Boxlight Signs $10M Supply Agreement
Thursday, May 21st, 2020
Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions for the global education market, announced it has entered into a supply agreement and strategic partnership with CEC Finance and Logistics to provide up to $10 million of Boxlight hardware solutions in multiple US warehouses.
The agreement between Boxlight and CEC will provide Boxlight solutions, including interactive flat panel displays, in warehouses located in Los Angeles and New Jersey, tightening delivery times and increasing just-in-time delivery to customers throughout the US. The partnership will also increase efficiencies for shipping and logistics and decrease overall freight costs to customers.
“We are committed to meet the inventory demands of our business and effectively fulfill customer orders,” said Hank Nance, COO Boxlight. “This partnership allows us to continue to scale our company by providing our solutions in various locations while reducing travel time and shipping costs. We are very excited about this partnership, and most importantly, improving our customer experience.”