Events

The Best Time for the Shared Economy within Supply Chain

The Best Time for the Shared Economy within Supply Chain

SUMMARY: For most people, the shared economy is best illustrated by the Uber and AirBnB concept of crowdsourcing and convenience services based on digital platforms. In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic. Logistics providers are driving the shared economy within the supply chain, offering shared services to customers such as higher filling rates of transport vehicles, better utilisation of warehousing space, reduced logistics costs, and/or a lower carbon footprint. The World Economic Forum estimates that by 2025, 15 percent of trucking will be via shared transport platforms and shared warehousing will comprise 20 percent of the market. In whatever form it takes, the shared economy will to a large extent shape the way we do business in future. For most people, the shared economy (also known as the gig economy) is best illustrated by the Uber and AirBnB concept of crowdsourcing and convenience services based on digital platforms. The technologies and business models supporting these platforms are also being applied to logistics and supply chain management, especially across activities such as warehousing, transportation, and shipping—with astonishing success. Why Businesses, Large and Small, Think it’s Fair to Share Logistics providers, both 3PL and 4PL, are driving the shared economy within the supply chain, offering shared services to customers such as higher filling rates of transport vehicles, better utilisation of warehouse space, reduced logistics costs, and/or a lower carbon footprint. The World Economic Forum estimates that by 2025, 15 percent of trucking will be via shared transport platforms, and shared warehousing will comprise 20 percent of the market. To get a better understanding of how the shared economy works within the supply chain, let’s take a look at some examples: Example #1: Amazon Flex With the growing trend towards online shopping,  e-commerce giant Amazon in 2015 turned to independent contractors—basically anyone with a car—to deliver parcels to homes and businesses. The service, known as Amazon Flex, takes care of a portion of the company’s last-mile deliveries which, with some five billion items delivered each year, is beyond the capabilities of standard delivery companies. Since its launch in the United States, the Amazon Flex system has spread into many parts of the world, including Canada, the United Kingdom, Europe, Asia, Australia, and South America....

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Why do we provide FREE Supply Chain Seminars?

Why do we provide FREE Supply Chain Seminars?

Why does Logistics Bureau provide free supply chain seminars every year? Rob O’Byrne will tell you.   Get Event Invitations Here: If you don’t already receive invitations to our Free Supply Chain Seminars, register here: www.logisticsbureau.com/events/...

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A great Day at Supply Chain Leaders Insights

This made all the hard work worth it! Are you coming next time ? Supply Chain Leaders Insights.

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Supply Chain Secrets Seminars

Supply Chain Secrets Seminars

Thank you to all our guests over the last 2 weeks, who came along to our Free Supply Chain Seminars. As always we really enjoyed meeting old friends and new as well as sharing some tips that will help you improve your Supply Chain Performance. Here’s a brief summary of what we were sharing:     And here are some handy links: To receive future event invitations, you can register here: Free Supply Chain and Logistics Seminars To read about the ‘probability of a perfect order’, go here: Supply Chain Levers For a free Supply Chain Strategy Guide, check this link: Supply Chain Strategy Guide   Best Regards Rob O’Byrne Email or +61 417 417...

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Beer Game Success at Supply Chain School

Beer Game Success at Supply Chain School

We had such a great time at Supply Chain School last week. On Day 1 we played the Beer Game.     What a great way to grasp some of the essentials of Supply Chain Management. You can check out recent Supply Chain School programs and future dates here: Supply Chain School   Best Regards     Rob O’Byrne Email or +61 417 417...

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Supply Chain Seminars go On Tour

Supply Chain Seminars go On Tour

Logistics Bureau has been providing free Supply Chain and Logistics seminars to the industry since 2003. Over that time thousands of executives have enjoyed the information sharing and networking they provide.     Our seminar series have traditionally rotated around locations such as Perth, Sydney, Melbourne, Bangkok and Ho Chi Minh City.  But last month, we hit some new locations in Australia, such as Brisbane, North Ryde, Newcastle, Wollongong and Canberra.  Thanks to all who gave up their time to come along and for the great feedback.  It’s always appreciated. Our next events in Australia will include a return to Victoria and maybe South Australia.  So if you are not yet on our invitation list, you can fix that right now. Just register on this link, and we’ll make sure you receive future invitations: Free Supply Chain and Logistics Seminars We look forward to seeing you at one of our events very soon…   Best Regards     Rob O’Byrne Email or +61 417 417...

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