Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)

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Cutting Costs and Improving Image: Optimal Packaging Carton Inventory Control for Hospital Equipment Industry

Authors
Laila Nafisah1, *, Puryani1, Apriani Soepardi1, Mochammad Chaeron1
1Department of Industrial Engineering, UPN Veteran Yogyakarta, Yogyakarta, Indonesia
*Corresponding author. Email: laila@upnyk.ac.id
Corresponding Author
Laila Nafisah
Available Online 27 April 2023.
DOI
10.2991/978-2-38476-048-0_17How to use a DOI?
Keywords
Inventory control; packaging carton; hospital equipment; cost minimization; probabilistic demand
Abstract

The Indonesian hospital equipment industry, PT MAK, has the potential to contribute to the health sector and national economy. One of the strategies to achieve this is ensuring availability of products that customers want. However, the lack of packaging cartons often results in physical damage to products and delays in delivery. To address this issue, a study was conducted on proper packaging carton inventory control using stochastic joint replenishment orders for multi-item products with probabilistic demand. The aim was to minimize total inventory cost. The results showed that joint ordering every 25 days and order lot size proportional to demand rate per period reduced inventory cost by 27.72% per year. Implementing this policy could improve company image and loyalty of consumers.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
27 April 2023
ISBN
978-2-38476-048-0
ISSN
2352-5398
DOI
10.2991/978-2-38476-048-0_17How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Laila Nafisah
AU  - Puryani
AU  - Apriani Soepardi
AU  - Mochammad Chaeron
PY  - 2023
DA  - 2023/04/27
TI  - Cutting Costs and Improving Image: Optimal Packaging Carton Inventory Control for Hospital Equipment Industry
BT  - Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)
PB  - Atlantis Press
SP  - 148
EP  - 156
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-048-0_17
DO  - 10.2991/978-2-38476-048-0_17
ID  - Nafisah2023
ER  -