Can We Operate in a Shared Economy: Insights from Global Logistics Sector

Abstract

The current global environment requires to continue improvement for innovative methods and practices of the business process management to be sustainable performance including three-pillars (economic, social and environment) [1]. The term sharing generally defined as non- ownership and less tangible assets [2]. This paper presents the interconnection of “Sharing Economy” & “Sharing Logistics”. The paper aims to address the understanding of success factors towards sharing economy and development in global logistics and supply chain management. Its achievement is based on a two-research methodology design that consists of the secondary sources review and case studies analysis. The study identifies that share economy logistics has opportunities and benefits from rising costs of warehousing, transportation, and last-mile delivery to create customer value. Such as the omnichannel (customer focus) to increase customer expectation and improve customer experience. Beside generate value to the customer it has driven supply chain sustainability with blockchain as well.

Keyword: Shared Economy, Shared Logistics, Supply Chain Management, Procurement and Transportation