| dc.description.abstract | Manufacturing companies often have inventories so that their production
processes run smoothly, especially raw material inventories. Royal Food is a
subsidiary of CV Royal Insan Mandiri which produces frozen dim sum. Based on
historical data, there was a shortage of chicken raw material supplies on April 25-
26 2022 because demand increased while raw material supplies were insufficient
and raw material prices tended to be high. This study aims to measure the
performance of raw material inventory at Royal Food in its current condition
using the inventory turnover rate, inventory days of supply, and fill rate methods
and using the optimal amount of raw material inventory with EOQ, safety stock
and reorder point (ROP) in the next period. Calculation of the inventory turnover
rate for chicken raw materials shows the best value in June 2022 of 68.35, the
results of calculating the inventory turnover rate for the best shrimp raw materials
in March 2022 is 68.79. Calculation of inventory days of supply for chicken raw
materials shows the best value in May 2022 of 9.14, calculation of inventory days
of supply for shrimp shows the best value in March 2022 of 9.82. Fill rate is
100%. The optimal inventory calculation results for chicken raw materials are
EOQ of 1,033 Kg/order, safety stock of 40.41 Kg, and ROP of 133.67 Kg. The
calculation results for shrimp raw materials are EOQ of 605 Kg/order, safety stock
of 40.41 Kg, and ROP of 72.41 Kg. The use of optimal inventory of raw materials
in the next period shows that there is no shortage of inventory because the reorder
point has been implemented which includes safety stock. | en_US |
