TRANSPORTATION MANAGEMENT SYSTEMS: LOGISTICS PERFORMANCE INDEX APPROACH

Abstract

The role of transportation management systems in modern logistics is extremely important from the cost- efficiency point of view at all levels of the supply chain. Considering that, the aim of this research is to examine the correlation, partial contribution and relationship structure among indicators of which Logistics performance index is composed and to group countries according to its value using cluster analysis. The development and implementation of transportation management systems aimed to increase the flexibility and functionality of the entire supply chain and logistics systems, especially in terms of reducing inventory costs and monitoring real-time flows of materials. Also, the mentioned systems reduce the costs of projecting the transport route and the way of delivering goods, as well as reducing the costs of goods manipulation, goods storage and asymmetry of information among the participants in the supply chain.

Kew words: Transportation management systems, Business logistics, Performance index, Cluster analysis