Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods

The aim of this study is to examine the Logistics Performance Index (LPI) of the Organization of the Petroleum Exporting Countries(OPEC) using the ENTROPY, CRITIC, and LOPCOW-based EDAS method. Data were obtained from the "2018 report of LPI" issued by the World Bank (WB). To evaluate the logistics performance of the selected countries, six key dimensions—customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness—were utilized. The weight of the criteria was calculated using three different weighting methods: ENTROPY, CRITIC, and LOPCOW. Subsequently, the countries were ranked using the EDAS method. The results from ENTROPY, CRITIC, and LOPCOW indicated that the most significant criteria were infrastructure, international shipments, and timeliness, respectively. The outcomes of the EDAS method revealed that the United Arab Emirates (UAE) and Angola exhibited the highest and lowest logistics performance, respectively. Additionally, the robustness and validity of the results were confirmed through comparative analysis.

Authors

Publication Details

Journal
Journal of Transportation and Logistics
Published
2024-09-20
DOI
https://doi.org/10.26650/jtl.2024.1339285
Citations
7
Primary Topic
Global Trade and Competitiveness
Type
article
Field-Weighted Citation Impact
3.88
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article

Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods

Emre Özekenci
7 citations
Journal of Transportation and Logistics
Global Trade and Competitiveness
3.88
article

Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods

Emre Özekenci
article en
7 citations

Abstract

The aim of this study is to examine the Logistics Performance Index (LPI) of the Organization of the Petroleum Exporting Countries(OPEC) using the ENTROPY, CRITIC, and LOPCOW-based EDAS method. Data were obtained from the "2018 report of LPI" issued by the World Bank (WB). To evaluate the logistics performance of the selected countries, six key dimensions—customs, infrastructure, international shipments, logistics quality and competence, tracking and tracing, and timeliness—were utilized. The weight of the criteria was calculated using three different weighting methods: ENTROPY, CRITIC, and LOPCOW. Subsequently, the countries were ranked using the EDAS method. The results from ENTROPY, CRITIC, and LOPCOW indicated that the most significant criteria were infrastructure, international shipments, and timeliness, respectively. The outcomes of the EDAS method revealed that the United Arab Emirates (UAE) and Angola exhibited the highest and lowest logistics performance, respectively. Additionally, the robustness and validity of the results were confirmed through comparative analysis.

Journal of Transportation and LogisticsVol. 9(2)
Openalex Percentile: Top 6%
Global Trade and Competitiveness
3.88
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Assessment of the Logistics Performance Index of OPEC Countries with ENTROPY, CRITIC and LOPCOW-based EDAS Methods — Emre Özekenci · Journal of Transportation and Logistics (2024) | TGRS Research Map | TGRS