Application of Business Model at PT. ABC

Autor: Maradel Sijabat, Adhi Setyo Santoso
Rok vydání: 2023
Předmět:
Zdroj: Qeios.
ISSN: 2632-3834
Popis: The performance of PT ABC until December 2022 has been supported by several projects. Development projects in Indonesia are of significant scale, evident from the multitude of jobs, such as the Railway Line Improvement and Toll Road projects, among others. To address the specific requirements of these activities, PT ABC has risen to the challenge by constructing several precast concrete plants in different locations in Java. Considering various aspects, including uncertain conditions such as price volatility, demand trends, and other factors affecting the production process, as well as potential operational losses, the Business Model Canvas analysis method has been employed to examine the form and business model of PT ABC. Currently, the precast concrete industry faces increasing external and internal threats, emphasizing the need for a more cost-effective production system and production schedule. One emerging threat is the practice of renting formwork tools instead of selling precast concrete, allowing contractors to produce them on-site at a lower cost without distribution expenses. Can the applied business model enable the company to thrive in the long run, and are there current challenges it must confront? The designed Business Model Canvas can serve as a decision support and guideline, guiding operations to ensure proper implementation and control. Additionally, it aids in managing strengths and weaknesses by supplementing the analysis with SWOT to minimize potential losses and maximize productivity from emerging business opportunities. The study's findings highlight the necessity of a business model for a company to achieve its vision, fulfill its mission, and endure in the present and future.
Databáze: OpenAIRE