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Improving the Strategic Benchmarking of Intellectual Capital Management in Logistics Service Providers

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  • Ratapol Wudhikarn

    (Department of Knowledge and Innovation Management, College of Arts, Media and Technology, Chiang Mai University, Chiang Mai 50200, Thailand
    A Research Group of Modern Management and Information Technology, College of Arts, Media and Technology, Chiang Mai University, Chiang Mai 50200, Thailand)

  • Nopasit Chakpitak

    (International College of Digital Innovation, Chiang Mai University, Chiang Mai 50200, Thailand)

  • Gilles Neubert

    (Emlyon Business School, CNRS-UMR 5600 EVS, 42009 Saint-Étienne, France)

Abstract

This research developed a new integrated method for addressing the deficiencies and gaps generally found in past studies on benchmarking and for benchmarking intellectual capital (IC) in the underdeveloped domain of logistics. To resolve the lack of consideration of relationships among past benchmarking concepts and the impacts of their managerial factors, as well as to examine the wide range of elements and indicators of IC influencing the sustainable development of organizations, the proposed approach integrated the analytic network process and the concept of thinking and non-thinking assets with the generic benchmarking procedure. This new hybrid method was implemented in four commercial companies in courier service. The proposed method prioritized and identified the magnitudes of the factors focused upon, including the IC elements, and their performance measures by considering the fundamental characteristics of intangible assets. The obtained results highlight that management focuses on the IC of the best performer and other companies. This benchmarked outcome showed gaps and improvement as well as sustainable development opportunities for inferior logistics companies. The improved framework provides more systematic and specific benchmarking processes to consider, obtain, and compare the in-depth details of IC management. Moreover, ours is the first research on benchmarking that specifically focused on IC management in logistics service providers.

Suggested Citation

  • Ratapol Wudhikarn & Nopasit Chakpitak & Gilles Neubert, 2020. "Improving the Strategic Benchmarking of Intellectual Capital Management in Logistics Service Providers," Sustainability, MDPI, vol. 12(23), pages 1-25, December.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:23:p:10174-:d:457513
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    References listed on IDEAS

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    1. Nitin Kumar Sahu & Atul Kumar Sahu & Anoop Kumar Sahu, 2015. "Appraisement and benchmarking of third-party logistic service provider by exploration of risk-based approach," Cogent Business & Management, Taylor & Francis Journals, vol. 2(1), pages 1121637-112, December.
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