Proceedings of the Sixth International Conference on Applied Economics and Social Science (ICAESS 2024)

<Previous Article In Volume
Next Article In Volume>

Optimisation of the ABC Analysis Method Application in Material Inventory Control at PT. Supra Teknologi Plastik

Authors
Fuad Arif Rahman1, *, Rudolf Gabriel Hamonangan Simatupang1
1Politeknik Negeri Batam, Jl. Ahmad Yani, Batam, 29461, Indonesia
*Corresponding author. Email: fuadar@polibatam.ac.id
Corresponding Author
Fuad Arif Rahman
Available Online 31 December 2024.
DOI
10.2991/978-94-6463-640-6_33How to use a DOI?
Keywords
ABC Analysis; Safety Stock; Reorder Point
Abstract

PT Supra Teknologi Plastik is an industrial manufacturing company engaged in the oil and gas sector that produces pipe protectors as its main product. The supporting materials used to make pipe protectors have various types and characteristics. Therefore, controlling material inventory is essential to avoid stock-outs of materials. This study aims to determine the material calcification based on each material component's annual fund absorption value, safety stock, and reorder time. This type of research is quantitative, with data analysis techniques using the ABC Analysis method, safety stock calculation, and reorder point (ROP) calculation. The results showed that the classification using the ABC Analysis method obtained those included in category A (2 types) of materials with a total investment absorption of 85.26%, category B (4 types) of materials with a total investment absorption of 12.79%, category C (7 types) of materials with a total investment absorption of 1.96%.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the Sixth International Conference on Applied Economics and Social Science (ICAESS 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2024
ISBN
978-94-6463-640-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-640-6_33How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Fuad Arif Rahman
AU  - Rudolf Gabriel Hamonangan Simatupang
PY  - 2024
DA  - 2024/12/31
TI  - Optimisation of the ABC Analysis Method Application in Material Inventory Control at PT. Supra Teknologi Plastik
BT  - Proceedings of the  Sixth International Conference on Applied Economics and Social Science (ICAESS 2024)
PB  - Atlantis Press
SP  - 455
EP  - 463
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-640-6_33
DO  - 10.2991/978-94-6463-640-6_33
ID  - Rahman2024
ER  -