Universitas Indonesia Conferences, International Accounting Conference - 2017

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Inventory Management Analysis and Improvement of Inventory Control Procedures: Case Study in the Secretariat of the Tax Court
Ferry Andika Harmen, Rafika Yuniasih

Last modified: 2017-07-06

Abstract


This study aims to analyze the inventory management and propose improvements to inventory control procedures at the Secretariat of the Tax Court. This study used a qualitative method with case study approach. This study describes the facts relating to inventory management activities, associated with the procurement planning, receipt of inventory, storage and maintenance, distribution of inventory, and record keeping. The results showed there are still weaknesses in the inventory management and control procedures. Therefore, this study proposes the improvement of inventory control by applying the calculationĀ  of buffer stock and reorder point, and make improvement to the procedures of; supplies admission; storing and maintenance; distribution procedure; and record keeping.

Keywords


Inventory control; internal control; inventory management; reorder point; safety stock

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