B.O.S. Better Online Solutions Delivers Logistics Management Solution For IKEA Israel
RISHON LETZION, Israel, Dec. 22, 2010 (GLOBE NEWSWIRE) -- B.O.S. Better Online Solutions Ltd. ("BOS") (Nasdaq:BOSC) today announced the successful implementation and delivery of a logistics management system for IKEA Israel's two stores and warehouse.
The BOS solution provides IKEA with an optimized data collection process for conducting inventory stock taking, receiving goods from suppliers, transferring inventory between stores, replacing out-of-stock items, and a variety of IKEA's other fulfillment needs. BOS designed its system to interface with IKEA's worldwide Navision ERP system.
The logistics management solution implemented by BOS utilizes the proprietary BOS ID software platform used to assemble applications for identification management, as well as Intermec's CK3 mobile terminals.
BOS generated approximately $100,000 in revenues from this project. "With the implementation of the BOS logistics management solution, IKEA is gaining greater visibility into our stock management at both stores and the warehouse," said Einar Capon, Chief Technology Officer of IKEA Israel. "We expect that this will bring a number of customer service improvements, as well as have a positive impact on our bottom line." "We are pleased to have been selected by IKEA to implement this important logistics optimization project, which we designed in accordance with IKEA's worldwide standards," said Yuval Viner, CEO of BOS. "This points to the flexibility of our BOS ID platform, which is being utilized in a wide cross-section of industries, for logistics, warehouse management, production line, and supply chain applications." About BOS B.O.S. Better Online Solutions Ltd. (Nasdaq:BOSC) is a leading provider of RFID and Supply Chain solutions to global enterprises. BOS' RFID and supply chain offerings are helping over 2,000 customers worldwide improve the efficiency of enterprise logistics and organizational monitoring and control. BOS' RFID and mobile division offers both turnkey integration services as well as stand-alone products, including best-of-breed RFID and AIDC hardware and communications equipment, BOS middleware, and industry-specific software applications. The company's supply chain divisions provide RFID and electronic components consolidation services to the aerospace, defense, medical, telecommunications industries as well as to enterprise customers worldwide.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
