LPI AND PAKISTAN. An Overview By Mr. Farhan Ahmed. What is LPI.
LPI AND PAKISTAN
Mr. Farhan Ahmed
Maintained by World bank, The Logistics Performance Index is based on a worldwide survey of operators on the ground (global freight forwarders and express carriers), providing feedback on the logistics “friendliness” of the countries in which they operate and those with which they trade.
Logistics Performance Index (LPI) is the weighted average of the country scores on the six key dimensions:
1; Efficiency of the clearance process (i.e. speed, simplicity and predictability of formalities) by border control agencies, including Customs
2; Quality of trade and transport related infrastructure (e.g. ports, railroads, roads, information technology);
3; Ease of arranging competitively priced shipments
4; Competence and quality of logistics services (e.g., transport operators,
5; Ability to track and trace consignments;
6; Timeliness of shipments in reaching destination within the scheduled or expected delivery time.
PAKISTAN is standing at 110 position
in World LPI Ranking
Source: LPI Index 2010
Emphasis is required to improve the overall logistics areas i.e. the customs clearance lead time, infrastructure development specially in road freight transport and warehousing, Latest IT inclusion in improving the tracking and tracing of shipments.
Further to this, Industry co-ordination with Academia and Government is most important in order to shape up the future Logistics Industry in Pakistan , ultimately enhancing our image in Global logistics community.