Logistics and Supply Chain are the backbones of economic prosperity and they influence businesses & people alike. According to a recent EY report, 'India@100: Realizing the potential of a $26T economy', India is projected to grow to $26T by FY48. The size of India’s logistic market was valued at approx. $274 billion in 2022 and is expected to grow to approx. $563 billion by 2030, at a CAGR of approx. 10 percent during the forecast period 2023-2030.
Understanding the importance of the Logistics sector in economic growth and in a bid to boost the sector in the country, the Government granted it an infrastructure status in 2017. Further, 2022 was the watershed year with the launch of the NLP to lower the cost of logistics. The epicenter was an endeavor to increase the competitiveness of Indian products in both the local market and the international market.
Buoyed by the Government's intent and focus as this was the fundamental goal for incorporation of Accex Supply Chain who initiated its operations in 2018 – “To bring about economic benefits for clients through increased efficiency and simplification of their supply chain management, ultimately contributing to overall business success”, says Samarnath, CEO and Founder.
"As logistics experts, we understand that the right, best-fit solutions for everevolving supply chains are one of the key enablers to the success of our customers’ business.
We pay close attention to creating strong, long-term partnerships with our customers", he further adds. The company focuses on niche sectors, with a clear focus on 3 Areas; Seamless Access enabled by Tech Solutions, Integrated Supply Chain Solutions, and Efficient Warehousing. Accex has focused on value creation logic to fuel growth into adjacencies and breakout businesses through relationships and unique knowledge of customers’ pain points to sell.
Unlocking Value at Every Step of the Supply Chain
"At Accex we have organized our business to meet the specific challenges of different industry sectors and have earned a reputation for managing large and complex warehouses with a high degree of predictability and operational excellence. That doesn’t happen by accident", shares Samarnath.
Accex Supply Chain draws its robust proficiency in pivotal supply chain sectors along with creating, deploying & managing inventive logistics solutions catering to niche industries
Playing a Significant Role as a Strong Internal Operational Collaborator
Employing a team of entrepreneurial professionals spanning various industries, Accex has become a strong player specializing in understanding the rapidly evolving needs of its customers, building internal capability by leveraging its existing assets & people to provide new and innovative offerings.
Driven by high-value creation to fuel growth and stickiness moving up or downstream to achieve cost & revenue. The company’s core emphasis lies in speed and boldness in handling complex areas and deploying advanced technology for sustainability with excellence.
Accex Supply chain serves as a niche partner role for a high-value supply chain, handling the complexity associated through consultative approaches. Thereby, designing tech tools, and providing speedy solutions to urgent business needs which helps it focus on customer-centricity, consulting approaches, and process frameworks that result in safety & excellence through a lot of data insight.
One of the key USPs of Accex Supply Chain has been its agile practices of business rollout through a set of quick smart ideas. At the same time, Accex has been able to carve out a niche for itself in leveraging technology to augment better inventory management & efficient delivery for its clients.