Logistics Performance Index

The Logistics Performance Index is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.  The LPI 2016 allows for comparisons across 160 countries. The LPI is based on a worldwide survey of operators on the ground (global freight forwarders and express carriers), providing feedback on the logistics “friendliness” of the countries in which they operate and those with which they trade. They combine in-depth knowledge of the countries in which they operate with informed qualitative assessments of other countries where they trade and experience of global logistics environment. Feedback from operators is supplemented with quantitative data on the performance of key components of the logistics chain in the country of work.
The LPI consists therefore of both qualitative and quantitative measures and helps build profiles of logistics friendliness for these countries. It measures performance along the logistics supply chain within a country and offers two different perspectives: international and domestic.
International LPI
provides qualitative evaluations of a country in six areas by its trading partners—logistics professionals working outside the country.

Domestic LPI
provides both qualitative and quantitative assessments of a country by logistics professionals working inside it. It includes detailed information on the logistics environment, core logistics processes, institutions, and performance time and cost data.

Singapore ranked no 1 in LPI in 2007 followed by Netherlands and Germany.

USA was ranked 14th while China was at 30th  and India 39th

In 2016 Germany is ranked no 1 followed by Luxemburg , Sweden , Netherlands and then Singapore

USA is ranked 10th and China 27th and India 33rd







Components of LPI




Comments

Popular posts from this blog

The 10 Worst Corporate Accounting Scandals of All Time

THE TOP TEN SPORTS PLAYED ALL OVER THE WORLD AND THE ECONOMICS OF FIFA WORLD CUP

Financial Performance of UPS, DHL & FedEx over 2012 to 2016