COMMUNITY SERVICE ACTIVITIES FOR ACTUALIZATION OF INVENTORY MANAGEMENT IN SMALL MEDIUM ENTERPRISES | Zendy

Achmad Yanu Alif Fianto | Zendy

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COMMUNITY SERVICE ACTIVITIES FOR ACTUALIZATION OF INVENTORY MANAGEMENT IN SMALL MEDIUM ENTERPRISES

Author(s) -

Achmad Yanu Alif Fianto

Publication year - 2022

Publication title -

jurnal layanan masyarakat (journal of public services)

Language(s) - English

Resource type - Journals

eISSN - 2722-239X

pISSN - 2580-8680

DOI - 10.20473/jlm.v6i1.2022.195-204

Subject(s) - business , inventory management , service (business) , stock (firearms) , stock management , task (project management) , operations management , economic order quantity , marketing , small and medium sized enterprises , process management , management , finance , economics , engineering , mechanical engineering , supply chain , archaeology , plan (archaeology) , history

Small and Medium-sized Entreprises (SMEs) in Surabaya were asked to participate in this project as part of their community service requirement to learn more about the best practices for inventory management. The EOQ and safety stock analysis models are used to do this task. The outcomes of this community service project show that SMEs need to enhance their inventory management. Because of the difficulties in managing inventory in SMEs, this increase is necessary. Inventory management techniques that might enhance small company operating capacities are predicted to be a real benefit of this activity for small businesses.

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