5th North American International Conference on Industrial Engineering and Operations Management

Industry Process Practices and their Correlation with the Logistics Performance Index and Cost

DIEGO KARACHAS, Wilson A. Pinzón R. & José M. Díaz P.
Publisher: IEOM Society International
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Abstract

Purpose: To establish an analysis of information by comparing two groups of variables taken from the National Logistics Survey of Colombia 2018, to identify the correlation that practices in the logistics processes in the industry have with the results of the logistics performance and cost indexes.

Design/methodology/approach: A review of the literature on industry 4.0 drivers, technology and people was conducted (Arancegui & Laskurain, 2016). Information was taken and analyzed from the National Logistics Survey 2018 to 2738 productive units, characterization of logistics in different types of industry, two groups of variables were established to establish a statistical correlation.

Results: Evidence of high correlations in established variables, other low correlations, relevant information between practices in logistic processes, and indicators of logistic performance and its costs.

Limitations/implications of the research: There is a lack of historical information to strengthen the analysis and its evolution.

Originality/value: There are no methodologies with a statistical correlation that compare the valuations of practices in logistics processes with their logistics performance indicators and their costs. Relevant correlation figures were identified as an explanation of the practices that have greater significance with the logistics performance and cost indicators.

keywords: logistic processes, Logistics Performance Index PLI, correlation, simultaneity.

Published in: 5th North American International Conference on Industrial Engineering and Operations Management, Detroit, USA

Publisher: IEOM Society International
Date of Conference: August 9-11, 2020

ISBN: 978-0-9855497-8-7
ISSN/E-ISSN: 2169-8767