Analisis Pengaruh Forecasting Demand Terhadap Efisiensi Manajemen Persediaan

This study analyzes the impact of demand forecasting on inventory management efficiency, focusing on the implementation of the ARIMA method in the context of a manufacturing company in Indonesia. Using a quantitative case study approach, the research explores the relationship between forecasting accuracy and key inventory performance metrics. Results indicate that improved forecasting accuracy significantly enhances inventory efficiency, with the ARIMA method outperforming traditional methods. The implementation of ARIMA resulted in a 36.8% increase in Inventory Turnover Ratio and a 53.3% decrease in stockout rate. Time series analysis revealed a long-term improvement trend in inventory efficiency with significant seasonal components. This research provides valuable insights for practitioners and academics on the critical role of demand forecasting in optimizing inventory management and the potential of the ARIMA method in improving companies' operational efficiency.

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Publication Details

Journal
As-Syirkah Islamic Economic & Financial Journal
Published
2024-09-02
DOI
https://doi.org/10.56672/spvv5821
Primary Topic
Management and Optimization Techniques
Type
article
Field-Weighted Citation Impact
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article

Analisis Pengaruh Forecasting Demand Terhadap Efisiensi Manajemen Persediaan

S.Sn. Riyadi, Maria Yovita R. Pandin, Fandi Pratama Putra, Adam Maulana et al.
1 links
As-Syirkah Islamic Economic & Financial Journal
Management and Optimization Techniques
article

Analisis Pengaruh Forecasting Demand Terhadap Efisiensi Manajemen Persediaan

S.Sn. Riyadi, Maria Yovita R. Pandin, Fandi Pratama Putra, Adam Maulana, Gilbert Billy Rivaldo Matahurila
article en

Abstract

This study analyzes the impact of demand forecasting on inventory management efficiency, focusing on the implementation of the ARIMA method in the context of a manufacturing company in Indonesia. Using a quantitative case study approach, the research explores the relationship between forecasting accuracy and key inventory performance metrics. Results indicate that improved forecasting accuracy significantly enhances inventory efficiency, with the ARIMA method outperforming traditional methods. The implementation of ARIMA resulted in a 36.8% increase in Inventory Turnover Ratio and a 53.3% decrease in stockout rate. Time series analysis revealed a long-term improvement trend in inventory efficiency with significant seasonal components. This research provides valuable insights for practitioners and academics on the critical role of demand forecasting in optimizing inventory management and the potential of the ARIMA method in improving companies' operational efficiency.

As-Syirkah Islamic Economic & Financial JournalVol. 3(3)
Universitas 17 Agustus 1945 Surabaya (ID)
Openalex Percentile: Top 47%
Management and Optimization Techniques
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