8i2.11538
- Taska, M. K. P., & Yulianti, D. T. (2020). Cideres Hospital Drug Management Information System with the Application of EOQ and ROP Methods. Jurnal Strategi, 2(2), 466–475.
- Tesalonika F. Dagi, Jenny Morasa, & Victorina Z. Tirayoh. (2023). Raw Material Inventory Analysis Using the Economic Order Quantity (EOQ) Method To Maximize Profits at UD. Panca Putra. Indonesian Journal of Business Analytics, 3(1), 85–98. https://doi.org/10.55927/ijba.v3i1.3307.
- Nurislamiyati, D. U., & Milana, L. (2022). Anaerobic Industrial Liquid Waste Treatment Technology Using IC (Internal Circulation) Reactor. 232–238.
The chemical inventory management at the
Waste Water Treatment Plant (WWTP) Laboratory of
PT. Fajar Surya Wisesa Tbk faces challenges in
determining the optimal order quantity, ideal reorder
time, and appropriate Safety Stock (SS) to minimize
ordering and storage costs. This research aims to provide
solutions using the Economic Order Quantity (EOQ)
method to determine the optimal order quantity, Reorder
Point (ROP) calculations to determine the reorder time,
and Safety Stock (SS) calculations to maintain the
availability of chemical supplies. The research method
used is a quantitative method with a descriptive
approach. Data is processed using POM for Windows
(POM QM) software to calculate EOQ, ROP, and SS. The
research results show that using the EOQ method, PT.
Fajar Surya Wisesa Tbk can determine the optimal order
quantity for each type of chemical. For example, the
optimal order quantity for Ammonia Nitrogen is 3 boxes
with a total annual cost of Rp 150,525,100. The ROP
calculation for Sulfate is 2 boxes, while the SS for Water
Hardness is determined to be 1 box. The conclusion of
this research is that by applying the EOQ, ROP, and SS
methods, PT. Fajar Surya Wisesa Tbk can optimize the
chemical inventory management in the WWTP
laboratory. This method helps minimize total inventory
costs and ensures the availability of chemical supplies for
smooth operations. The research recommends the
company adopt a more integrated inventory management
system and utilize information technology for real-time
inventory monitoring, thereby increasing operational
efficiency and minimizing the risk of operational
disruptions due to inventory shortages.
Keywords :
Optimization of Chemical Inventory, WWTP Laboratory, Economic Order Quantity (EOQ), Reorder Point (ROP), Safety Stock (SS).