The Applications of Ordering Materials using Time Series Forecasting with CB-Predictor

Tri Pujadi, Witarsyah, Haris Setia Budi, Wahyu Sardjono, Bachtiar H. Simamora, Ximing Ruan

2021

Abstract

Shortage of raw materials may occur in manufacturing companies, which is caused by inaccurate orders for raw materials, and lack of raw material supplies. This problem causes inefficient costs due to the production process, the possibility of having to emergency procurement to fulfill customer orders. The solution to this problem is to develop a web-based system that supports ordering of raw materials. The calculation based on the estimated time series with the CB-Predictor. The methodology in the calculation is (1) collecting historical data on the use of raw materials, step (2) forecasting raw material needs, step (3) calculating the order quantity based on forecasting data, by comparing the deterministic method and the probabilistic method. For calculation of safety stock for each raw material, for situations outside normal conditions, for example increasing orders. The design method, the system to be developed uses the Unified Modeling Language (UML) modeling language based on the concept of Object-Oriented Analysis and Design (OOAD). The result is a web-based system application model to support a more efficient and accurate calculation of ordering raw materials. With the proposed application of information systems, the company can estimate raw material needs more quickly and accurately and can determine the quantity of orders that are tailored to the needs. So that the costs associated with ordering and storing raw materials can be minimized.

Paper Citation

in Harvard Style

Pujadi T., Witarsyah., Setia Budi H., Sardjono W., H. Simamora B. and Ruan X. (2021). The Applications of Ordering Materials using Time Series Forecasting with CB-Predictor. In Proceedings of the 4th International Conference on Applied Science and Technology on Engineering Science - Volume 1: iCAST-ES, ISBN 978-989-758-615-6, pages 1316-1321. DOI: 10.5220/0010964400003260

in Bibtex Style

@conference{icast-es21,
author={Tri Pujadi and Witarsyah and Haris Setia Budi and Wahyu Sardjono and Bachtiar H. Simamora and Ximing Ruan},
title={The Applications of Ordering Materials using Time Series Forecasting with CB-Predictor},
booktitle={Proceedings of the 4th International Conference on Applied Science and Technology on Engineering Science - Volume 1: iCAST-ES,},
year={2021},
pages={1316-1321},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010964400003260},
isbn={978-989-758-615-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th International Conference on Applied Science and Technology on Engineering Science - Volume 1: iCAST-ES,
TI - The Applications of Ordering Materials using Time Series Forecasting with CB-Predictor
SN - 978-989-758-615-6
AU - Pujadi T.
AU - Witarsyah.
AU - Setia Budi H.
AU - Sardjono W.
AU - H. Simamora B.
AU - Ruan X.
PY - 2021
SP - 1316
EP - 1321
DO - 10.5220/0010964400003260