Developing a Logistics Framework That Contributes to Economic Growth: A Fuzzy ISM-MICMAC Approach

This study identified essential logistics performance indicators that contribute to economic development and created a logistics framework for understanding and forecasting future economic performance. A two-stage technique, which included expert opinions and the fuzzy ISM-MICMAC approach, was used to determine links, priorities and impacts of the identified indicators. Of the 10 essential indicators studied, efficient ports, quality control and risk management activities ranked as the top three. According to the data, organizations that have access to effective logistics networks are more likely to launch or grow regional operations. Creating a logistics framework based on key indicators can help boost economic growth by allowing stakeholders to identify areas for improvement and devise plans to strengthen the logistics industry.