Volume 11, Issue 3 (March 2024), Pages: 226-237
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Original Research Paper
Enhancing handicraft exports in West Java: A business intelligence approach to market expansion
Author(s):
Fansuri Munawar 1, Ghifari Munawar 2, *, Didi Tarmidi 1
Affiliation(s):
1Faculty of Economics and Business, Universitas Widyatama, Bandung, Indonesia
2Department of Computer Engineering and Informatics, Politeknik Negeri Bandung, Bandung, Indonesia
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0000-0001-5277-1411
Digital Object Identifier (DOI)
https://doi.org/10.21833/ijaas.2024.03.022
Abstract
The creative industries in West Java have significantly boosted the region's economy, contributing to higher GDP, more jobs, and increased exports. However, the handicraft sector seeks to grow its presence in the international market, where it currently holds a minor share. To address the challenges of expanding, such as limited information, marketing obstacles, and regulatory hurdles, the handicraft industry is encouraged to adopt a business intelligence (BI) platform. This study aims to use a BI platform to present and analyze export data for West Java's craft industry, examining its distribution, trends, and future prospects to help increase exports from this Indonesian province. The analysis employs clustering with k-means, time series analysis, and forecasting methods, including exponential smoothing and the compound annual growth rate (CAGR), using export data from 2018 to 2022. The process involves collecting primary and secondary data, transforming it through ETL (Extract, Transform, Load) technology, and integrating it into the BI platform for analysis. This analysis aims to identify export patterns, trends, and make forecasts that can guide decision-making. The findings indicate that handicraft exports are categorized into three destination country clusters, each favoring different product types, revealing trends and growth opportunities for various handicraft items. Additionally, the study provides forecasts for handicraft exports, offering valuable insights for strategic planning.
© 2024 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords
Business intelligence platform, Handicraft export trends, West Java economy, Data analysis methods, Export strategy development
Article history
Received 17 October 2023, Received in revised form 9 March 2024, Accepted 10 March 2024
Acknowledgment
The authors would like to thank the Ministry of Education, Culture, Research and Technology Directorate of Research, Technology and Community Service, Directorate General of Higher Education, Research and Technology of the Republic of Indonesia for funding this research through the Research Contract Project Number: 074/E5/PG.02.00.PL/2023, 18 April 2023.
Compliance with ethical standards
Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Citation:
Munawar F, Munawar G, and Tarmidi D (2024). Enhancing handicraft exports in West Java: A business intelligence approach to market expansion. International Journal of Advanced and Applied Sciences, 11(3): 226-237
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Figures
Fig. 1 Fig. 2 Fig. 3 Fig. 4 Fig. 5 Fig. 6 Fig. 7 Fig. 8 Fig. 9
Tables
Table 1 Table 2 Table 3
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