The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System

The implementation of warehouse receipt financing system for agriculture commodities has not been successfully developed in Indonesia, some constraints are hindering the system to grow. Flexibility strategy is conceptually applicable to minimize gaps in the system to its environment. This research w...

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Autores principales:	Karmex Siadari, M.Syamsul Maarif, Bustanul Arifin, Zulkifli Rangkuti
Formato:	article
Lenguaje:	EN ID
Publicado:	Bogor Agricultural University 2021
Materias:	Agriculture (General) S1-972 Business HF5001-6182
Acceso en línea:	https://doaj.org/article/b495da1a31484837a640ce07f5dbe33d
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spelling	oai:doaj.org-article:b495da1a31484837a640ce07f5dbe33d2021-11-04T04:20:00ZThe Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System1693-58532407-252410.17358/jma.18.2.177https://doaj.org/article/b495da1a31484837a640ce07f5dbe33d2021-07-01T00:00:00Zhttps://jurnal.ipb.ac.id/index.php/jmagr/article/view/34487https://doaj.org/toc/1693-5853https://doaj.org/toc/2407-2524The implementation of warehouse receipt financing system for agriculture commodities has not been successfully developed in Indonesia, some constraints are hindering the system to grow. Flexibility strategy is conceptually applicable to minimize gaps in the system to its environment. This research was conducted to determine an adaptive warehouse receipt financing system using strategic flexibility. The research was carried out by ways in-depth interviews and focus group discussions with respondents with knowledge of or experience in warehouse receipt financing systems for commodities such as coffee, pepper, rice and maize. Analysis was done using Soft System Methodology (SSM) and Interpretive Structural Model (ISM) analysis to define conceptual models of flexibility strategy applied in warehouse receipt financing systems. The research findings, flexibility strategy is applicable in the warehouse receipt financing system: applying resource flexibility on input side to select the most efficient material to develop the product, applying resource and coordination flexibility in internal process to optimize internal processing, applying internal resources and coordinating flexibility on output distribution to expand the market and applying coordination flexibility to respond external condition. However, applying a flexibility strategy to respond externally was found to be the most suitable to adapt agriculture commodities financing on warehouse receipt system to its environment. Keywords: agricultural commodities, financing constraints, flexibility strategy, warehouse receipt systemKarmex SiadariM.Syamsul MaarifBustanul ArifinZulkifli RangkutiBogor Agricultural UniversityarticleAgriculture (General)S1-972BusinessHF5001-6182ENIDJurnal Manajemen & Agribisnis, Vol 18, Iss 2, Pp 177-177 (2021)
institution	DOAJ
collection	DOAJ
language	EN ID
topic	Agriculture (General) S1-972 Business HF5001-6182
spellingShingle	Agriculture (General) S1-972 Business HF5001-6182 Karmex Siadari M.Syamsul Maarif Bustanul Arifin Zulkifli Rangkuti The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System
description	The implementation of warehouse receipt financing system for agriculture commodities has not been successfully developed in Indonesia, some constraints are hindering the system to grow. Flexibility strategy is conceptually applicable to minimize gaps in the system to its environment. This research was conducted to determine an adaptive warehouse receipt financing system using strategic flexibility. The research was carried out by ways in-depth interviews and focus group discussions with respondents with knowledge of or experience in warehouse receipt financing systems for commodities such as coffee, pepper, rice and maize. Analysis was done using Soft System Methodology (SSM) and Interpretive Structural Model (ISM) analysis to define conceptual models of flexibility strategy applied in warehouse receipt financing systems. The research findings, flexibility strategy is applicable in the warehouse receipt financing system: applying resource flexibility on input side to select the most efficient material to develop the product, applying resource and coordination flexibility in internal process to optimize internal processing, applying internal resources and coordinating flexibility on output distribution to expand the market and applying coordination flexibility to respond external condition. However, applying a flexibility strategy to respond externally was found to be the most suitable to adapt agriculture commodities financing on warehouse receipt system to its environment. Keywords: agricultural commodities, financing constraints, flexibility strategy, warehouse receipt system
format	article
author	Karmex Siadari M.Syamsul Maarif Bustanul Arifin Zulkifli Rangkuti
author_facet	Karmex Siadari M.Syamsul Maarif Bustanul Arifin Zulkifli Rangkuti
author_sort	Karmex Siadari
title	The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System
title_short	The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System
title_full	The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System
title_fullStr	The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System
title_full_unstemmed	The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System
title_sort	implementation of flexibility strategy on agricultural commodity financing with warehouse receipt system
publisher	Bogor Agricultural University
publishDate	2021
url	https://doaj.org/article/b495da1a31484837a640ce07f5dbe33d
work_keys_str_mv	AT karmexsiadari theimplementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT msyamsulmaarif theimplementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT bustanularifin theimplementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT zulkiflirangkuti theimplementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT karmexsiadari implementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT msyamsulmaarif implementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT bustanularifin implementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem AT zulkiflirangkuti implementationofflexibilitystrategyonagriculturalcommodityfinancingwithwarehousereceiptsystem
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The Implementation of Flexibility Strategy on Agricultural Commodity Financing With Warehouse Receipt System

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