DEVELOPING INVENTORY CONTROL SYSTEM AND APPLICATION FOR CYCLE COUNTING PROCESS USING ABC-VED CYCLE COUNTING METHOD FOR PHARMACEUTICAL PRODUCT

Inventory control is the process of overseeing and controlling ordering, storage and use of components that an organization uses in the production as well as the overseeing and controlling of quantities of finished products for sale. Managers are in critical need for reliable and effective inventory control system in order to reduce costs and remain competitive. This research presents a case study of inventory control strategy in Apotek Peduli. The research aims to develop new stock taking policy using ABC-VED Cycle Counting. An inventory control application is also develop as a tool to keep track of inventory, record transaction, generate cycle counting schedule and perform the cycle counting. Proposed stock-taking policy using cycle counting result in counting 35 SKUs in group I, 21 SKUs in group II and 3 SKUs in group 3 daily. Using cycle counting, items count more frequently. The first group is count 12 times in a year, second group is 6 times in a year and third group is 1.2 times in a year. Using this policy and the inventory control application, it is expected that the inventory record accuracy in Apotek Peduli may improved. Key words: Cycle Counting, Inventory Control Application, Pharmaceutical Products, Stock-take Polic