STEEL MATERIAL STOCKIST AND FABRICATION ABRASION RESISTANCE PT. GIPAN METAL TEKNIK INDONESIA FINANCIAL MANAGEMENT PLANNING

Abstract

In general, the steel industry in Indonesia typically focuses on either stockist or fabrication. It is quite rare to find steel industries that combine both of these focuses. The establishment of PT Gipan Metal Teknik Indonesia (GMTI) marks a manufacturing company with a vision to become the best provider and fabricator of abrasion-resistant steel materials. Their mission is to prioritize product quality, timely delivery, provide excellent services, and offer customized products. PT GMTI supports end-to-end services in the fabrication process, encompassing design and drawing processes, material selection, plate cutting, fabrication, forming, and machining processes. The capital required for this business is relatively high, making the management of the invested capital crucial for the company's operational activities and overall profitability. The company's future growth depends significantly on how it manages its financial activities. The company derives profit from the difference between the sales of stockist materials and customized fabrication processes and the operational production costs. The objective of this research is to understand the financial planning and management at PT GMTI to determine future development strategies for the company.