Berlin, August 30, 2023 - PSI Logistics GmbH has been awarded by Viessmann Logistik International GmbH with the delivery of the strategic supply chain software PSIglobal. This is intended to gradually analyze and optimize the existing warehouse structure at country level based on the expected market demand as well as the available capacities.
PSIglobal offers intelligent analysis and optimization functions for location optimization and inventory planning as well to strong network transparency and higher visualization options for decision-making. Additionally, transport costs can be reduced plus an improved service level can be achieved for end customers through optimized locations.
Viessmann Logistik International GmbH decided in favor of the PSI software based on the initial positive experiences from two projects with the Forschungsinstitut für Rationalisierung (Research Institute for Rationalization) (FIR) e. V. at the RWTH Aachen within the partner management. Moreover, the possible module extensions and the accompanying coaching by PSI were decisive. The software acquired in March 2022 has been in use at Viessmann for about a year after a three-month pilot project.
The family-owned company Viessmann was founded in 1917 as a workshop for heating technology and is today a global, broadly diversified group with over 14,500 employees and total sales of around 4 billion euros. The two largest business units, Climate Solutions and Refrigeration Solutions, include sustainable solutions in the areas of heating, cooling, water and air quality. Production takes place in 22 plants in eleven countries. In addition, 49 sales companies, 35 sales partners in 58 countries and sales activities in 74 countries and 120 sales offices belong to the Viessmann Group.
The PSI Group develops software products for optimizing the flow of energy and materials for utilities (energy grids, energy trading, public transport) and industrial companies (metals production, automotive, mechanical engineering, logistics). As an independent software producer, PSI has been a technology leader since 1969 for process control systems that ensure sustainable energy supply, mobility and production by combining AI methods with industrially proven optimization methods. The innovative industry products are sold both directly and via the cloud-based PSI App Store. In fiscal year 2022, PSI generated annual sales of just under 250 million euros with more than 2,200 employees in 17 countries.