BOS’ Supply Chain Division Receives an Order in the amount of $900,000
BOS Better Online Solutions (NASDAQ: BOSC), a supply chain technologies integrator, has secured a $900,000 order from an Israeli customer in the aerospace industry. The order, to be fulfilled throughout 2024, was received by BOS' Supply Chain Division. Avidan Zelicovski, BOS' President, highlighted that this substantial order from a long-term client demonstrates the reliability and quality of BOS' supply chain services, emphasizing the value they provide to customers in the industry.
BOS Better Online Solutions (NASDAQ: BOSC), un integratore di tecnologie per la catena di approvvigionamento, ha ottenuto un ordine di 900.000 dollari da un cliente israeliano nel settore aerospaziale. L'ordine, che sarà evaso nel corso del 2024, è stato ricevuto dalla Divisione Catena di Approvvigionamento di BOS. Avidan Zelicovski, Presidente di BOS, ha sottolineato che questo sostanzioso ordine da un cliente di lungo termine dimostra la affidabilità e la qualità dei servizi di catena di approvvigionamento di BOS, enfatizzando il valore che forniscono ai clienti nel settore.
BOS Better Online Solutions (NASDAQ: BOSC), un integrador de tecnologías de la cadena de suministro, ha asegurado un pedido de $900,000 de un cliente israelí en la industria aeroespacial. El pedido, que se cumplirá a lo largo de 2024, fue recibido por la División de Cadena de Suministro de BOS. Avidan Zelicovski, presidente de BOS, destacó que este pedido sustancial de un cliente de largo plazo demuestra la fiabilidad y calidad de los servicios de cadena de suministro de BOS, enfatizando el valor que aportan a los clientes en la industria.
BOS Better Online Solutions (NASDAQ: BOSC)는 공급망 기술 통합업체로서, 90만 달러의 주문을 이스라엘 고객으로부터 확보했습니다. 이 주문은 항공 우주 산업과 관련되어 있으며, 2024년 동안 이행될 예정입니다. Avidan Zelicovski BOS 사장은 장기 고객으로부터의 이 대규모 주문이 BOS의 공급망 서비스의 신뢰성과 품질을 보여주는 것이라고 강조하며, 산업 내 고객에게 제공하는 가치의 중요성을 강조했습니다.
BOS Better Online Solutions (NASDAQ: BOSC), un intégrateur de technologies de chaîne d'approvisionnement, a sécurisé une commande de 900 000 dollars d'un client israélien dans l'industrie aérospatiale. La commande, qui sera exécutée tout au long de 2024, a été reçue par la Division de la Chaîne d'Approvisionnement de BOS. Avidan Zelicovski, président de BOS, a souligné que cette commande substantielle d'un client de longue date démontre la fiabilité et la qualité des services de chaîne d'approvisionnement de BOS, soulignant la valeur qu'ils apportent aux clients dans l'industrie.
BOS Better Online Solutions (NASDAQ: BOSC), ein Anbieter von Technologien für die Lieferkette, hat einen Auftrag über 900.000 Dollar von einem israelischen Kunden in der Aerospace-Industrie erhalten. Der Auftrag, der im Laufe des Jahres 2024 erfüllt werden soll, wurde von der Lieferkettenabteilung von BOS entgegengenommen. Avidan Zelicovski, Präsident von BOS, betonte, dass dieser erhebliche Auftrag eines langfristigen Kunden die Zuverlässigkeit und Qualität der Lieferkettenservices von BOS demonstriert und den Wert unterstreicht, den sie den Kunden in der Branche bieten.
- Secured a $900,000 order from an existing customer in the aerospace industry
- Order to be delivered throughout 2024, providing steady revenue stream
- Demonstrates customer satisfaction and loyalty in a high-value industry
- None.
Insights
The $900,000 order for BOS' Supply Chain Division is a positive development for the company. This order represents a significant revenue boost for BOS, especially considering its market cap of around $15 million. The aerospace industry customer's continued trust suggests strong customer retention and potential for future orders.
However, investors should note that this is a one-time order to be delivered throughout 2024, not recurring revenue. The impact on BOS' overall financial health will depend on the company's profit margins and operational costs associated with fulfilling this order. Without more context on BOS' typical order sizes or annual revenue, it's challenging to gauge the full significance of this deal relative to their usual business volume.
This order highlights BOS' strong position in the aerospace supply chain, a sector known for its stringent quality and reliability requirements. The company's ability to secure and maintain long-term relationships in this demanding industry speaks to the robustness of their supply chain solutions.
The year-long delivery timeline suggests a complex, possibly customized order, which could lead to deeper integration with the customer's processes. This could potentially create barriers to competition and foster long-term partnerships. However, it also means BOS must carefully manage its resources and cash flow throughout 2024 to meet the order requirements efficiently.
RISHON LE ZION, Israel, Sept. 16, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC), an integrator for supply chain technologies, announced today that its Supply Chain Division has received an order in the amount of
Avidan Zelicovski, BOS’ President, emphasized: “This significant order from a long-standing customer is a testament to the reliability and quality of BOS' supply chain services and underscores the value that they offer.”
About BOS
BOS leverages cutting-edge technologies to optimize supply chain operations across three key divisions. The Intelligent Robotics division streamlines industrial and logistics inventory processes. The RFID division efficiently marks and tracks inventory, and the Supply Chain division effectively manages inventory supply.
Safe Harbor Regarding Forward-Looking Statements
The forward-looking statements contained herein reflect management's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, , the effect of the war against the Hamas and other terrorist organizations, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS' periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
FAQ
What is the value of the new order received by BOS (BOSC) in September 2024?
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Which division of BOS (BOSC) received the $900,000 order in September 2024?
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