Work

Management Inventory Control Kaizen of Using Continuous Review Policy in a PT XYZ commercial vehicle at Jakarta City, Indonesia

Year: 2024

Type: conference-paper

Abstract: This research aims to analyze the problem of excess spare parts inventory in commercial vehicle equipment units in the company's inventory and ordering times to avoid excess goods in the warehouse. Using the ABC classification inventory model and continuous monitoring policy, spare parts stock is calculated to compare ideal average inventory levels (AIL) and actual values. ABC analysis classification also has the advantage of identifying items that are feasible and have the potential to be reduced from inventory. From the analysis we conducted, we found that the company has the potential to reduce almost IDR 32,979 billion or 27.80% of excess inventory levels by using a continuous review policy as the basis of the inventory control calculation system. Keyword: ABC Analysis, Commercial vehicle, Inventory

Source: Proceeding of International Student Conference on Business, Education, Economics, Accounting, and Management.

DOI: 10.21009/isc-beam.012.09

Authors: Muhammad Irfan Rizki, Yenny Maya Dora

Institutions: State University of Jakarta, Universitas Widyatama

Language: English

Topic: Supply Chain and Inventory Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: bronze

OpenAlex ID: W4402721603

FWCI:

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