Analysis of Consumable Goods Dotting Gloves Inventory Management using Buffer Stock and Reorder Point Methods
Abstract
This research aims to optimize consumable goods inventory control for dotting gloves items in a heavy equipment company. The inventory control process uses mathematical calculation methods, namely additional inventory (buffer stock) and reorder points as well as designing a web-based inventory application system. The research results showed that stock outs occurred repeatedly for dotting gloves. In 2023, the initial inventory of this item will be out of stock for 4 months. The frequency of purchasing dotting gloves is relatively small, only done twice in 5 months. After calculating the buffer stock and reorder point, the company is advised to place a reorder when the stock of dotting gloves reaches 83 pairs or 7 dozen to maintain the continuity of the company's operations. Next, a web-based inventory management application was created to automatically detect reorder points on dotting glove items.
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