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If your company deals with CHEP, IPPL, and LPR pallet pools, you will most likely benefit from pallet management. When you use different types of pallets to ship your goods, it can be very confusing to keep track of where each pallet is and return it for reuse in other transportation options.
Instead of losing money-losing pallets every year, you can add a lot of money to your operating budget while getting the most out of your pallet company.
If you are unsure whether pallet management will benefit your company, there are a few questions you should ask. Are you initially comfortable with the money your company pays to rent equipment such as pallets?
Does your budget reflect the potential for lost pallets? Can your current tracking system locate every pallet at some point? Can you match every detail in the pallet equipment invoice? If all of these questions cannot be answered affirmatively, then you definitely need a company that manages your pallets.
Did you pay for the lost equipment? Did you not return all your pallets from the carrier or retailer who transported the goods? During the audit, did you feel unsure that all of your palletizing equipment was installed and being accounted for? If you answered yes to any of these questions, a pallet management company can be the solution to your problem.
One of the biggest advantages of pallet management is the reduction in time lost for your employees. Instead of trying to track down lost pallets, they can focus on other aspects of their work. When every pallet your company uses is accounted for, the time to review and reconcile invoices is smooth sailing. Your company also has better control over lost devices and effectively reduces costs for those devices.