The Logistics Performance Index (LPI) is an interactive benchmarking tool created by the World Bank 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. Six key dimensions: efficiency of the clearance process (i.e., speed, simplicity and predictability of formalities) by border control agencies, including Customs; quality of trade and transport-related infrastructure (e.g., ports, railroads, roads, information technology); ease of arranging competitively priced shipments; competence and quality of logistics services (e.g., transport operators, customs brokers); ability to track and trace consignments; timeliness of shipments in reaching destination within the scheduled or expected delivery time. After the end, of the civil war in 2009, Sri Lank was ranked at 137th place, while it improved to 84th place. But the poor performance in logistics quality & competence, timeliness, Sri Lanka fell to 94th place in 2018. Neverthless country improved on the infrastructure dimention.
Weak performance of Logistics quality, competence and timeliness pull-down Sri Lanka on trade logistics Index - 2018
Global IndexesOct 18, 2019