logo

Efficiency and Implementation of Uber Model in Various Industries

Analyzing how Uber provides added efficiency and its potential application in the trucking industry and other sectors.

11 Pages2592 Words492 Views
   

Added on  2023-06-15

About This Document

This essay discusses the efficiency and implementation of Uber model in various industries such as trucking, healthcare, laundry, grocery, and more. It also highlights the factors contributing to the success of Uber's present services and the potential of its new model in the trucking industry.

Efficiency and Implementation of Uber Model in Various Industries

Analyzing how Uber provides added efficiency and its potential application in the trucking industry and other sectors.

   Added on 2023-06-15

ShareRelated Documents
Running head: OPERATIONS MANAGEMENT
Operations Management
Name of Student:
Name of University:
Author’s Note:
Efficiency and Implementation of Uber Model in Various Industries_1
1
OPERATIONS MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
Discussion........................................................................................................................................3
Conclusion.......................................................................................................................................8
References........................................................................................................................................9
Efficiency and Implementation of Uber Model in Various Industries_2
2
OPERATIONS MANAGEMENT
Introduction
Uber Technologies Inc. is recognised as a leading transportation technology company
headquartered in San Francisco, California, United States. The company has been discerned to be
operating across 633 cities globally. The main form of the development activities conducted by
the company has been further seen to be identified with operating Uber Car transportation along
with mobile app for food delivery. Uber has been discerned to be driving its own cars, although
drivers are free to rent a car for driving with Uber. Uber along with similar companies has been
able to challenge the existing business of taxi. The business model of the company has been
further discerned to rely on app to arrange rides between riders and cars. The technology
implemented by Uber is also able to provide history of rides, automatic billing cycles and along
with history of routes (Chokkattu and Crook 2014).
The main discussions of the essay have aimed to discuss on the various types of the
topics such as the how the company is providing the added efficiency. It has been further able to
critically discuss the implementation of the Uber model in the trucking industry. Some of the
other depictions of the study has been able to identify other industries in which the Uber model
might be useful.
Efficiency and Implementation of Uber Model in Various Industries_3
3
OPERATIONS MANAGEMENT
Discussion
The ride sharing service such as Uber has been depicted to be vastly dependent on
efficient technology matching which was available for the people who wish to drive with them
and available at the time when taxi radio dispatch systems were introduced in 1940s. A common
measure of efficiency highlights the time drivers spent on searching for somebody who is
looking for a ride and pick them up (Rempel 2014).
The examining of the capacity utilization has been measured either by fraction of time
drivers have a fare paying passenger in the car and by the total fraction of the miles where the
drivers log into system in which passengers are in the car. As per the statements given by several
economists it has been discerned that the increased efficiency in terms of the capacity utilization
is due to the fact taxi data pertain to the period Uber has been able to make significant inroads in
the market which likely to raise the capacity utilization rate for the taxis in compare to the
drivers of Uber. Despite of the different caveats, as per the statement given by economist the
Uber model may be considered as a more efficient driver passenger matching technology. The
company has been further supporting faster matches. Uber’s flexible labour supply model along
surge pricing system which is closely matched with the demand. The various types of the
differences in the utilization has been discerned with implications for the resources other than the
passengers and drivers (Nistal 2016).
Another added benefit of the company has been further discerned with added flexibility
of the drivers. Uber drivers are free to work when they want and also able to earn extra incentive
in cases the rides are particularly needed during peak demand. The overall efficiency with the
Efficiency and Implementation of Uber Model in Various Industries_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
(PDF) The Evolution of Urban Transport
|9
|2754
|38

Ingogo Company: Background, Industry, Customer, Competitor, SWOT Analysis
|11
|1059
|113

Case Study on Uber Assignment
|11
|1771
|20

Report on Socio-economic and Legal Environment
|19
|6198
|17

IT Portfolio and RBV Theory | Individual Report
|13
|2993
|26

Uber's Business Model and Ethical Concerns
|7
|1156
|438