[photopress:logistics_China_leads.jpg,full,alignright]This is a corrected version of the original story.
The World Bank had prepared a Logistics Perception Index (LPI) which is the simple average of the country scores on seven key dimensions:
Efficiency and effectiveness of the clearance process by Customs and other border control agencies;
Quality of transport and IT infrastructure for logistics;
Ease and affordability of arranging shipments;
Competence in the local logistics industry (e.g., transport operators, customs brokers);
Ability to track and trace shipments;
Domestic logistics costs (e.g., local transportation, terminal handling, warehousing); and
Timeliness of shipments in reaching destination.
On a world ranking scale on logistics China comes in at thirty.
The leader is Singapore, followed by the Netherlands, Germany, Sweden, Austria, Japan. China is, sadly, some way down the list at number 30. Reading the figures the area which pulls China down is ‘customs’ and ‘tracking and tracing’ although there is plainly much to be done right across the board to get up to the dizzy heights of Singapore which is currently the leader of the pack.
Our thanks to Rory Mitchell of Speedflex Medianet Limited for pointing out the error of our ways.
You can play with the figures by the hour by clicking on source. Fascinating stuff.
Source: World Bank
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