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ENSharing Economy
Sharing is beautiful. Love grows as it is shared. Knowledge multiplies as it is shared.
Goods and services, like love and knowledge, can grow, multiply and even bring happiness when shared.
Shared Use of Assets and Resources
The sharing economy is a business model based on the shared use of assets and resources, and this business model enables those who share them to earn income while bringing assets and resources that remain idle (will remain idle) or unusable (cannot be used) for a certain period of time into the economy.
With this business model, any person or organization can make all or part of its assets available for a fee to those who need them for a certain period of time when they are not using them themselves.
The main feature that distinguishes the sharing economy from traditional business models is that it offers the opportunity to access and use assets and resources for a certain period of time without owning them through purchase or investment.
The sharing economy business model is rapidly evolving and becoming widespread as assets and resources become scarce, owning them is costly and even risky, and environmental concerns increase.
The Sharing Economy, which has limited examples such as university students sharing a house, or flea markets where unused goods are sold and exchanged, or two neighbors using their cars alternately for commuting to and from work, or timeshare holidays, mostly between individuals such as family, neighbors and friends who know each other, and mainly for the purpose of cooperation or cost sharing, has diversified with the development of technology, thanks to the internet, smartphones, cloud and digital sharing platforms, and includes a large number of goods and services, and is also carried out between individuals and even institutions that do not know each other in order to generate additional income.
Internet, Smartphones and Digital Platforms with the Development of Technology
Written by Botsman and Rogers in 2010, “What’s Mine Is Yours. The Rise Of Collaborative Consumption”, written by Botsman and Rogers in 2010, summarizes the Sharing Economy well with the title “What’s Mine Is Yours” and explains that it will transform into another form with technological development. Indeed, the Sharing Economy business model has become widespread rapidly thanks to the development of technology, the internet, smartphones, cloud and digital sharing platforms.
Affected by the 2008 global economic crisis, the need for individuals, especially in the US, to generate additional income or share the cost of their underutilized and idle assets, coupled with rising unemployment, led to the creation of digital platforms that enable third parties to access them.
Today, digital sharing platforms that facilitate access to goods and services thanks to the widespread use of the internet and especially the development of smartphones have made the Sharing Economy much more usable and preferable. For example, Uber and AirBnb can be shown as the most successful and even referenced examples of the sharing economy business model. You can earn money by renting out an unused room in your house through Airbnb or using your non-commercial passenger car as a taxi through Uber.
It is possible to share not only goods or services but also information through digital platforms such as Wikipedia or Ekşi Sözlük.
“Win-Win” with Sharing Economy
The sharing economy business model provides a “win-win” environment for everyone. For example, by making an unused room in your home or your house, which will be empty while you are on vacation, available for a third party to use (rent) for a week, you can earn additional income and the person using it can stay for less than the price they would pay for a hotel. Thus, an unused room creates mutual benefit and value for both parties.
With the Sharing Economy, one party can gain additional income benefits and cost benefits by utilizing idle or unused assets and resources, while the party that needs something for a certain period of time can gain cost benefits and flexibility benefits without the need to own it.
Sharing Economy and the Utilization of Assets and Resources
The sharing economy business model enables assets and resources that are idle or unavailable for a certain period of time to be used by the people or organizations that need them, when they need them, for as long as they need them. Thus, individuals or organizations can access things that may only be needed for a certain period of time when they need them, meet their needs by using them without the need to own them, and then give them back.
Flexibility with the Sharing Economy
The Sharing Economy provides not only the utilization of idle or unused assets and resources, but also flexibility. Flexibility is the ability to change and adapt to change in a short time with little cost and effort. With the Sharing Economy, a person or organization that needs anything for a certain period of time anywhere at any time can use it for a short period of time by renting it from the person or organization that owns it without buying or investing in it.
On Demand Storage
The simplest description of on-demand storage might be “Airbnb” style storage. Airbnb is a technology application that matches those who want to stay in a city for a short period of time with those who want to rent part or all of their home for a short period of time.
On Demand warehousing is the ability to access and use storage areas and storage services at the required location, at the required time, for the required period (date range), in the required size and with the required features, with the principle of “pay as you use” without entering into long-term commitments. In other words, on demand warehousing ensures that the most suitable storage space is available for the goods at any place at any time and that payment is made for this storage space as much as the time and space (size) used without the need for long-term contracts.
Those who need short-term storage space for their products can use idle or unusable empty spaces in third-party storage areas for a short period of time without the need for long-term contracts thanks to on demand storage. These third-party storage areas can be storage areas belonging to logistics companies or Gray Storage areas.
With on demand storage, which creates a win-win environment for both parties, both storage space owners can earn additional income and reduce costs by utilizing the smallest free space, and those who need storage can find short-term storage space for the smallest amount of products.
Sharing Economy with DepOrtak
Today, both physical challenges (lack of storage space) and cost concerns and changing customer demands (short delivery times) necessitate a sharing economy for storage space and the gray storage that will enable it.
The on demand storage solution offered by DepOrtak and the “Gray Storage” concept developed by DepOrtak create a complete sharing economy environment. The digital storage network to be established by DepOrtak will support the formation of the physical internet, enabling the efficient, effective and efficient use of existing storage spaces and the functioning of the sharing economy.
When warehouses reach 85-90% occupancy, they are actually hidden “full”. However, if demands can be managed in real-time and location-based, hundreds of thousands and even millions of m2 of storage space can be created from these empty spaces in a short time with Gray Storage. Thus, complaints such as “I am looking for a warehouse but there is no warehouse, we cannot find a warehouse” can be completely eliminated.
The on demand storage solution offered by DepOrtak with the technology infrastructure and algorithms developed by DepOrtak enables the utilization of vacant spaces by matching the spaces in the storage areas of logistics companies and Gray Storage areas that will remain idle (will remain idle) or unusable for a certain period of time and those who need storage space for their products (goods); to find storage space in the required time, duration, location, size and characteristics and to make the supply chain flexible. With the joint use of storage areas, those who need storage space can gain flexibility and use storage areas at any time, at any location, at any time, for any quantity, in any time, at low cost.
DepOrtak’s digital storage network will support the creation of the physical internet, enabling the efficient, effective, efficient use of existing storage spaces and the functioning of the sharing economy, contributing to the realization of the goals envisaged for the Green Deal and supporting environmental protection, ecological sustainability and the fight against global warming.
This article was written by Oruc Kaya .
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