PSI Aktiengsllschft fr Prdkt Sytm Infrmg : receives logistics order from shipbuilder MV WERFTEN Wismar GmbH

Berlin, February 20, 2018 - PSI Logistics GmbH has been awarded by MV WERFTEN Wismar GmbH, a Genting Hong Kong Group company and shipbuilder of the world's largest cruise liners, with the delivery and implementation of the Warehouse Management System PSIwms.

With three locations in Wismar, Rostock and Stralsund, MV WERFTEN develops and manufactures luxurious river cruise ships, ice-skied mega yachts and the world's largest cruise liners. From the spring of 2018, PSIwms will coordinate the warehousing processes for the supply and management of the warehousing and production sites of MV WERFTEN, such as for the assembly lines of passenger and crew cabins in Wismar.

In the 9,000-square-meter production hall, a cabin is manufactured every 20 minutes on state-of-the-art production facilities, a total of around twenty a day. By 2026, the production is to be gradually increased to up to 7,000 cabins per year. The clocked material supply takes place from the logistics centers of the group, which will be managed by PSIwms in the future.

The investment in the Warehouse Management System from the PSI Logistics Suite is part of the forward-looking digitization strategy with which Genting Hong Kong aims to make MV WERFTEN one of the world's most modern and efficient cruise ship manufacturers.

On the basis of its own software products, PSI Group develops and integrates complete solutions for energy management (energy networks, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs 1,650 persons worldwide.