A Strategic Model for Reducing Days-On-Hand (DOH) Through Logistics and Procurement Synchronization

• Author(s): John Oluwaseun Olajide ; Bisayo Oluwatosin Otokiti ; Sharon Nwani ; Adebanji Samuel Ogunmokun ; Bolaji Iyanu Adekunle; Joyce Efekpogua Fiemotongha
• Paper ID: 1709015
• Page: 237-243
• Published Date: 31-07-2020
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 4 Issue 1 July-2020

Abstract

This paper proposes a strategic model aimed at reducing Days-on-Hand (DOH) by synchronizing procurement and logistics functions within supply chains. High DOH often leads to increased holding costs, reduced cash flow, and diminished operational efficiency. Drawing on a mixed methods research design, the study integrates qualitative insights from industry practitioners and quantitative analysis of supply chain performance data to develop and validate the model. The framework consists of three core components—procurement timing, logistics scheduling, and dynamic inventory policies—enabled through real-time information sharing and collaborative planning mechanisms. Implementation guidelines are provided to facilitate adoption across diverse industries. The model’s synchronization mechanisms enhance cross-functional coordination, optimize inventory turnover, and reduce excess stock. Practical implications highlight improved operational efficiency, cost savings, and supply chain resilience. Finally, the study outlines future research directions to refine the model with advanced technologies and sector-specific adaptations, supporting ongoing efforts to optimize inventory management and supply chain responsiveness.

Keywords

Days-on-Hand, Inventory Management, Procurement Logistics Synchronization, Supply Chain Optimization, Inventory Policies, Operational Efficiency

Citations

IRE Journals:
John Oluwaseun Olajide , Bisayo Oluwatosin Otokiti , Sharon Nwani , Adebanji Samuel Ogunmokun , Bolaji Iyanu Adekunle; Joyce Efekpogua Fiemotongha "A Strategic Model for Reducing Days-On-Hand (DOH) Through Logistics and Procurement Synchronization" Iconic Research And Engineering Journals Volume 4 Issue 1 2020 Page 237-243

IEEE:
John Oluwaseun Olajide , Bisayo Oluwatosin Otokiti , Sharon Nwani , Adebanji Samuel Ogunmokun , Bolaji Iyanu Adekunle; Joyce Efekpogua Fiemotongha "A Strategic Model for Reducing Days-On-Hand (DOH) Through Logistics and Procurement Synchronization" Iconic Research And Engineering Journals, 4(1)