EVALUATION OF INVENTORY POLICY OF PERIPHERAL DEVICES AT CV FIRCOMINDO PADANG

Riske, Riske (2017) EVALUATION OF INVENTORY POLICY OF PERIPHERAL DEVICES AT CV FIRCOMINDO PADANG. Diploma thesis, Universitas Andalas.

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Abstract

ABSTRACT Computers are electronic goods, that are needed by people in doing the job. Computers need peripheral devices for optimal use. Because the demand of computers is high so the demand of peripheral devices is also high. CV Fircomindo is one of the distributors of peripheral devices in Padang. Based on observation and discussion, there are problems regarding high inventory level in CV Fircomindo. Inventory problem is also seen by comparing the demand and inventory of each period. This study is aims to determine the proposed inventory policy of peripheral devices to reduce the inventory cost in CV Fircomindo. The inventory policy design process begins with the classification of all inventory items using the ABC method, then calculates the optimal inventory value using the maximum-minimum method, EOQ, and EOI methods. The minimum-maximum method is calculated for non-distributed A-class items, EOQ is used for normal distributed A items, whereas EOI for class B and C. It is then calculated the total cost for each method and compares the proposed inventory policy with the current inventory policy. The total optimal inventory cost of proposed policy obtained based on the calculation is Rp 4.323.494.829 with average TOR value is 14,70. The total inventory cost with the current inventory system is Rp 4.689.789.537 with average TOR value is 2,73. If the company implements the usual policy then the company will get 8% cost savings or equivalent to Rp 366.294.708 and a more efficient inventory turnover ratio. Keywords: inventory, inventory cost, peripheral devices, TOR

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