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World Bank's Logistics Performance Index (LPI)



  Sep 18, 2023

World Bank and its Logistics Performance Index (LPI)


Logistics Performance Index (LPI):

Definition: The LPI is an international benchmarking tool by the World Bank to assess and rank the logistics performance of countries.
 
Purpose: Evaluates a country's efficiency in moving goods and connecting suppliers and consumers.
 
Publication: The World Bank periodically releases the LPI report to provide insights into the global logistics landscape.
 

Parameters for Ranking (6):

Customs: Efficiency and transparency in customs clearance processes.
 
Infrastructure: Quality and adequacy of transport infrastructure.
 
Internal Shipment: Ease of arranging shipments and quality of domestic logistics services.
 
Logistics Competence: Skills and quality of logistics services.
 
Tracking and Tracing: Availability and reliability of tracking services.
 
Timeliness: Punctuality of shipments and delivery times.
 

India's Rank (2023):



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