5. Industrial Sector Development Strategy
The era of economic globalization accompanied by rapid development of technology, have very tight competition and rapid changes in the business environment. Products of manufacturing in the country is now so out of the factory directly compete with foreign products, businesses also have to accept the fact that the rapid development of technology has resulted in rapid obsolescence of production facilities, the short shelf-life products, as well as with shrinking profit margins. In carrying out the process of industrial development, the situation is a reality that must be faced and should be the determining consideration in any policy to be issued, as well as a new paradigm that must be faced by any country in implementing the industrialization process of the country.
On the basis of these ideas in Indonesia's industrial development policy should be able to answer the challenges of globalization of the world economy and able to anticipate the development of rapid environmental change. International competition is a new perspective for all countries, so that the focus of industrial development strategy for the future is to develop the competitiveness of the industrial sector which is sustainable in the domestic market.
To answer and anticipate problems, issues, and challenges, the Ministry of Industry has prepared a National Industrial Development Policy has been agreed by the related parties, where the approach to industrial development is done through the cluster concept in the context of building a sustainable industrial competitiveness. In accordance with the criteria set forth competitiveness for the medium term (2005-2009) has been a core industry cluster development including the development of related industries and supporting industries.
The development strategy of the industrial sector, is divided into two, namely: basic strategy and operational strategy.
a. Strategic Rationale
1. Strengthening linkages At all levels of the value chain (value chain) of the industry including the activities of supporting industries (supporting industries), industries related (related industries), industrial infrastructure providers, and other supporting services industry. These linkages are developed in an effort to establish industry networks (networking) and improve competitiveness that encourages innovation;
2. Increase the value Throughout the value chain by building core competencies;
3. Increasing the productivity, efficiency and types of resources used in the industry, and focuses on the use of renewable resources (green product);
4. Development of Small and Medium Industries through (a) backup scheme of operations and technical guidance and management as well as the provision of special facilities in order to grow expansively and reliably competitive field. (B) encouraging SMEs to large industrial synergies through a partnership (alliance), and (c) building a business environment that support SMEs.
b. Operational strategy
1. Business Environment Development comfortable and conducive
a) In cooperation with relevant agencies to develop infrastructure and physical facilities in areas of potential industrial prospects are grown, such as roads, bridges, ports, power grids, fuel, transport, warehousing, telecommunications, clean water.
b) Encourage the development of human resources industry, particularly in the areas of Production Engineering and Business Management.
c) Encouraging the development of business infrastructure services and facilities businesses supporting the industry, among other things Industrial Zone, Service R & D, Service Quality Testing, Engineering Services / design of the building and construction, Services Technical Inspection, Auditing, Consulting Services Industry, Service Maintenance & Repair, Security Service / Security services / Sewerage, calibration services, and so forth.
d) Develop effective incentive system policy, educative, selective, and attractive.
e) Improving the legal instrument for setting conducive industrial life, which meet the following criteria:
1) More guaranteeing business / legal certainty, including consistent law enforcement
2) The rules around trying to clear and not difficult
3) Reduce the smallest possible government intervention in the market
4) Respect freedom of venture industry
5) Clarity of rights and obligations of the industry
6) Ensuring and no disruption of public interest, including the interruption of safety, health, cultural values and environmental sustainability.
f) Sync policies related sectors, such as policies on investment and trade.
g) Apparatus Pembina clean, professional, and pro-business in developing and providing services facilitative to businesses, through administrative provisions that simple / easy, can prevent fraud and manipulation that cost the state and society, the impact load that does not burden the industry ( administrative compliance cost is minimal).
REFERENSI
PRASTIKA R PUTRI (25215373)
Studi Kasus dan Analisa
Sritex Reports 10% Growth in Profits in 2015
Jakarta. Sri Rejeki Isman, a leading Indonesian textile manufacturer better known as Sritex, booked more than 10 percent of profit growth last year on the back of higher sales, the company said in its financial report.
The listed garment manufacturer's net income rose 10.33 percent to $55.66 million in 2015, from $50.45 million a year earlier.
Sritex' sales grew 12.15 percent to $621.99 million last year while its net costs rose 13.04 percent to $488.58 million in the period.
Sritex was among other textile giants who saved money amid massive layoffs in 2015 due to weakening demand at home and abroad while costs were rising on the back of a declining rupiah.
The ratings company Standard & Poor's has said in a note that more favorable operating conditions this year — including moves to strengthen the rupiah against the US dollar — have yet to help stabilize credit quality for Sritex. The note cited "eroding liquidity, given high working capital and persisting capital spending" are the company's primary rationale for the negative outlook.
Standard & Poor's Ratings Services in November affirmed its BB- long-term corporate credit rating for Sritex
The ratings company Standard & Poor's has said in a note that more favorable operating conditions this year — including moves to strengthen the rupiah against the US dollar — have yet to help stabilize credit quality for Sritex. The note cited "eroding liquidity, given high working capital and persisting capital spending" are the company's primary rationale for the negative outlook.
Standard & Poor's Ratings Services in November affirmed its BB- long-term corporate credit rating for Sritex
Analysis:
Sri rejeki isman or Sritex is a leading Indonesian textile manufacture. The company get the profit of net income 10.33 percent to $55.66 million in 2015, from $50.45 million a year earlier. And Sritex' sales grew 12.15 percent to $621.99 million last year while its net costs rose 13.04 percent to $488.58 million in the period. Sritex saved money amid massive layoffs in 2015 due to weakening demand at home and abroad while costs were rising on the back of a declining rupiah.But The ratings company Standard & Poor's has said what is being done can’t help stabilize credit quality for Sritex.
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