Analysis of Raw Material Inventory Control in Tofu Business in Wonomarto Village

  • Putri Purwaningrum Faculty of Social Science and Political Science, University of Bandar Lampung
  • Agus Purnomo Faculty of Social Science and Political Science, University of Bandar Lampung
Keywords: Inventory, Raw Materials, Tofu Business

Abstract

Tofu Business in Wonomarto Village, North Lampung Regency, is one of the local business entities operating in the food industry. Raw material inventory control involves a number of key aspects, including the determination of optimal ordering quantities, safety stock management, and supply risk management. Inventory control methods and models, such as EOQ as well as JIT, can provide valuable insights in determining the optimal ordering quantity and managing inventory more efficiently. However, the implementation of these methods needs to be adapted to the specific conditions and needs of Tofu Business as well as the characteristics of the local food industry.  By conducting a careful analysis of raw material inventory control, Tofu Business can identify opportunities to improve operational efficiency, reduce costs, as well as improve customer service. This will help the company to remain competitive in a dynamic market and support long-term business growth in Wonomarto Village, North Lampung Regency.

Published
2024-03-26
How to Cite
Putri Purwaningrum, & Agus Purnomo. (2024). Analysis of Raw Material Inventory Control in Tofu Business in Wonomarto Village. International Journal of Economics, Business and Innovation Research, 3(02), 1102-1114. https://doi.org/10.63922/ijebir.v3i02.820