Risk Analysis of Stock Management at Export Trading Company “PT. AST”

Steffan Albert Yoni De Vega, Teguh Soedarto^* and Mubarokah

Agribusiness Departement Student, Faculty of Agriculture, UPN Veteran East Java, Rungkut Madya Street No. 1 Gunung Anyar, Gunung Anyar District, Surabaya East Java, 60294, Indonesia

*Corresponding Author

Teguh Soedarto

Article History

Received: 15.09.2022

Accepted: 10.10.2022

Published: 25.10.2022

Abstract: Export is one type of trade with a long process. In meeting demand, exporters make every effort so that the needs of importers can be fulfilled. The length of the export process does not rule out the possibility of various forms of problems or risks that can hinder export activities, as experienced by PT. AST. As an Export Trading Company, PT. AST has problems in managing stock due to (1) the length of the supply chain, (2) wrong management method, (3) inexperience of human resources, (4) engine failure, and (5) the influence of the weather. Therefore, this study discusses to analyze the causes and effects that can lead to risks to elaborate on those five factors above in the business activities of PT. AST as the basis for core business evaluation. This study aims to: (1) identify the risks faced by PT. AST (2) then assesses the magnitude of the risk faced, and (3) determines the dominant risk that must be addressed immediately. The results of the analysis show : (1) five factors can affect stock management in the business of PT. AST include: (a) material, (b) method, (c) men, (d) machine and (e) mother nature. These factors has at least three risk impacts where minor problems drive the emergence. (2) Based on the assessment, the largest risk has a value of 432, and the smallest risk is worth 24. (3) The dominant risks determined are (a) unsuitable and defective products (432), (b) excess storage warehouse capacity (432), (c) stock fulfillment is done repeatedly (378), (d) the decrease in the quality of handicraft products (336), and (e) production and delivery delay in bulk (324).

Keywords: Risk Analysis, Stock Management, Export Trading Company