Procurement Management Strategy for Zinc Ingots Based on LME Price Volatility: Achieving Cost Reduction Targets and Optimizing Operational Performance in the Hot-Dip Galvanizing Industry
DOI:
https://doi.org/10.24256/kharaj.v8i3.11465Keywords:
LME Zinc Price Volatility, Procurement Management Strategy, Procurement Cost Efficiency, Company Operational PerformanceAbstract
Penelitian ini bertujuan untuk menganalisis pengaruh volatilitas harga Seng di London Metal Exchange (LME) dan strategi manajemen pengadaan Ingot Seng terhadap kinerja operasional perusahaan melalui efisiensi biaya pengadaan di PT Bukaka Teknik Utama. Volatilitas tinggi pada harga Seng global dapat memengaruhi biaya pengadaan bahan baku dan akibatnya memengaruhi efektivitas kinerja operasional. Oleh karena itu, strategi pengadaan yang tepat diperlukan untuk mengendalikan biaya dan menjaga efisiensi operasional. Penelitian ini menggunakan pendekatan kuantitatif dengan metode survei, dengan data yang dikumpulkan melalui kuesioner yang dibagikan kepada 32 responden yang terlibat dalam kegiatan pengadaan, produksi, dan operasional perusahaan. Data dianalisis menggunakan Partial Least Squares–Structural Equation Modeling (PLS-SEM) dengan perangkat lunak SmartPLS 4. Hasil penelitian menunjukkan bahwa volatilitas harga Seng LME secara signifikan memengaruhi efisiensi biaya pengadaan dan kinerja operasional perusahaan. Strategi manajemen pengadaan Ingot Seng juga memiliki pengaruh signifikan terhadap efisiensi biaya pengadaan dan kinerja operasional. Lebih lanjut, efisiensi biaya pengadaan secara signifikan memengaruhi kinerja operasional. Analisis mediasi menunjukkan bahwa efisiensi biaya pengadaan berhasil memediasi pengaruh volatilitas harga Seng LME dan strategi manajemen pengadaan Ingot Seng terhadap kinerja operasional. Temuan ini menunjukkan bahwa manajemen risiko harga komoditas dan strategi pengadaan yang efektif sangat penting untuk meningkatkan efisiensi biaya dan mendukung pencapaian kinerja operasional yang berkelanjutan.
References
Adda, G. (2024). Examining the relationship between procurement strategies and organizational performance of Ghanaian firms: How does strategic procurement drive organizational success? Economics Management and Sustainability, 9(2), 20. https://doi.org/10.14254/jems.2024.9-2.2
Aisyah, H., Puspita, S., & Elizamiharti, E. (2022). Resource-based view: Strategi UMKM di Sumatera Barat untuk mencapai keunggulan kompetitif. JMD Jurnal Riset Manajemen & Bisnis Dewantara, 5(2), 109. https://doi.org/10.26533/jmd.v5i2.1029
Belo, I. F. de J. M., Belo, T. F., & Amaral, A. M. (2020). The mediation effects of purchasing strategy and supplier integration on the relations between purchasing skills and corporate performance. Timor Leste Journal of Business and Management, 2, 1. https://doi.org/10.51703/bm.v2i2.17
Dasuki, R. E. (2021). Manajemen strategi: Kajian teori resource based view. Coopetition Jurnal Ilmiah Manajemen, 12(3), 447. https://doi.org/10.32670/coopetition.v12i3.710
Dinata, M. C., & Suharjito, S. (2024). Materials inventory optimization using various forecasting techniques and purchasing quantity in packaging industry. Journal of Industrial Engineering and Management, 17(2), 321. https://doi.org/10.3926/jiem.7032
Gaudenzi, B., Zsidisin, G. A., & Pellegrino, R. (2020). Measuring the financial effects of mitigating commodity price volatility in supply chains. Supply Chain Management: An International Journal, 26(1), 17. https://doi.org/10.1108/scm-02-2020-0047
Hanfan, A. (2021). Product configuration capability for improving marketing performance of small and medium metal industry in Central Java - Indonesia. Jurnal Manajemen dan Kewirausahaan, 23(2), 138. https://doi.org/10.9744/jmk.23.2.138-147
Hautala-Kankaanpää, T. (2023). Complementary and contingent value of SMEs’ data capability and supply chain capability in the competitive environment. Industrial Management & Data Systems, 123(8), 2128. https://doi.org/10.1108/imds-01-2023-0013
Heizer, J., Render, B., & Munson, C. (2018). Operations management: Sustainability and supply chain management.
Ichsan, M., et al. (2021). The mediating effect of strategic purchasing in pre-stressed concrete based construction project: A case study of construction contractor in Indonesia. Türk Bilgisayar ve Matematik Eğitimi Dergisi, 12(10). https://doi.org/10.17762/turcomat.v12i10.5539
Królikowska, E., Sierpińska-Sawicz, A., & Królikowski, M. (2021). Volatility in the raw materials market and risk mitigation methods. Inżynieria Mineralna, 1(1). https://doi.org/10.29227/im-2019-01-43
Lestari, S. P., & Sutrisna, A. (2022). Operational performance of small and medium enterprises in pandemic era. Advances in Economics, Business and Management Research. https://doi.org/10.2991/aebmr.k.220701.026
Muharram, M., Hariyati, D., & Simanjuntak, L. R. (2025). Efisiensi dan efektivitas pengadaan barang/jasa (E-procurement) pada LPSE dan E-katalog di Dinas Lingkungan Hidup Provinsi DKI Jakarta. Journal of Accounting and Finance Management, 6(3), 1547. https://doi.org/10.38035/jafm.v6i3.2277
Nnaji, U. O., Benjamin, L. B., Eyo-Udo, N. L., & Etukudoh, E. A. (2024). Effective cost management strategies in global supply chains. International Journal of Applied Research in Social Sciences, 6(5), 945. https://doi.org/10.51594/ijarss.v6i5.1146
Özmay, H. (2025). Palm yağı fiyatlarını etkileyen parametreler ve fiyat tahmin modeli. DergiPark.
Rohmasari, I. D., & Fakhroni, Z. (2023). Pengaruh supply chain management terhadap pertumbuhan laba dengan keunggulan kompetitif sebagai pemediasi. Journal of Applied Managerial Accounting, 7(2), 208. https://doi.org/10.30871/jama.v7i2.5742
Roshan, V. (2024). Enhancing operational efficiency and cash flow through supply chain optimization in the oil and gas sector. International Journal of Business and Management, 19(3), 91. https://doi.org/10.5539/ijbm.v19n3p91
Saleheen, F., & Habib, M. M. (2024). Evaluating supply chain performance through financial metrics: A study in a manufacturing industry. International Journal of Supply Chain Management, 13(2), 35. https://doi.org/10.59160/ijscm.v13i2.6240
Sari, M. P., & Yunita, I. (2019). Analisis prediksi kebangkrutan dan tingkat akurasi model Springate, Zmijewski, dan Grover. JIM UPB, 7(1), 69. https://doi.org/10.33884/jimupb.v7i1.907
Shah, S., & Hasan, S. M. (2016). Procurement practices in project-based manufacturing environments. MATEC Web of Conferences, 76, 2007. https://doi.org/10.1051/matecconf/20167602007
Siahaya, W. (2017). Manajemen pengadaan: Procurement management.
Siburian, D. S. M., Hidayati, S. A., & Pituringsih, E. (2022). Efektivitas penerapan supply chain management, Cost efficiency operasional pada kinerja perusahaan di moderasi keunggulan kompetitif. E-Jurnal Akuntansi, 32(5), 1332. https://doi.org/10.24843/eja.2022.v32.i05.p16
Siregar, H., Suroso, A. I., & Djohar, S. (2022). Development of efficient strategies to optimize production efficiency: Evidence from pine chemical industry. Decision Science Letters, 11(4), 419. https://doi.org/10.5267/j.dsl.2022.7.003
Siswanto, S. (2024). Influence of financial ratios on financial distress in manufacturing companies. Jurnal Ekonomi Bisnis & Entrepreneurship, 18(1), 205. https://doi.org/10.55208/jebe.v18i1.543
Slack, N., & Johnston, R. E. (2010). Operations management.
Soebandrija, K. E. N., & Kartowisastro, R. H. (2015). Analisis kinerja perusahaan ekspedisi dalam perspektif supply chain dan ANP. ComTech, 6(2), 248. https://doi.org/10.21512/comtech.v6i2.2269
Suardhika, I. N. (2018). Model integrasi dalam resource-based view untuk penerapan strategi bersaing dan pencapaian kinerja usaha. EKUITAS, 16(1). https://doi.org/10.24034/j25485024.y2012.v16.i1.144
Sukma, A. (2018). Perspektif resource based view (RBV) dalam membangun competitive advantage. Ad Deenar Jurnal Ekonomi dan Bisnis Islam, 1(1), 75. https://doi.org/10.30868/ad.v1i01.229
Susilawati, E., & Mulyana, A. (2018). Pengaruh penjualan dan biaya operasional terhadap laba bersih. Organum, 1(2), 74. https://doi.org/10.35138/organum.v1i2.33
Syahrani, R., & Habibullah, H. (2024). Peran teknologi informasi komunikasi dalam manajemen rantai pasok: Systematic literature review. Journal of Business Management, 2(1), 1. https://doi.org/10.47134/jobm.v2i1.19
Tarigan, Z. J. H., Siagian, H., Basana, S. R., & Jie, F. (2019). Effect of key user empowerment, purchasing strategy, process integration, production system to operational performance. E3S Web of Conferences, 130, 1042. https://doi.org/10.1051/e3sconf/201913001042
Veli, R., & Bahari, A. (2024). Perbandingan metode harga pokok produksi dalam penentuan harga jual. Monex Journal Research Accounting, 13(1), 1. https://doi.org/10.30591/monex.v13i01.5351
Wahyudhi, W. S., Sanny, L., Simatupang, B., & Furinto, A. (2024). The influences of sustainability practices and IT capability on project operational performance. Uncertain Supply Chain Management, 12(4), 2167. https://doi.org/10.5267/j.uscm.2024.6.013
Wijaya, A. S. G. (2024). Strategi manajerial dalam meningkatkan daya saing bisnis lokal. Dinamika, 2(2), 122. https://doi.org/10.56457/dinamika.v2i2.670
Winata, I. G. K. A. (2019). Menciptakan keunggulan bersaing berkelanjutan melalui budaya organisasi, strategi dan kinerja operasi. Matrik, 13(1). https://doi.org/10.24843/matrik:jmbk.2019.v13.i01.p05
Прадото, Р., Soemardi, B. W., Gazali, A., Sunarjo, H. N., Putri, A. T., Purba, R. P., & Mahardika, I. (2023). An overview of technology landscape in construction materials for the Indonesian construction industry. Jurnal Teknik Sipil, 30(3). https://doi.org/10.5614/jts.2023.30.3.3
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Copyright (c) 2026 Suherman, Nurhidayah, Abdullah Syakur Novianto
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. In line with the license, authors are allowed to share and adapt the material. In addition, the material must be given appropriate credit, provided with a link to the license, and indicated if changes were made. If authors remix, transform or build upon the material, authors must distribute their contributions under the same license as the original.
