WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 22, 2025
Longitudinal Features Extraction in International Logistics Performance Index
Authors: ,
Abstract: The importance of the logistics performance of companies, regions and countries to support
decision-making is universally recognised, covering the rationalisation of supply chains, the optimisation of
inventory management and promoting global collaboration. Efficient logistics integration with innovative
technologies is crucial for the prompt delivery of materials and components, increasing the speed and effectiveness
of innovation processes and, consequently, the performance of organisations.
The Logistics Performance Index (LPI) is an index created to assesses global logistical performance by measuring
factors such as the quality of commercial and transport infrastructure, the ease of customs procedures and the
efficiency of customs clearance, among other aspects that influence the transnational flow of goods.
This study examines the robust correlation structure between LPI indicators over several years. Our results
confirm the LPI as a longitudinal latent variable, characterised by its indicators, demonstrating excellent internal
consistency. This consistency underline the reliability of the LPI for measure global logistics performance of
countries. Thus LPI can be recognised as a valuable measure of countries international logistics efficiency, and
can be used in practice as a tool for business and politics, guiding strategic decision-making and improving the
cost-benefit ratio and competitiveness of organisations.
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Keywords: Logistics Performance, LPI, Logistics Decision-Making, Feature Aggregation, Principal
Components Analysis, Longitudinal
Pages: 426-439
DOI: 10.37394/23207.2025.22.40