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BOS' Supply Chain Division Receives a $500,000 order from a Customer in India

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BOS Better Online Solutions (NASDAQ: BOSC), a supply chain technologies integrator, has announced that its Supply Chain Division received a $500,000 order from a customer in India. The order is scheduled for gradual delivery by August 2025.

Avidan Zelicovski, BOS' President, expressed confidence in the division's ability to expand global sales, citing the achievement of $6 million in overseas sales in 2023. Additionally, since the July 10, 2024 announcement of initial sales to Greek customers, the division has received $280,000 in orders from that territory.

BOS Better Online Solutions (NASDAQ: BOSC), un integratore di tecnologie per la supply chain, ha annunciato che la sua Divisione Supply Chain ha ricevuto un ordine di $500.000 da un cliente in India. La consegna dell'ordine è programmata per avvenire progressivamente entro agosto 2025.

Avidan Zelicovski, Presidente di BOS, ha espresso fiducia nella capacità della divisione di espandere le vendite globali, citando il raggiungimento di $6 milioni in vendite all'estero nel 2023. Inoltre, dalla comunicazione del 10 luglio 2024 riguardante le vendite iniziali a clienti greci, la divisione ha ricevuto $280.000 in ordini da quel territorio.

BOS Better Online Solutions (NASDAQ: BOSC), un integrador de tecnologías de cadena de suministro, ha anunciado que su División de Cadena de Suministro recibió un pedido de $500,000 de un cliente en India. La entrega del pedido está programada para hacerse de manera gradual para agosto de 2025.

Avidan Zelicovski, Presidente de BOS, expresó confianza en la capacidad de la división para expandir las ventas globales, citando el logro de $6 millones en ventas en el extranjero en 2023. Además, desde el anuncio del 10 de julio de 2024 sobre las ventas iniciales a clientes griegos, la división ha recibido $280,000 en pedidos de ese territorio.

BOS Better Online Solutions (NASDAQ: BOSC), 공급망 기술 통합업체로, 공급망 부서가 인도 고객으로부터 50만 달러의 주문을 받았다고 발표했습니다. 이 주문은 2025년 8월까지 단계적으로 배송될 예정입니다.

BOS의 사장인 아비단 젤리코프스키는 이 부서가 글로벌 판매 확대에 대한 자신감을 표명하며, 2023년에 600만 달러의 해외 판매를 달성했다고 언급했습니다. 또한, 2024년 7월 10일 그리스 고객에 대한 초기 판매 발표 이후, 이 부서는 해당 지역에서 28만 달러의 주문을 받았습니다.

BOS Better Online Solutions (NASDAQ: BOSC), un intégrateur de technologies de chaîne d'approvisionnement, a annoncé que sa Division de la chaîne d'approvisionnement a reçu une commande de 500 000 $ d'un client en Inde. La livraison de la commande est prévue progressivement d'ici août 2025.

Avidan Zelicovski, président de BOS, a exprimé sa confiance dans la capacité de la division à élargir les ventes mondiales, citant l'atteinte de 6 millions de dollars de ventes à l'étranger en 2023. De plus, depuis l'annonce du 10 juillet 2024 concernant les ventes initiales à des clients grecs, la division a reçu 280 000 $ de commandes en provenance de ce territoire.

BOS Better Online Solutions (NASDAQ: BOSC), ein Integrator von Technologien für die Lieferkette, hat angekündigt, dass seine Lieferkettenabteilung einen Bestellwert von 500.000 $ von einem Kunden in Indien erhalten hat. Die Lieferung der Bestellung ist für August 2025 schrittweise geplant.

Avidan Zelicovski, Präsident von BOS, äußerte Vertrauen in die Fähigkeit der Abteilung, globale Verkäufe zu steigern, und verwies auf einen Umsatz von 6 Millionen $ aus dem Ausland im Jahr 2023. Darüber hinaus hat die Abteilung seit der Ankündigung der ersten Verkäufe an griechische Kunden am 10. Juli 2024 280.000 $ an Bestellungen aus diesem Gebiet erhalten.

Positive
  • Secured a $500,000 order from an Indian customer
  • Achieved $6 million in overseas sales in 2023
  • Received $280,000 in orders from Greek customers since July 10, 2024
Negative
  • None.

Insights

The $500,000 order from India represents a significant win for BOS' Supply Chain Division, especially considering the company's market cap of about $16 million. This order alone accounts for approximately 3% of their market value, which is substantial for a small-cap company. The gradual delivery through August 2025 suggests a steady revenue stream, potentially improving cash flow predictability.

The company's success in expanding global sales is noteworthy, with $6 million in overseas sales in 2023. The additional $280,000 in orders from Greece since July 2024 further demonstrates their international growth strategy. For investors, this global diversification can be seen as a positive sign, potentially reducing market-specific risks.

However, it's important to note that while these orders are promising, they represent a relatively small portion of the company's overall business. Investors should monitor how these international expansions translate into overall revenue growth and profitability in the coming quarters.

BOS' success in securing orders from diverse international markets like India and Greece showcases the company's ability to navigate complex global supply chains. This is particularly impressive given the challenges in the electronic components industry, which has faced significant disruptions in recent years.

The $500,000 order from India, with its extended delivery timeline, indicates a long-term relationship and potential for repeat business. This type of order can provide stability and allow for better resource planning. The company's role as an integrator of supply chain technologies likely gives them an edge in managing these international logistics efficiently.

The expansion into new markets like Greece, while still in early stages, demonstrates the company's agility and ability to identify and capitalize on new opportunities. This adaptability is important in the fast-evolving world of supply chain management and could position BOS well for future growth in emerging markets.

RISHON LE ZION, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), an integrator of supply chain technologies, announced today that its Supply Chain Division, which provides franchised distribution of electronic components, received a $500,000 order from a customer in India. The order is for delivery gradually by August 2025.

Avidan Zelicovski, BOS' President, expressed confidence in the division's ability to expand its global sales, citing the success of achieving $6 million in overseas sales in 2023. Additionally, he highlighted that since the announcement on July 10, 2024, regarding initial sales to Greek customers, the division has received $280,000 orders from that territory.

About BOS

Through its three business divisions, BOS leverages cutting-edge technologies to optimize supply chain operations.

The robotic division automates the inventory process by replacing handwork with robots. RFID division optimizes inventory management by marking and tracking inventory through the supply chain, and the supply chain division integrates its franchised electro-mechanical components into its client's products.


FAQ

What is the value of the new order received by BOS (BOSC) from India?

BOS (BOSC) received a $500,000 order from a customer in India.

When is the delivery deadline for BOS's (BOSC) $500,000 order from India?

The order is scheduled for gradual delivery by August 2025.

How much did BOS (BOSC) achieve in overseas sales in 2023?

BOS (BOSC) achieved $6 million in overseas sales in 2023.

What is the value of orders BOS (BOSC) received from Greek customers since July 10, 2024?

BOS (BOSC) received $280,000 in orders from Greek customers since July 10, 2024.

B.O.S. Better On-Line Solutions Ltd.

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Communication Equipment
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Rishon LeZion