Evaluation of Logistics Performance of The OECD Member Countries with Integrated Entropy and Waspas Method

ABSTRACT 
The Logistics Performance Index (LPI) developed by the World Bank is important in evaluating countries’ logistics activities. Moreover, the LPI creates a competitive environment among various countries. It also provides an opportunity for countries to develop their logistics performances based on their geographic positions. This study uses the World Bank’s recently published LPI data of 2018. Based on this data, the logistics performances of 38 OECD member countries are determined by integrating the ENTROPY and WASPAS methods. The result of the calculations conducted using the ENTROPY method shows that in order of importance the logistics performance criteria are infrastructure, customs, logistics quality and competence, tracking and tracing, international shipments, and timeliness, according to their significance. Therefore, the infrastructure criterion is the most important in comparing the logistics performances of the OECD member countries. As a result of the analyzes carried out by the WASPAS method using the criterion weights determined by the ENTROPY method, the logistics performance rankings of the OECD member countries are obtained. According to the ranking results, the first five countries are Germany, Sweden, Denmark, Netherland, and Austria. In addition, the analysis results obtained by the integrated ENTROPY and WASPAS method were compared with the LPI rankings of the sample taken from the World Bank report results. 
Key Words: logistics, logistics performance index, ENTROPY, WASPAS 
JEL Classification: C44, L91, R40