How do you measure and improve the logistics performance index of your country or region?
Logistics performance index (LPI) is a tool that measures how efficiently and effectively a country or region can move goods across borders and within its territory. It is based on six dimensions: customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness. The LPI can help you identify the strengths and weaknesses of your logistics system, benchmark your performance against other countries or regions, and design strategies to improve your competitiveness and resilience. In this article, you will learn how to measure and improve the LPI of your country or region.
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Optimize customs procedures:Simplifying and harmonizing customs can drastically cut down border clearance times. Implementing standardized procedures ensures smoother transitions for goods, enhancing overall logistics efficiency.### *Invest in infrastructure:Forward-looking investments in transport and technology boost connectivity and reliability. For example, improving roads and adopting advanced tracking tools can significantly streamline your logistics network.