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In the World Bank's 2010 Logistics Performance Index, it ranks a lowly 75th, well below Thailand, Malaysia and even the Philippines.
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Due to non-existent infrastructure (Myanmar ranked 129th out of 155 countries on the Logistics Performance Index), an antiquated banking system, power shortages, corruption, as well as a total lack of modern equipment and skilled technicians, cost savings on labor may be offset by higher costs and delays in non-labor areas.
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Wolfe also leads the dozen airfreight and logistics analysts in StarMine's database in three-year performance, with an excess return averaging 11.5%.
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Unfortunately for the harder-headed managers who prefer logistics to human development, none of the four operational practices showed a significant effect on company performance.
ECONOMIST: What's in the journals, September 2008