Here, logistics is understood as a network of services that support the physical movement of goods, trade across borders and commerce within borders; it comprises an array of activities beyond transportation, including warehousing, brokerage, express delivery, terminal operations, and related data and information management.
Not surprisingly, an effective logistics sector has become recognized as one of the core enablers of development almost everywhere. These policies include e.g. the provision of transport infrastructure, regulations of services, implementation of controls especially for international goods, and the quality of public-private partnerships and policy dialogue.
Logistics performance is largely based on reliable supply chains and predictable service delivery available to traders. Global supply chains are becoming more and more complex, and the regulatory requirements on traders and operators become ever more demanding, be they motivated by safety, social, environmental, or other reasons. Efficient management and information technology solutions both in the private and public sectors are vital “tools of the trade” in high-quality logistics. The ability to manage logistics processes in today’s global business environment is a critical asset of national competitiveness.
Go to the LPI 2018 report and interactive website here.