Risk Analysis in A Manufacturing Company's Inventory Cycle

Abstract

This study aims to analyze risk management in the inventory cycle of manufacturing companies and aims to provide recommendations to reduce identified risks. This study uses small and medium enterprises as a case study because it has limited resources to respond to potential risks that threaten business continuity. The method used is qualitative descriptive method with case study approach. Data obtained through document analysis, observation, and in-depth interview. The results show that there are risks identified in the inventory cycle that have not been mitigated by the company's internal controls. Risk maturity assessment conducted before the study showed that the company was at the risk level of naïve and increased to risk defined after the research. Keywords—Risk analysis, Inventory cycle, Manufacturing, Small medium enterprise