Journal of Business and Management
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Application Of Project Scheduling Towards Multiple Cropping Process To Achieve Maximum Land Optimization In PT. XYZ
No full textAccording to the global economy, On 2017, Badan Pusat Statistik stated that, the consumption of fruit and vegetables until 2016, showed that almost all of Indonesian citizen which is 97,29 percent of them consumed vegetables.PT. XYZ seen this situation as their opportunities to run their business activities. The company are planning to produce agricultural product such as vegetables, specifically carrot. To stabilize the harvesting process, PT. XYZ will applied multiple crop rotation method. The company decide the supporting plants will be sweet corn and scallion. To develop and present an optimization model of production planning, project scheduling will applied as the tool to demonstrate the production planning.Construct schedule in production planning, developing linear programming is needed to create the mathematical model. Before build the model, several data that related to the model require to be gathered. According to Darst (1990), there are three components involved to formulate linear programming into a model, which are specify the decision variables, constraints and the objective function. Subsequently the completed model can be running in software named MATLAB. The result from processing in MATLAB, shows the amount of required land and the pattern of rotation so the company could meet the weekly demand of each commodities for time period 52 weeks. From the final result, it can concluded that PT. XYZ need 1,893 ha so the company could fulfil the weekly demand of each commodities and so the rotation system could be performed based on principle of rotation system For more specifically 60 plotting area with each area has sizes for ±315 m2 are needed to utilized.Keywords: Agriculture, multiple cropping rotation, optimisation method, scheduling, linear programming, mathematical model, gantt chart
Inventory Analysis For Perishable Item In Aircraft Manufacturing: A Study of PT.Dirgantara Indonesia
No full textPT Dirgantara Indonesia (Persero) is the first and only aircraft industry in Indonesia and the Southeast Asia Region. This company is owned by the Indonesia Government. PT Dirgantara Indonesia was established on April 26, 1976. PT Dirgantara Indonesia engaged in aerospace manufacturing, aerospace design development and being a sub-contractor for major aircraft industries in the world. During the production process, there is a delay in completion of aircraft, this is because of the time placing order and quantity order is not efficient yet. This study aims to solve the problem that focuses on inventory management of consumable and also a perishable item of sealant.These study analyses the root cause of the problem using the current reality tree, and the result is an ineffective inventory policy. Existing inventory model in the company isn’t effective and efficient yet, because there is a stock out for sealant and create a delay for 60 days and create opportunity lost Rp.26.247.376.680. After knowing the root cause, this study use EOQ and ROP with probabilistic demand and constant lead time to solve the problem and compare it with existing method in PT.Dirgantara indonesia. From the comparing calculation of existing and proposed method, the cost reduction is $ 55,044 or 23.2%
Leadership characteristics needed by perum bulog in order to change from dominantly public service obligation company to become dominantly commercial company
No full textBulog is a state-owned enterprise that operates in the field of food. Bulog has three general functions, namely maintaining food price stability, ensuring food availability, and ensuring food affordability. Although as a state-owned company, Bulog does not entirely run a profit-oriented commercial business but rather tends to carry out a public service function where Bulog must distribute food aid from the government to the poor.However, along with the issuance of Presidential Regulation No.63 of 2017 which decides that food aid from the government is no longer fully controlled by the National Logistics Agency but is left to the free market mechanism. This is a challenge for Bulog, because they must turn to be more commercial than public service, and must be more competitive and reduce the role of public services in facing this challenge, it requires progressive changes in Bulog, one of which is a change in the field of leadership.Through a semi-structured interview method with several Bulog employees, the researcher identified the leadership characteristics needed by Bulog to face the challenges of being a more profit-oriented company. Also, this study also discusses the forms of implementation that have been carried out by Bulog in changing the character of leadership to face the challenges it faces. The researcher found several leadership characteristics for Bulog such as being open-minded, reliable, able to see business opportunities carefully, customer-oriented, and disciplined. In addition, in terms of implementation, Bulog has issued Directors\u27 Regulation Number 05 Year 2019 regarding the Managerial Competency Dictionary which is issued as a character reference that must be possessed by Bulog to face challenging and dynamic business situations.Keywords: Bulog, characteritics, leadership PSO, profit oriented, challenge
Demand forecast and material requirement planning application in small-medium enterprise fashion industry
No full textInventory management is one aspect which is important in maintaining the smoothness of the production process that will ultimately affect the smoothness of consumer demand fulfilment. Companies need to acknowledge the upcoming demand that they can expect to happen. The way to know this is to conduct demand forecasting. Korina is a fashion industry company which actively compete in the industry, particularly in Hijab fashion market. With the ongoing competition between hijab fashion companies, Korina faces the problem of the inability to fulfil the demand, particularly in their dress products. This problem can be traced because Korina does not conduct any demand forecasting and material requirement planning. The objectives of this research are to analyze the demand forecast recommendation of dress products based on the previous data obtained in Korina; to implement the proper material requirement planning basedon the demand forecast in Korina, and; to acknowledge the economic benefit Korina would gain in the future if it follows the material requirement planning and demand forecasting calculated. The methodology used in this research is quantitative approach by calculating Time Series Analysis Demand Forecasting and Economic Order Quantity Material Resource Planning. The result of this research shows that with implementing the appropriate demand forecasting andmaterial requirement planning, Korina is able to achieve economic benefit and fulfil the upcoming demands. Keywords: Demand Forecasting, Material Requirement Planning, Fashion Industry, Inventory Management Inventory management is one aspect which is important in maintaining the smoothness of the production process that will ultimately affect the smoothness of consumer demand fulfilment. Companies need to acknowledge the upcoming demand that they can expect to happen. The way to know this is to conduct demand forecasting. Korina is a fashion industry company which actively compete in the industry, particularly in Hijab fashion market. With the ongoing competition between hijab fashion companies, Korina faces the problem of the inability to fulfil the demand, particularly in their dress products. This problem can be traced because Korina does not conduct any demand forecasting and material requirement planning. The objectives of this research are to analyze the demand forecast recommendation of dress products based on the previous data obtained in Korina; to implement the proper material requirement planning based on the demand forecast in Korina, and; to acknowledge the economic benefit Korina would gain in the future if it follows the material requirement planning and demand forecasting calculated. The methodology used in this research is quantitative approach by calculating Time Series Analysis Demand Forecasting and Economic Order Quantity Material Resource Planning. The result of this research shows that with implementing the appropriate demand forecasting and material requirement planning, Korina is able to achieve economic benefit and fulfil the upcoming demands. Keywords: Demand Forecasting, Material Requirement Planning, Fashion Industry, Inventory Managemen
Androgynous Selebgram Endorsement Influence Toward Consumer Buying Intention in Relation to The Instagram Advertisement for Fashion Product
No full textThe topic of this research is about androgynous endorsement influence toward consumer buying intention on Instagram for fashion products. The problems involving androgyny who endorser on Instagram are very few due to stereotypes about those who are very biased, in Indonesia androgyny are having different interpretations because they display strange personalities in their eyes, even though the concept of androgyny is not limited to gender, many have done the androgyny concept, one of which is Thailand in that country has almost no point of view about gender. Androgynous fashion is the union of male and female style, as well as masculinity and femininity in one body. One example of the androgynous model in Indonesia is Jovi adhiguna, Jovi is an androgynous model that has long been engaged in the fashion world because it has an interest in fashion and fashion for men or women. Therefore, the purpose of this research is Identifying the effectiveness of androgyny models against endorsement Instagram affecting the consumer buying intention on using Instagram. Thus this research has two models, the first five aspects androgynous model (likeability, credibility, personality, attractiveness, and expertise) toward endorsement and endorsement toward consumer buying intention. The object of this research is knowing about how the influence of androgyny models on endorsement Instagram that affects consumer buying intention with the fashion of the advertised product. In the analysis using multiple linear regression (MLR). The questionnaire used in this research and for a sample consisting of (200) users of Instagram. For the result, the first model only one rejected because above 0.05 there is likeability, and the others are accepted because they have a value below 0.05 and the second model has a significant level for endorsement Influence toward consumer buying intention because they have a value below 0.05
Organizational Health Index In A State-Owned Enterprise: A Case Study At PT. Waskita Karya Headquarters
No full textAn organization’s health is an ability to align around and achieve strategic goals and is critical for long-term performance. However, according to McKinsey (2010), many leaders overlook organizational health because they lack a clear way to measure and improve it. Organizational Health Index (OHI) applies analytical rigor to organizational health management. The Organizational Health Index solution measures and tracks the organizational elements that drive performance. It provides a simple but powerful road map for leaders and managers to improve organizational health (Mckinsey, 2010). As a State-Owned Enterprise, Waskita has never conducted organizational health assessment. The author gained this information by conducting a pre-research interview with the secretary of Human Capital Management division in Waskita. The health of the organization within the company is very influential in the work performance of the company itself. If we associate with the Waskita case and the development of the Indonesia infrastructure that is being launched, then OHI will be very useful for Waskita. Moreover, Waskita is one of leading state companies in Indonesia which plays a major role in the development of the country. Then, OHI is important in order for Waskita to monitor and maintain performance to expedite the country’s infrastructure development process. The researcher will use the type of research in the form of quantitative, because quantitative business research can be defined as business research that addresses the purpose of research through empirical assessments involving measurement and numerical analysis approaches. When looking at the mean score of each practice without being grouped into archaetype, the practice of open and trusting contributes greatly to the formation of Organizational Health Index in Waskita. This is followed by employees’ priorities for the capability and impact of motivation on the work environment. On the contrary, we can see that the leadership aspect in Waskita contributes little to the formation of Organizational Health Index in Waskita. From the point of view archaetype grouping Organizarional Health Index in Waskita can be developed on the knowledge core aspect. This is because Waskita has not prioritized knowledge core practice to the fullest. If we look at each practice without groping archaetype, the leadership aspect can be developed to contribute more to the formation of Organizational Health Index in Waskita. Furthermore, the author recommends that Waskita should focus on pursuing leadership driven and market focus archaetypes in order to fulfil its vision and mission.Key words: Organizational Health Index, State-Owned Enterpris
The Influence of Country of Origin (COO) on Indonesian Coffee Consumers Purchase Decision
No full textThe world coffee consumption is experiencing a positive growth that has recorded to increase at an average annual growth rate of 1.9%. Indonesian coffee consumption has been significantly increasing every year starting from 2010 until 2018. Indonesian’s desire for coffee along with coffee products continues to grow. From the country-of-origin (COO) point of view, COO has a contribution towards consumer’s evaluation of a product. COO effect does not only depend on the effective perceived quality image of the country, but also on consumers’ feelings toward it. This research focuses on consumer purchase decision by examining cognitive, affective and normative mechanisms in consumer preference formation for domestic vs imported coffee products. Data is drawn from a survey of 224 coffee consumers who were ascertained to regularly drink coffee. The research instrument and its measurements were adapted from previous studies. The measurement model was tested via PLS SEM method which was processed using SmartPLS 3.0 software. Once the construct reliability and validities were established, the structural model was evaluated to test the relationship among the hypotheses. The findings suggest that COO affects purchase behaviour of coffee products by Indonesian consumers where cognitive and normative mechanism are stronger determinants of domestic consumption than affective mechanism. Furthermore, Indonesian coffee products are supported by several parties so the business is growing, and Indonesian coffee products are expected to face opportunities and challenges in the future. The findings of this paper will also indicate the importance for the businesses in coffee industry to have knowledge and fully prepared with the prospects and challenges that they might be facing prior to developing their businesses. The implication of this research is that the education about coffee among coffee farmers needs to be boosted in order to produce better coffee quality, also business should emphasize more about the Indonesian-made originality along with the quality of Indonesian coffee marketing communication to develop personal bonds with the consumers which will help the brands to keep retained in consumers’ minds.Keywords: Affective, cognitive, COO, Indonesian coffee, normative, purchase decisio
Assessing The Financial Feasibility of XYZ Company New Branch
No full textIndonesia is the 4th most populous country in the world. The big market size in Indonesia makes Indonesia an attractive target for companies engaged in the food and beverage industry. XYZ company is one of the companies engaged in the food and beverage industry. Seeing the vast market in Indonesia, XYZ company wants to create a new branch in order to reach a wider market. This study aims to assess the feasibility study of the branch to be built by the XYZ Company. Feasibility studies are studies conducted to assess whether a project is profitable to make. This research begins by conducting projections from financial statements to estimate the company\u27s financial condition in the future. This research was made using Capital Budgeting Analysis. The Capital Budgeting Analysis method uses indicators such as Net Present Value (NPV), Internal Rate of Return (IRR) and Payback Period. This study also aims to assess risk in capital budgeting by using sensitivity analysis and simulation analysis. Investment projects carried out by XYZ Company can be categorized as feasible because the Net Present Value (NPV) of the project to be executed is positively valued at IDR 2,691,090,310. In addition, the payback period of the XYZ Company investment project can be achieved within 1 year and 257 days, the period is faster than the maximum return period of 5 years. The Internal Rate of Return owned by XYZ Company is 67%, the value is smaller than the Weighted Average Cost of Capital (WACC) value of 23%. The calculation of sensitivity analysis and simulation analysis shows that the project to be made by XYZ Company has a low risk. It can be seen from XYZ Company’s project investment has a 100% probability above 0. According to the Monte Carlo calculation, the minimum Net Present Value (NPV) obtained by XYZ Company will be IDR 147,329,263 and the maximum NPV obtained is IDR 5,658,991,854 with a mean of IDR 2,900,399,432.
Production Planning in PT. Rekayasa Agri Utama
No full textBackground: One of the important stages before starting production activities is production planning. The company have to calculated the product completion time. The delay in production will reduce customer trust because the company can not fulfill the customer demand. While, if the production completed early, it will increasing holding cost. To making the appropriate production planning, an accurate forecast is needed in order to prevent excess and insufficient amount of production then make the appropriate production planning through master production schedule. PT.Rekayasa Agri Utama(RAU) is a company engaged in the agribusiness industry, which was established to produce and distribute probiotic microbes with the SIMBA trademark. Currently, PT. RAU is facing inventory buildup because they did not yet have a good production scheduling system and demand forecasting system. So the purpose of this study is to determine the appropriate demand forecasting system in Degra Simba products at PT. RAU and determine the quantity of production, and quantity of safety stock.Methods: To determine the forecasting system that is in accordance with PT.RAU, this study uses a demand forecasting method which is included in the Time Series Analysis category. Each demand forecasting method is compared with the actual demand, so the method that is most suitable for PT.RAU is a method that has the smallest error value. After determining the most suitable forecasting method, then to overcome the problem of inventory accumulation this research also makes aggregate planning for company used the strategy which has the lowest cost for company.Results: The results of the study show that the forecasting method that is most suitable with PT.RAU is the Moving Average method because the method has the smallest error. By using this model, it indicates that data demand on Degra Simba has no trends or seasonal. Inventory buildup that occurs in the company can be overcome by making an aggregate planning using the aggregate planning strategy which has the lowest cost that is linear programming strategy. By applying linear programming strategy PT. RAU can save Rp230,709,900.Conclusion: PT.RAU should apply the moving average method as a demand forecasting system and Linear Programming Strategy as their production planning.Keywords: forecasting demand, production planning, aggregate planning, linear programming strategy, degra simba
Analysis of Institut Teknologi Bandung Students Satisfaction Level Towards Dimsum House
No full text"The increasing number of culinary restaurants in Bandung city is inseparable from the high interest of the public and tourists for the varied and innovative culinary needs, that lead to increase of competition between restaurants. This study specifically investigates dimsum business in Bandung city, and takes the Dimsum House restaurant as the main sample. Dimsum House facing a lot of competitors in that is spread in their current selling location. Therefore, for restaurants to win in the current competition, an analysis of customer satisfaction is needed to compete. Customer satisfaction is predicted to have four main determinants such as product quality, price, service quality, and easiness. The scope of customer is reduced to Institut Teknologi Bandung student as the main source of customers. The data of this study used quantitative and primary data from 305 respondents and measured by multi linear regression. The results show that only product quality is the main influences factor to customer satisfaction. Therefore, business owner and entrepreneurs are advised to focus on improving and fixing their product quality rather than price, service quality, and easiness.Keywords: Customer satisfaction, Product quality, Price, Service quality, Easiness, Business competition