It's back - the World Bank released in late June its bi-annual Logistics Performance Index (LPI) rankings of 160 countries around the globe.
SCDigest editor Dan Gilmore used his First Thoughts column this week to summarize key highlights (See What Countries are Tops in Logistics?), and he referenced in that column the full list tanking all 160 countries, as shown below in our Supply Chain Graphic of the Week.
Full LPI Country Ratings for 2016, from Top to Bottom
Source: The World Bank
As Gilmore explained in his column, the six attributes that go into the LPI score are as follows:
• The efficiency of customs and border clearance ("Customs").
• The quality of trade and transport infrastructure ("infrastructure").
• The ease of arranging competitively priced shipments ("Ease of arranging shipments").
• The competence and quality of logistics services - trucking, forwarding, and customs brokerage ("Quality of logistics services").
• The ability to track and trace consignments ("Tracking and tracing")
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• The frequency with which shipments reach consignees within scheduled or expected delivery times ("Timeliness").
In the end, using some standard statistical methods, every country included in the Index is given a score between 1 and 160 for each attribute, with that score ultimately translated to a number between 0 and 5 (to two decimal places), which are then averaged to produce a final score.
The data comes from detailed surveys of hundreds of freight forwarders across the world.
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