An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan
<p>Inventory management plays an important role in business activity for fulfilling the demandfrom the customer. Mahanagari Bandung Pisan, a retail company that runs its business indesigning and creating the merchandise of Bandung, currently faces a problem within itsinventory management of T-...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Institut Teknologi Bandung
2012-01-01
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| Series: | Asian Journal of Technology Management |
| Online Access: | http://journal.sbm.itb.ac.id/index.php/asian/article/view/165 |
| _version_ | 1818022179185360896 |
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| author | Togar M Simatupang Nidia Jernih Olanda |
| author_facet | Togar M Simatupang Nidia Jernih Olanda |
| author_sort | Togar M Simatupang |
| collection | DOAJ |
| description | <p>Inventory management plays an important role in business activity for fulfilling the demandfrom the customer. Mahanagari Bandung Pisan, a retail company that runs its business indesigning and creating the merchandise of Bandung, currently faces a problem within itsinventory management of T-shirt, the main product of the company that contributes about 79percent of the whole total sales. The company produces a high number of inventories, butthere is still lost sales occurred. This research is aimed at reviewing and finding the rootcauses of the problems occurred within inventory management of T-shirt in MahanagariBandung Pisan, by using the concept of inventory cycle for describing the current systemimplemented by Mahanagari Bandung Pisan in planning and managing the inventory of Tshirt.From the research, there are four main problems faced by the company in managing theinventory of the T-shirt. Those problems are inaccurate forecasting, unfixed schedule inordering the T-shirt to the vendor, lateness from vendor, and the office does not know currentcondition of T-shirt’s inventory. This paper proposed some solutions for solving the problem,which are combining the intuitive prediction method with moving average model for gettingthe more accurate demand forecasting, making the timeline in controlling and producing theinventory of T-shirt, implementing periodical control system and put a clause about sanctionin the contract made by Mahanagari Bandung Pisan and the vendor and controlling thesalesperson everyday and creating the rules about inventory recording.</p><p><em>Key words: inventory management, inventory cycle, mahanagari bandung pisan, forecasting,t-shirt</em></p> |
| first_indexed | 2024-04-14T08:28:59Z |
| format | Article |
| id | doaj.art-664680f2289c4e6da3f8191e6a2440ff |
| institution | Directory Open Access Journal |
| issn | 1978-6956 2089-791X |
| language | English |
| last_indexed | 2024-04-14T08:28:59Z |
| publishDate | 2012-01-01 |
| publisher | Institut Teknologi Bandung |
| record_format | Article |
| series | Asian Journal of Technology Management |
| spelling | doaj.art-664680f2289c4e6da3f8191e6a2440ff2022-12-22T02:03:58ZengInstitut Teknologi BandungAsian Journal of Technology Management1978-69562089-791X2012-01-0132155An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung PisanTogar M Simatupang0Nidia Jernih Olanda1School of Business and Management, Institut Teknologi Bandung, IndonesiaSchool of Business and Management, Institut Teknologi Bandung, Indonesia<p>Inventory management plays an important role in business activity for fulfilling the demandfrom the customer. Mahanagari Bandung Pisan, a retail company that runs its business indesigning and creating the merchandise of Bandung, currently faces a problem within itsinventory management of T-shirt, the main product of the company that contributes about 79percent of the whole total sales. The company produces a high number of inventories, butthere is still lost sales occurred. This research is aimed at reviewing and finding the rootcauses of the problems occurred within inventory management of T-shirt in MahanagariBandung Pisan, by using the concept of inventory cycle for describing the current systemimplemented by Mahanagari Bandung Pisan in planning and managing the inventory of Tshirt.From the research, there are four main problems faced by the company in managing theinventory of the T-shirt. Those problems are inaccurate forecasting, unfixed schedule inordering the T-shirt to the vendor, lateness from vendor, and the office does not know currentcondition of T-shirt’s inventory. This paper proposed some solutions for solving the problem,which are combining the intuitive prediction method with moving average model for gettingthe more accurate demand forecasting, making the timeline in controlling and producing theinventory of T-shirt, implementing periodical control system and put a clause about sanctionin the contract made by Mahanagari Bandung Pisan and the vendor and controlling thesalesperson everyday and creating the rules about inventory recording.</p><p><em>Key words: inventory management, inventory cycle, mahanagari bandung pisan, forecasting,t-shirt</em></p>http://journal.sbm.itb.ac.id/index.php/asian/article/view/165 |
| spellingShingle | Togar M Simatupang Nidia Jernih Olanda An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan Asian Journal of Technology Management |
| title | An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan |
| title_full | An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan |
| title_fullStr | An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan |
| title_full_unstemmed | An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan |
| title_short | An Analysis of Inventory Management of T-Shirt at Mahanagari Bandung Pisan |
| title_sort | analysis of inventory management of t shirt at mahanagari bandung pisan |
| url | http://journal.sbm.itb.ac.id/index.php/asian/article/view/165 |
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