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

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

Authors

Institutions

Publication Details

Journal
Proceeding of International Student Conference on Business, Education, Economics, Accounting, and Management.
Published
2024-08-12
DOI
https://doi.org/10.21009/isc-beam.012.09
Primary Topic
Management and Optimization Techniques
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

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

Yenny Maya Dora, Muhammad Irfan Rizki
Proceeding of International Student Conference on Business, Education, Economics, Accounting, and Management.
Management and Optimization Techniques
article

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

Yenny Maya Dora, Muhammad Irfan Rizki
article en

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

Proceeding of International Student Conference on Business, Education, Economics, Accounting, and Management.Vol. 2(1)
State University of Jakarta (ID)
Openalex Percentile: Top 72%
Management and Optimization Techniques
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.