Under the terms of this agreement, PWC will install advanced supply chain execution systems in the contracted facilities and manage all warehousing and container yard operations. The EXceed 4000 Warehouse Management System (WMS) software application will be the backbone of the operation. EXceed 4000 WMS is a state-of-the-art warehouse management system which enables the efficient tracking and handling of goods within a warehouse facility. Hand-held radio frequency (RF) communication devices and radio frequency identification (RFID) tags will be used to accurately record the movement of all goods both within the facilities and the yard. PWC will also provide all required manpower and material handling equipment.
Tarek Sultan Al-Essa, PWC's Chairman & Managing Director, commented, "Our highly scalable IT infrastructure and proven operating processes enabled us to respond rapidly to this new business opportunity."
The total size of the warehousing operation is approximately 100,000 square meters and the contract is for one year and includes a renewal option.
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PWC Logistics awarded contract for IT and logistics services
- Kuwait: Sunday, August 15 - 2004 at 10:58
- PRESS RELEASE
PWC Logistics, the leading provider of comprehensive supply chain solutions in the Middle East, today announced they have been awarded a KD9.3 million (USD31.5 million) contract for IT and logistics services.
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About PWC LogisticsPWC Logistics provides comprehensive supply chain solutions to companies and governmental organizations throughout the Middle East. Through its network of warehouse facilities, connected by multiple transportation options, PWC provides its customers with supply chain solutions tailored to their business needs. PWC Logistics is traded on the Kuwaiti Stock Exchange and has a market capitalization of approximately KD 600 million (USD 2.0 billion).
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, August 15 - 2004 at 10:58 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Wed May 02 2007.
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