We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » New "Logistics Manager's Index" helps round out economic picture
inbound

New "Logistics Manager's Index" helps round out economic picture

March 12, 2017
DC Velocity Staff
No Comments

If you want to know where the economy is headed, ask a logistics manager. At least that's the theory behind a new economic index launched in September by five universities and backed by the Council of Supply Chain Management Professionals (CSCMP).

The Logistics Manager's Index (LMI), which is similar in approach to the long-running Purchasing Managers Index produced by the Institute for Supply Management (ISM), is based on a brief monthly poll that asks North American logistics managers whether factors like warehousing capacity, utilization, and prices; inventory levels and costs; and transportation capacity, utilization, and prices are increasing, decreasing, or staying the same. This information can serve as a leading indicator of the health of the overall economy, according to Dale S. Rogers, professor of logistics and supply chain management at Arizona State University, one of the five schools collaborating on the index.

Separate indices for the various elements are combined to create the overall LMI score, which is indicated as a percentage. The November/December LMI came in at 62.9 percent, an increase of 8 percentage points from the October reading of 54.9 percent. The LMI is calculated using a "diffusion" index—a reading above 50 percent indicates that logistics activity is expanding, and a reading below 50 percent indicates that it is shrinking.

In addition to Arizona State, researchers from Colorado State University, Portland State University, Rutgers University, and University of Nevada, Reno are working on the index. Media partners are DC Velocity and its sister publication, CSCMP's Supply Chain Quarterly. If you'd like to be part of the standing panel that takes the brief survey each month, please contact Rogers at dale.rogers@asu.edu.

Publications & Associations Business Management & Finance
KEYWORDS Arizona State University Colorado State University CSCMP - Council of Supply Chain Management Professionals Portland State University Rutgers University University of Nevada, Reno
  • Related Articles

    Logistics Manager's Index shows growth rate slowed in November

    New index polls logistics managers to gauge U.S. economy's direction

    2008 economic outlook: "a lot of risks out there"

Recent Articles by DC Velocity Staff

Logistics gives back: February 2023

Intermodal sector weathered a “challenging” year in 2022, IANA says

Nocturnal robots stock store shelves

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Schneider welcomes first battery-electric truck

  • Fred Smith is not worried about Amazon

  • RJW LOGISTICS GROUP EXPANDS RETAIL LOGISTICS OPERATION TO DALLAS

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

Now Playing on DCV-TV

5afe63a5 7125 4318 b851 1e5738df1c91

Patterson Fan Co. | HVLS V-Series Ceiling Fan | Staging Area Air Movement

DCV-TV 4: Viewer Contributed
The Patterson V-Series is a high-volume, low-speed industrial ceiling fan that is designed to circulate a lot of air at a very low speed. These fans, ranging in diameters of 8’ all the way to 24’, are perfect for large, open spaces such as staging and shipping areas. One 24’ fan can generate a cooling effect of 6 –...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing