Browsing by Author "Tesfaye, Binyam"

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    A Comparative Analysis of Pre and Post Privatization Performances of State Owned Enterprises (SOEs): the Case of Chemical Industry
    (Addis Ababa University, 2015-11) Tesfaye, Binyam; Berhanu, Elias (PhD)
    This paper is intended to examine the pre and post privatization performance of privatized SOEs in the Chemical Industry of Ethiopia. The main concern is to see the financial and operational performances of the case enterprises. The study is based on literature review and used secondary data predominantly. Moreover, some primary data sources were used. Four case firms namely: Alkyd Resin S.C, Addis Ababa Foam and Plastic, Nefas Silk Paint and Addis Ababa Bottle and Glass Factories were taken as point of the study. Primary data were gathered from the respective firms through interview and Annual Audited Financial Reports were reviewed as secondary data source. The study summarizes the privatization performance of the case enterprises in terms of profitability and efficiency measures. The empirical evidence on the financial and operating performances of the privatized enterprises shows a mixed result. The result suggests that the profitability indicators ROS and ROA on average showed a better performance while ROE on average showed a decline. The efficiency measures both sales and income efficiency showed a better performance in all the case firms and the industry [case firms taken as industry] as a whole. While the efficiency measures in terms of the total and fixed asset turnover exhibited a declined performance. The performance indicators as measured by changes in output, change in employment has on average showed a positive increment. The leverage, as expected as in the literature, resulted in a decline at industry level. The current ratio has also improved after privatization. Moreover, the results indicated an increase in production per employee. The findings of this research showed a mixed impact of privatization over firms’ performance
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    Effect of Strategic Sourcing on Organizational Performance: The case of MOHA Soft Drinks Industry S.C.
    (Addis Ababa University, 2019-06) Tesfaye, Binyam; Assefa, Teklegiorgis(Associate professor)
    The purpose of this study is to examine effect of strategic sourcing on organizational performance, identify the gap, and to recommend improvement areas in the case of MOHA Soft Drinks Industry SC. In this study strategic sourcing is evaluated by supplier development, long term supplier relationship, effective procurement plan, and communication. Both descriptive and explanatory research design is employed. Primary data was collected from employees of MOHA Soft Drinks Industry SC. through structured questionnaires. Out of a total of 102 questionnaires distributed, only 87 (85.2%) complete responses were returned. Data were analyzed through descriptive statistical and inferential analysis methods. Employees of MOHA Soft Drinks Industry SC have agreed with supplier development, long term supplier relationship, effective procurement plan, and communication aspects of Strategic Sourcing practices of the company. From moderate to strong positive and significant correlation/relationship is observed between strategic sourcing and organizational performance. The multiple regression analysis results indicated that, unlike long term supplier relationship, the three strategic sourcing dimensions (supplier development, effective procurement plan, and communication) have positive and significant effect on organizational performance. Furthermore, 67.8% change in organizational performance is explained by those significant strategic sourcing dimensions. Finally, the study recommended MOHA Soft Drinks Industry SC has to reassess its long term supplier relationship and is suggested to improve its relationship with suppliers from simply buy-sale relationship to a modern supply chain relationship through establishing strategic or long term supplier relationship and continuous information sharing in order to minimize supply uncertainty which resulted in demand and supply mismatch