Perencanaan Keuangan pada Industri Minyak Kayu Putih dengan Memanfaatkan Internet of Things

Abstract

PT. Fear Densu Farm is a manufacturing company engaged in the eucalyptus oil industry in Indonesia, with a cutting-edge technology-based approach that utilizes the Internet of Things (IoT). This business planning project is designed to create a sustainable, efficient and innovative eucalyptus oil ecosystem through the integration of digital technology into every aspect of its operations to address the imbalance between demand and supply of eucalyptus oil in Indonesia. This business is rooted in Indonesia's great potential as a producer of essential oils, including eucalyptus oil. With a tropical climate and abundant natural resources, Indonesia has the capacity to become a global leader in this industry. However, various challenges still hinder the progress of this sector, such as low quality raw materials, lack of efficiency in the production process, and dependence on imports to meet domestic needs. Financial planning is needed to set realistic financial targets, allocate financial resources by prioritizing important projects and monitor financial performance regularly to ensure the sustainability of the company.