ColdEX, has been recognised as India’s Best Cold Chain Logistics Service Provider in Frost & Sullivan’s Indian Logistics Voice of Customer Awards 2014. The award was given to ColdEX for overall best performance among similar logistics service providers (LSPs) specialised or focused on cold chain logistics, nominated and rated by end users across target industries. ColdEX received the highest ratings from customers for its performance in maximum evaluation parameters including logistics expertise in the target industry, reputation of the cold chain service provider, cold chain network reach, number of cold chain service locations, skills and attitude of LSP’s staff, and cold chain fleet size.
“We thank all our clients for choosing us. As an organization, we always thrive on enhancing service levels, efficiency and innovation. We will continue to build capability and capacity to serve our clients better” said Gaurav Jain, Executive Chairman, ColdEX.
“Am delighted with this recognition. On behalf of ColdEX team, I would like to thank each and every client of ours for the recognition. We will continue to invest in our people and process capabilities to ensure that we come out as the Best Service Provider, always” said Sunil Nair, CEO, ColdEX.
Vijay Kakade, Director – Automotive, Transportation & Logistics Practice, South Asia, Middle East and North Africa, Frost & Sullivan said, “This award highlights ColdEX’s excellence as a cold chain logistics service provider in the Indian market.” The company has established itself as a true leader among similar LSPs specialised or focused on cold chain logistics through its commitment to provide its customers a competitive advantage through superior cold chain transportation and logistics solutions. The company’s capabilities and strong reputation when compared to similar LSPs has been recognized by Frost & Sullivan in the form of this Award, as chosen by consumers, he added.
The Frost & Sullivan Indian Logistics Voice of the Customer Award for Best Cold Chain Logistics Service Provider is given to an LSP specialising or focusing on cold chain logistics that truly demonstrates excellence among competitors, as judged by customers. LSPs specialised or focused on cold chain logistics that received highest nominations along with ratings on the performance by customers in the given award category are shortlisted for the evaluation. The ratings attained by each contending LSP on evaluation parameters are weighed against the importance assigned by end users for the respective parameters, with the highest scoring company named the winner. Each evaluation parameter relevant to the logistics industry is weighted appropriately according to first-hand research conducted by Frost & Sullivan with local market customers.
ColdEX has a fleet of 825 vehicles, which are managed through TMS (Transport Management System) and FMS (Fleet Management System). Growing at 25 percent CAGR the company has been investing to create world class distribution centres (Multi-temperature high velocity cold storages). The first state-of-the-art facility has come up in Kundli (Delhi).