Improvement of inventory control and cost efficiency Warteg ABC

¹ Magister Management Faculty of Economic and Business, Indonesia University
² Faculty of Economic and Business, Indonesia University

^* Corresponding author: fariz.qasmal@gmail.com

Abstract

This thesis discusses about case study Micro, Small, and Medium Enterprise (MSME) inventory control which is engaged in food and beverages industry, students of the Faculty of Economics and Business of UI, of 2020. The increasing number of MSMEs which is engaged in food and beverages industry has positive impact to the economy of Indonesia, but also leads to the increases of competitiveness among MSMEs. To compete with others in the food and beverages industry which is always growing year by year, MSMEs should be able to manage the inventory professionally. Warteg ABC is a MSME, engaged in the food and beverages industry, which is sell Indonesian cuisine. Warteg ABC was already operated for more or less 4 years in South Jakarta. Data is obtained using business coaching method, a qualitative research from the interview with the owner and observation, to mapping the MSME’s conditions and problems, continued with the corrective action to implement solution. The result shows that Warteg ABC did not have proper record for the inventory purchase decision, the amount of inventory and the calculation of inventory cost in managing their business on the daily activities. Thus, the solution that given is to improve the inventory control and cost efficiency. Implementation assessment can’t be carried out to support the results of the improvements because of the Covid-19 Pandemic that makes the MSME decided to close temporarily. This research is aimed to help Warteg ABC to improve the inventory control and cost efficiency.