Development of Inventory Model to Reduce Total Inventory Costs at RSUD Mentawai

Authors

  • Inaya Izzati Telkom University, Indonesia
  • Dida Diah Damayanti Telkom University, Indonesia

DOI:

https://doi.org/10.25124/ijies.v7i02.241

Keywords:

Inventory policy; EOQ; perishable product; expiry cost; overstock

Abstract

The inventory policy problem is a problem in the inventory system related to how to ensure that each
usage demand can be met at minimal cost. In the healthcare industry, it is imperative that the
procurement and use of stock is not only cost-effective, but also that the required stock is always
available. Discrepancies between total inventory and usage can lead to damage to BMHP inventory
as the items have expiry dates, as well as excess total inventory costs. The problem of total inventory
costs exceeding the budget occurs because overstock is 83% of the total need, overstock is caused by
an excessive number of drug orders purchased. The purpose of this study is to reduce the total cost of
inventory by considering expiry costs, inspection cost, shortage cost, order cost, holding cost using
the EOQ method. The first stage in this study is to calculate the optimal order quantity value, then
find the expected number of drug expirations. These results will be used to calculate the total inventory
cost of five types of medical materials. for the inspection cost value, if the number of expired medical
materials is above 20, the inspection cost value is not equal to zero. The calculation results found that
the total inventory cost was Rp. 162,904,965, this cost is less than the actual cost of Rp.
185,843,346.00 with a difference of 12%.

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Published

2024-10-16

How to Cite

Inaya Izzati, & Dida Diah Damayanti. (2024). Development of Inventory Model to Reduce Total Inventory Costs at RSUD Mentawai. International Journal of Innovation in Enterprise System, 7(2), 190–200. https://doi.org/10.25124/ijies.v7i02.241

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