Browsing by Author "Okodi, Derick"

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Cost to serve: The Interrelationships between costs in the Supply Chain of companies within the hard metal rock drilling and metal cutting tools industry
(2022-08-04) Okodi, Derick; Riesser, Måns; University of Gothenburg/Graduate School; Göteborgs universitet/Graduate School
The globalised market has introduced consumers to a variety of affordable products with a wide range of desired attributes from competitors who are strategically located in areas with affordable labour, expertise, and raw materials. This has encouraged firms to circumvent competition through outsourcing. However, outsourcing is not a panacea to solving organisational cost challenges because for organisations to succeed from the practice of outsourcing, they should adjust their operations according to the operation of the suppliers. Furthermore, the interaction with the suppliers exposes the manufacturers to supplier selection, contact, contracting, monitoring, and evaluation costs. These costs are enormous challenges if combined with the internal organisation costs. To address this dilemma, our study delved into the study of the interrelationship between costs to serve in the hard metal rock drilling and metal cutting tools industry and how the supplier-manufacturer cost collaboration aid to serve customers cost-effectively. By using the Decision-making trial and evaluation laboratory method (DEMATEL) to examine the relationship between costs to serve, our finding indicates that the supplier management cost had great interrelationships with other costs for companies in the hard metal rock drilling and metal cutting tools industry. Other costs that presented great interrelationships during the study included stock holding inventory costs. Ordering costs however presented the least interrelationship with other costs. We were exposed to a variety of costs that exceeded the domestic organisational boundaries including the supplier cost realm, creating an urgency for effective cost integration if the manufacturers are to serve their customers effectively. Findings also indicated the importance of a close relationship between the supplier and the manufacturer for product development through sharing of cost information in circumstances that do not compromise organisational proprietary information.
How financial regulation promotes financial inclusion in less developed countries
(2021-06-24) Okodi, Derick; University of Gothenburg/Graduate School; Göteborgs universitet/Graduate School
Aim: This thesis aims to examine how bank regulation reduces financial exclusion in Uganda. Methodology: A qualitative content analysis method was used to examine the Annual supervisory Reports of the Bank of Uganda and Journals about Microfinance institutions in Uganda to examine how banks regulation reduces financial exclusion. After grouping financial regulatory instruments like the minimum capital requirement, consumer protection, deposit protection, anti-money laundering, and regulations about microfinance institutions in Uganda, content analysis was used to determine how such regulations reduce financial exclusion in Uganda. Findings and conclusion: Bank regulation in the form of minimum capital requirement may limit the barrier to entry for commercial banks, reducing the supply of banks that can provide financial services. This challenge was addressed by enacting the Tier Iv Financial Regulation (2016) that allows the survival of microfinance institution in rural areas by instructing them to pay licences instead of minimum capital contribution. Deposit insurance schemes played an essential role in ensuring confidence in financial institutions but may not increase financial inclusion in the non-deposit taking microfinance institutions. Consumer protection regulation made mobile money services safer to be used in both urban and rural areas of the country. Mobile money services ensured that people could access financial services through their mobile phones. Furthermore, agency banking regulation ensured that both microfinance and commercial banks accessed their customers in the less accessible area of Uganda. Contribution: This study highlights the importance of bank regulation in causing financial inclusion in less developed countries. Furthermore, it helps in highlighting the importance of aligning financial regulation in both microfinance institutions and commercial banks with the objectives of each country to avoid stringent regulation that may cause financial exclusion.