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Replenishment Strategy Based on Historical Data and Forecast of Safety Stock Case Study: Safety Stock of PCBA at PT �X�

ONGKICYNTIA, ALLYSIA and Rahardjo, Jani (2017) Replenishment Strategy Based on Historical Data and Forecast of Safety Stock Case Study: Safety Stock of PCBA at PT �X�. [UNSPECIFIED]

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      Abstract

      Abstract�One of replenishment strategy that can be used to reduce stock out occurrences on fulfilling customer demand is safety stock. Safety stock generally influenced by supplier or manufacturing lead time, service level, and standard deviation. This research calculates and analysis the safety stock is between forecast data and historical data. ABC/FMR classifications help to give information to the company whether parts need to have stock or not. The result shows that safety stock based on historical data is better than safety stock based on forecast data. It is because safety stock based on historical data can describe the erratic demand than based on forecast data. Safety stock based on forecast data cannot be used because it has the low percentage of forecast accuracy. Based on ABC/FMR classification, several parts are suggested to have stock because has the highly frequent demand and several parts are suggested to have non-stock. One of replenishment strategy that can be used to reduce stock out occurrences on fulfilling customer demand is safety stock. Safety stock generally influenced by supplier or manufacturing lead time, service level, and standard deviation. This research calculates and analysis the safety stock is between forecast data and historical data. ABC/FMR classifications help to give information to the company whether parts need to have stock or not. The result shows that safety stock based on historical data is better than safety stock based on forecast data. It is because safety stock based on historical data can describe the erratic demand than based on forecast data. Safety stock based on forecast data cannot be used because it has the low percentage of forecast accuracy. Based on ABC/FMR classification, several parts are suggested to have stock because has the highly frequent demand and several parts are suggested to have non-stock.

      Item Type: UNSPECIFIED
      Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
      Divisions: Faculty of Industrial Technology > Industrial Engineering Department
      Depositing User: Admin
      Date Deposited: 20 Sep 2018 23:06
      Last Modified: 03 Sep 2019 21:08
      URI: https://repository.petra.ac.id/id/eprint/18601

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