Assistance in Increasing the Efficiency of the Cost of Goods Sold for Herbal Medicine
DOI:
https://doi.org/10.56070/jcd.2024.006Keywords:
Cost of Goods Sold, Herbal Medicine, Increased Efficiency, Satrio Turonggo JatiAbstract
The Community Service Program (PKM) aims to increase production efficiency and cost management in traditional herbal medicine businesses. Through a series of training and mentoring, this program focuses on implementing more effective and efficient cost management strategies, with the hope of increasing the competitiveness of herbal medicine products in the market. A qualitative approach was used to understand the obstacles and challenges faced by herbal medicine entrepreneurs in managing production costs. Qualitative data was collected through in-depth interviews with herbal medicine entrepreneurs and direct observation of the production process. Meanwhile, a quantitative approach is used to measure cost efficiency before and after the intervention. Quantitative data is collected through financial document analysis and surveys. The results of this program show a significant increase in production cost efficiency and participants' understanding of business financial management. The conclusion of this activity indicates that by implementing the right strategy, traditional herbal medicine businesses can further develop and compete in a wider market. Recommendations in the long term, product diversification and wider market penetration can be strategies to increase business sustainability. With a commitment to increasing efficiency and innovation, Satrio Turonggo Jati can continue to develop and make a positive contribution to the local and national economy.
Downloads
References
Baranova, N. V. (2022). Selection of the overhead cost allocation base of the supply service. Vestnik UGNTU. Nauka, obrazovanie, èkonomika. Seriâ Èkonomika, 4(42), 78-86. https://doi.org/10.17122/2541-8904-2022-4-42-78-86
Bogaert, P., Bochenek, T., Prokop, A., & Pilc, A. (2015). A qualitative approach to a better understanding of the problems underlying drug shortages, as viewed from Belgian, French and the European Union’s perspectives. PloS One, 10(5), e0125691. https://doi.org/10.1371/JOURNAL.PONE.0125691
Chaves, C. da C., & Pimentel, C. (2023). Improvement of the warehouse reception process by planning and controlling raw material deliveries. International Journal of Logistics Systems and Management, 44(2), 252–271. https://doi.org/10.1504/IJLSM.2023.129004
Cipta, H., Aprilia, R., & Kurniawan, H. (2023). Material requirements planning method for controlling inventory of raw materials. Jurnal Teknik Informatika CIT Medicom, 15(1), 1–8. https://doi.org/10.35335/cit.vol15.2023.358.pp1-8
Czajka, K., Kawalec, W., Król, R., & Sówka, I. (2022). Modelling and Calculation of Raw Material Industry. In Energies (Vol. 15, Issue 14, p. 5035). MDPI. https://doi.org/10.3390/en15145035
Hasnawati, H., Wahyuni, I., Lestari, A., Dewi, R. R., & Ariani, M. (2023). Pelatihan Perhitungan Harga Pokok Produksi (HPP) dan Penyusunan Laporan Laba Rugi Bagi Komunitas UMKM di Provinsi Lampung. Empowerment: Jurnal Pengabdian Masyarakat, 6(01), 60–68. https://doi.org/10.25134/empowerment.v6i01.6826
Iswari, H. R., Bahri, S., Sopanah, S., Hasan, K., & Anggarani, D. (2022). Pembangunan Mental Dan Spirit Kewirausahaan Melalui Penyuluhan Kewirausahaan Pada Wirausahawan Desa Permanu Kabupaten Malang. Lumbung Inovasi: Jurnal Pengabdian Kepada Masyarakat, 7(3), 436–444. https://doi.org/10.36312/linov.v7i3.831
Kerdpitak, C. (2022). Business performance model of herbal community enterprise in Thailand. Uncertain Supply Chain Management, 10(2), 345–352. https://doi.org/10.5267/j.uscm.2022.1.004
Khotimah, K., Octavia, D. R., Rahmawati, E., & Fistalia, D. I. A. A. (2022). Peningkatan produktivitas kelompok usaha jamu melalui peningkatan skill inovasi produk teh rosela. JMM (Jurnal Masyarakat Mandiri), 6(1), 571–581. https://doi.org/10.31764/jmm.v6i1.6523
Mancini, L., & Nuss, P. (2020). Responsible materials management for a resource-efficient and low-carbon society. Resources, 9(6), 68. https://doi.org/10.3390/resources9060068
Ogah, M., Asiegbu, G., & Moradeyo, N. (2022). Effect of raw material inventory on operational performance in an emerging economy insight from the Nigerian manufacturing sector. International Journal on Recent Trends in Business and Tourism, 6(2), 31-43.
Peter, B. (2022). ). Qualitative Research. Advances in educational marketing, administration, and leadership book series. https://doi.org/10.4018/978-1-6684-4144-2.ch019
Ramadhanti, Y. C., Destiarni, R. P., & Muti’ah, D. (2022). Model Kemitraan Pada UMKM Jamu Tradisional Madura Melalui Pendekatan Analytical Hierarchy Process. Mimbar Agribisnis, 8(1), 468-479. https://doi.org/10.25157/ma.v8i1.6905
Rustam, K. (2022). Analisis Pengembangan Dan Kelayakan Usaha Obat Tradisional Jamu Masyarakat Kabupaten Kulonprogo. Kajian Ekonomi Dan Bisnis, 17(1), 75-90. https://doi.org/10.51277/keb.v17i1.119
Shrawankar, U., & Joshi, M. (2022). Overhead Management in Multi-Core Environment. ArXiv Preprint ArXiv:2202.06744.
Silfiani, I., Kuncoro, D. K. R., & Sitania, F. D. (2021). Planning and controlling raw materials using the material requirements planning method. Teknika: Jurnal Sains Dan Teknologi, 17(2), 131-137. https://doi.org/10.36055/TJST.V17I2.12054
Sulaiman, A. I., Adi, T. N., & Runtiko, A. G. (2022). Community empowerment as socio-economic education of tourism villages based on local wisdom. Education Quarterly Reviews, 5(3), 54-67. https://doi.org/10.31014/aior.1993.05.03.524
Tedjalaksana, L. T. V., & Trimo, L. (2022). Analisis Strategi Pemasaran Digital UMKM Produk Herbal Di Masa Pandemi Covid-19. Mimbar Agribisnis: Jurnal Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis, 8(2), 948–961. https://doi.org/10.51277/keb.v17i1.119
Wagle, B. (2019). Managing overheads in asynchronous many-task runtime systems. Louisiana State University and Agricultural & Mechanical College.
Wohllebe, A. (2022). Merchants Competing on E-Commerce Platforms: Influencing Factors on Buying Behavior. In Handbook of Research on the Platform Economy and the Evolution of E-Commerce (pp. 204–230). IGI Global. https://doi.org/10.4018/978-1-7998-7545-1.ch009
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Riris Zahrotul Fauziah, Rizki Dwi Farotul Khasanah, Hanif Rani Iswari
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
