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Revolutionizing Pallet Management: PalletTrader’s Integrated Sell-Off Program Boosts Efficiency and Sustainability

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Revolutionizing Pallet Management: PalletTrader’s Integrated Sell-Off Program Boosts Efficiency and Sustainability

PalletTrader, a leading innovator in technology-driven pallet solutions, has announced the integration of its pallet sell-off program into the PalletTrader+ Managed Services console. This enhancement revolutionizes how businesses manage pallet inventories, providing unprecedented visibility and cost savings across supply chains, both large and small.

Read also: Stretching Towards Sustainability: Australia’s Eco-Friendly Pallet Wrap Trends

The updated program allows businesses managed under PalletTrader+ to seamlessly handle direct sales and pickups of pallets through a single, streamlined system. Shippers can now request pallet pickups directly within the PalletTrader+ platform, facilitating sales to PalletTrader’s supplier network for collection and repurposing of these pallets.

“Our goal is to provide complete transparency and empower businesses with the tools they need to manage their pallet needs more efficiently,” said Jessica Dzugan, Vice President of Technology & Innovation at PalletTrader. “Through our integrated pallet sell-off program, we’re not only helping our customers maximize the value of their scrap pallets and save money but also providing visibility up and down procurement networks.”

The sell-off program offers full transparency across the entire pallet procurement network. PalletTrader customers now have access to detailed metrics on pallet pickups, cost savings, and sustainability initiatives, all through an updated user interface. Additionally, a landfill avoidance calculator, set to launch in August, will provide real-time data on pallet costs and environmental impact.

“We are creating a circular pallet economy where assets are repaired, reused, or, if necessary, ground into mulch, ensuring minimal waste,” added Dzugan. “Customers pay for pallets supplied by PalletTrader and, in return, receive monetary value back when those pallets are sold off, significantly reducing the total cost of ownership.”

The program is particularly designed for large-scale operations with high pallet volumes but is also beneficial for smaller operations with excess pallet supply. Businesses managing multiple locations and purchasing large volumes of pallets weekly will find the program especially advantageous, as it allows them to see and track all costs and environmental impacts in one place.

“This program is designed to help those with large volumes of pallets the most, but anybody with pallets that they’re struggling to unload can benefit,” concluded Dzugan.

PalletTrader provides users with access to custom portals where they can view key performance indicators and other critical metrics through the program. This visibility ensures that businesses can make informed decisions, optimizing their pallet usage and contributing to their green initiatives.

PalletTrader invites businesses to join the revolution in pallet supply management. Experience the benefits of complete transparency, cost savings, and environmental sustainability by participating in PalletTrader’s pallet sell-off program today.

pallet packaging

All About Packaging – Pallets

Packaging is such a broad term that covers everything from a metal crate for a train battery to a gusseted pouch for pancake mix.  One variable that the majority of packaging has in common is nearly all packages are stored or ship on a pallet at some point in the supply chain. Coincidently, a pallet is also often the most misunderstood type of packaging! In this article, we will be completing a deep dive into pallets including a few secret tricks we use to drive out costs associated with pallets.

What is a pallet?

A pallet is a horizontal platform that is used as a base to unitize goods during transportation and storage. Pallets are typically handled in the supply chain by forklifts, fork trucks, and conveyor systems. Most commonly a pallet is made of wood but can also be constructed of other materials such as metal, plastic, corrugated, and hexacomb.

Why is a pallet used?

Pallets are used as the most common method of unitizing products to safely and effectively move and store goods through the supply chain. Pallets also allow for stacking goods in racking or multiple pallets stacked on top of each other.

Pallet Material

Once it is determined if a returnable or expendable solution is the route to explore, the next logical step is to determine the material type. If returnable, common materials include plastic, metal, and wood. If expendable, common materials include wood, hexacomb and corrugated. Wood is the most commonly used material given its performance, cost, and existing supplier base.

Pallet Type

There are a variety of pallet types commonly used such as a stringer, wing, and block-style pallet to name a few. The type of pallet needs to be selected that provides the features required for your specific product size, weight, and supply chain. Selecting the incorrect pallet type can result in wasted money, product/packaging damage.

Pallet Size

There are standard and custom pallet sizes. The standard sizes vary based on location. The standard size in the US is a 48”x40” platform.  With that being said, the 48”x40” platform is not always the correct size depending on variables such as supply chain and size of packaging. Having the incorrect pallet size not only potentially increases the pallet cost but also costs associated with freight and damage.

Interested in learning more if your pallets are optimized for your packaging and supply chain?  Click the below link to learn more about what BoldtSmith Packaging does.

Expendable or Returnable

The first variable to explore when selecting a pallet is whether it should be an expendable or returnable solution. A returnable pallet is most often used in a closed-loop supply chain. For example, an automobile company is receiving headlights from a local manufacturer on a dedicated truck. In this scenario, a returnable pallet is a solution that should be explored.

On the other hand, if a manufacturer is shipping their finished goods from China to the United States on an ocean container and LTL once it arrives domestically, a returnable solution likely will not be applicable.

Pallet Alternatives

To reference the earlier example for a product manufacturer shipping products from China to the US, fitting the most amount of product into the ocean container is critical. The average height of a pallet is 5” and when double-stacked into the ocean container, that is 10” of air being shipped. Popular alternatives to pallets include floor loading and slip-sheets. Both alternative methods require modified unloading techniques when received domestically.  Does it make financial sense to eliminate pallets for overseas shipments?  Potentially, a financial analysis needs to be completed to allow for the data to provide the evidence needed to determine the best method of unitizing the product.

Packaging Considerations

It’s so critical when selecting the pallet type, material, and size to consider the entire packaging system. The referenced packaging system includes the packaging going on the pallet, method of securing product to pallet, storage methods (racking vs stacking), etc. For example, what package is being put on the pallet? If an engine is going on the pallet, plastic banding would be a reasonable material to use to secure the product to the pallet.  If boxed goods are going on the pallet, the stretch film may be a better material used to tie the product to the pallet.

What Does BoldtSmith Packaging do?

BoldtSmith Packaging Consultants is a recognized leader in packaging design, testing, and optimization for retail and e-commerce packaging, shipping crates and displays. We do not manufacture or broker packaging, we sell a service filling in as a temporary packaging engineer for companies requiring specialized packaging expertise. Click the below link to learn more about BoldtSmith Packaging and the services that we offer.

What does BoldtSmith Packaging do?