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Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance

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@article{IJASEIT13874,
   author = {Syarif Hadiwijaya and Ferly Norman and Fergyanto E. Gunawan},
   title = {Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance},
   journal = {International Journal on Advanced Science, Engineering and Information Technology},
   volume = {11},
   number = {5},
   year = {2021},
   pages = {2082--2088},
   keywords = {Pandemic COVID-19; briquettes; coconut; supply chain.},
   abstract = {This study intends to analyze the impact of COVID-19 on the briquette industry in Indonesia and provide recommendations for mitigating problems that arise. To the best of the authors' knowledge, this kind of topic has not been studied yet. The research method used a questionnaire to briquette business actors and interviews with the management of the Indonesian Coconut Charcoal Entrepreneurs Association (PERPAKI). Respondents received 24 questions encompassing seven dimensions according to their situation. The results of the questionnaire were then analyzed using descriptive qualitative statistics. The study results show that 29% of business operators experienced contract cancellations, 38% experienced temporary closings, and 59% experienced decreased sales. In addition, 97% of business operators experience supply chain disruption due to scarcity of raw materials; the farmers prefer to sell fresh coconuts for export rather than processing them domestically. Lower domestic prices for Copra caused it as the main derivative product and higher prices for fresh Coconut and Coconut Shell Charcoal (CSC) for export due to increased global market demand. For the mitigation and recovery of briquette companies from the impact of the Covid-19 pandemic, the authors recommend three strategic agendas. In the short term, focus on solving shortages of raw materials and improving the Company's cash flow. In the medium term, focus on pioneering the development of supply chains and the national briquette business ecosystem. The last is long-term, focus on improving product quality and the performance of the national briquette industry to make it better and more efficient in a sustainable manner.},
   issn = {2088-5334},
   publisher = {INSIGHT - Indonesian Society for Knowledge and Human Development},
   url = {http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=13874},
   doi = {10.18517/ijaseit.11.5.13874}
}

EndNote

%A Hadiwijaya, Syarif
%A Norman, Ferly
%A Gunawan, Fergyanto E.
%D 2021
%T Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance
%B 2021
%9 Pandemic COVID-19; briquettes; coconut; supply chain.
%! Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance
%K Pandemic COVID-19; briquettes; coconut; supply chain.
%X This study intends to analyze the impact of COVID-19 on the briquette industry in Indonesia and provide recommendations for mitigating problems that arise. To the best of the authors' knowledge, this kind of topic has not been studied yet. The research method used a questionnaire to briquette business actors and interviews with the management of the Indonesian Coconut Charcoal Entrepreneurs Association (PERPAKI). Respondents received 24 questions encompassing seven dimensions according to their situation. The results of the questionnaire were then analyzed using descriptive qualitative statistics. The study results show that 29% of business operators experienced contract cancellations, 38% experienced temporary closings, and 59% experienced decreased sales. In addition, 97% of business operators experience supply chain disruption due to scarcity of raw materials; the farmers prefer to sell fresh coconuts for export rather than processing them domestically. Lower domestic prices for Copra caused it as the main derivative product and higher prices for fresh Coconut and Coconut Shell Charcoal (CSC) for export due to increased global market demand. For the mitigation and recovery of briquette companies from the impact of the Covid-19 pandemic, the authors recommend three strategic agendas. In the short term, focus on solving shortages of raw materials and improving the Company's cash flow. In the medium term, focus on pioneering the development of supply chains and the national briquette business ecosystem. The last is long-term, focus on improving product quality and the performance of the national briquette industry to make it better and more efficient in a sustainable manner.
%U http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=13874
%R doi:10.18517/ijaseit.11.5.13874
%J International Journal on Advanced Science, Engineering and Information Technology
%V 11
%N 5
%@ 2088-5334

IEEE

Syarif Hadiwijaya,Ferly Norman and Fergyanto E. Gunawan,"Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance," International Journal on Advanced Science, Engineering and Information Technology, vol. 11, no. 5, pp. 2082-2088, 2021. [Online]. Available: http://dx.doi.org/10.18517/ijaseit.11.5.13874.

RefMan/ProCite (RIS)

TY  - JOUR
AU  - Hadiwijaya, Syarif
AU  - Norman, Ferly
AU  - Gunawan, Fergyanto E.
PY  - 2021
TI  - Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance
JF  - International Journal on Advanced Science, Engineering and Information Technology; Vol. 11 (2021) No. 5
Y2  - 2021
SP  - 2082
EP  - 2088
SN  - 2088-5334
PB  - INSIGHT - Indonesian Society for Knowledge and Human Development
KW  - Pandemic COVID-19; briquettes; coconut; supply chain.
N2  - This study intends to analyze the impact of COVID-19 on the briquette industry in Indonesia and provide recommendations for mitigating problems that arise. To the best of the authors' knowledge, this kind of topic has not been studied yet. The research method used a questionnaire to briquette business actors and interviews with the management of the Indonesian Coconut Charcoal Entrepreneurs Association (PERPAKI). Respondents received 24 questions encompassing seven dimensions according to their situation. The results of the questionnaire were then analyzed using descriptive qualitative statistics. The study results show that 29% of business operators experienced contract cancellations, 38% experienced temporary closings, and 59% experienced decreased sales. In addition, 97% of business operators experience supply chain disruption due to scarcity of raw materials; the farmers prefer to sell fresh coconuts for export rather than processing them domestically. Lower domestic prices for Copra caused it as the main derivative product and higher prices for fresh Coconut and Coconut Shell Charcoal (CSC) for export due to increased global market demand. For the mitigation and recovery of briquette companies from the impact of the Covid-19 pandemic, the authors recommend three strategic agendas. In the short term, focus on solving shortages of raw materials and improving the Company's cash flow. In the medium term, focus on pioneering the development of supply chains and the national briquette business ecosystem. The last is long-term, focus on improving product quality and the performance of the national briquette industry to make it better and more efficient in a sustainable manner.
UR  - http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=13874
DO  - 10.18517/ijaseit.11.5.13874

RefWorks

RT Journal Article
ID 13874
A1 Hadiwijaya, Syarif
A1 Norman, Ferly
A1 Gunawan, Fergyanto E.
T1 Analyzing the Impact of the Covid-19 Pandemic on the Indonesian Briquette Industry Performance
JF International Journal on Advanced Science, Engineering and Information Technology
VO 11
IS 5
YR 2021
SP 2082
OP 2088
SN 2088-5334
PB INSIGHT - Indonesian Society for Knowledge and Human Development
K1 Pandemic COVID-19; briquettes; coconut; supply chain.
AB This study intends to analyze the impact of COVID-19 on the briquette industry in Indonesia and provide recommendations for mitigating problems that arise. To the best of the authors' knowledge, this kind of topic has not been studied yet. The research method used a questionnaire to briquette business actors and interviews with the management of the Indonesian Coconut Charcoal Entrepreneurs Association (PERPAKI). Respondents received 24 questions encompassing seven dimensions according to their situation. The results of the questionnaire were then analyzed using descriptive qualitative statistics. The study results show that 29% of business operators experienced contract cancellations, 38% experienced temporary closings, and 59% experienced decreased sales. In addition, 97% of business operators experience supply chain disruption due to scarcity of raw materials; the farmers prefer to sell fresh coconuts for export rather than processing them domestically. Lower domestic prices for Copra caused it as the main derivative product and higher prices for fresh Coconut and Coconut Shell Charcoal (CSC) for export due to increased global market demand. For the mitigation and recovery of briquette companies from the impact of the Covid-19 pandemic, the authors recommend three strategic agendas. In the short term, focus on solving shortages of raw materials and improving the Company's cash flow. In the medium term, focus on pioneering the development of supply chains and the national briquette business ecosystem. The last is long-term, focus on improving product quality and the performance of the national briquette industry to make it better and more efficient in a sustainable manner.
LK http://ijaseit.insightsociety.org/index.php?option=com_content&view=article&id=9&Itemid=1&article_id=13874
DO  - 10.18517/ijaseit.11.5.13874