Proposals for improving the Logistics Performance Index

Abstract

The purpose of this study is to propose ways for improving the current Logistics Performance Index published by the World Bank. The Logistics Performance Index is based on a global survey of logistics experts, which can be biased towards a subjective view on different countries’ logistics systems, which leads to a potentially skewed rating. The authors propose a modified index that qualitatively and quantitatively represents an objective view of 159 countries’ logistics systems and subsystems, based on international statistical data, which can be used as a benchmarking tool for governments. Keywords: Logistics efficiency, Country-level logistics, Global logistics, Logistics Performance Index (LPI)