On the Relationship between ISO Standards and the Logistic Performance Index
On the Relationship between ISO Standards and the Logistic Performance Index

Author(s): Enriko Ceko
Subject(s): Social Sciences, National Economy, Business Economy / Management
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Logistics; Supply chain management; Transport; Quality management; ISO standards
Summary/Abstract: Using regression analysis, the paper aims to clarify the relationship between trade logistics issues, expressed with the logistic performance index, and quality management, expressed with the ISO standards index. The paper opted for an exploratory study using regression analysis to find relations between the logistics performance index and the ISO standards index, using data complemented Logistic Performance Index, and ISO Standards certificates issued worldwide, providing statistical insights into the relations between the LPI and QM, and the ISO Standards Index. It suggests that successful business organizations should invest in QM, especially in ISO standards improving their logistics, and competitive advantage. This research addresses a previously stated requirement by doing a regression analysis to investigate how quality management (ISO certifications) and logistics are significantly connected. The study's findings emphasize the importance of investing in quality management to gain a competitive advantage in logistics, recognizing the importance of the ISO certification process and quality management procedures and processes.

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