Following these 7 tips will undoubtedly put your business’ bottom line in a better place!
You and your company may already be all too aware of how quickly pallet costs can add up, and even though pallets may individually cost only about $20 this number always exponentially increases as companies conduct countless, large-scale shipments.
Pallet costs can many times put a massive dent on a business’ bottom line, so if you feel as though your company is feeling the squeeze of pallet costs then it may be best to consider the following 7 strategies towards reducing your pallet costs!
1. Don't Be Hesitant Towards Utilizing Refurbished Pallets
Many business owners have a common misconception towards refurbished pallets in thinking that they’re much less durable than brand new ones. The truth is that refurbished pallets may not look as neat and tidy, but they’re just as dependable and sturdy. They’re also always at a significantly reduced price!
The Pallet Guys have always been an industry leader in terms of refurbishing pallets and utilizing cutting-edge technology to ensure a refurbished pallet’s overall weight durability via accurate capability calculations.
But of course no technological source can accurately decipher whether or not refurbished lumber is of superior quality or not, which is why it’s always important to work with a well-experienced pallet supplier who you can trust to have the very best products!
2. Utilizing a Repair and Return Program
A lot of businesses will utilize the same pallets for both incoming and outbound shipments, which of course is a great strategy in terms of saving money on needing new pallets for each shipment. The big problem with this type of continuous pallet use is that many incoming pallets will be damaged.
The strategy here is to not throw away these damaged, incoming pallets and instead have The Pallet Guys pick them up and repair them for you so that they’ll be usable once again. This will inevitably help you cut down on unnecessary pallet purchases, and will also help you reduce the amount of waste within your facilities.
3. Buying Pallets in Full Truckloads
Pallet purchases will typically come in partial or full truckload quantities, but what many businesses don’t realize is that they can actually end up saving money when they purchase more pallets at once.
You’ll not only save on potential delivery fees to make up for empty truck space, but you’ll also have a surplus supply of pallets that will last much longer.
4. Keep Tabs On Your Pallet Supply and Lead Times
Rush orders for pallets are just like essentially all other products in that it’ll more than likely cost more. Many pallet suppliers will charge rush fees when an order is considered last minute, so it’s always best to utilize an inventory management system to help you know well ahead of time when you’re going to need more pallets instead of putting your business in an unnecessarily more expensive order situation.
5. Utilize Wood Waste Removal Programs
Wood waste removal programs are always useful if you find yourself continuously dumping busted/old pallets in your facilities garbage bins. The Pallet Guys will always work with you in terms of picking up your wood waste, and sometimes even buying old pallets from business owners for our recycling sector.
Some of the benefits associated with wood waste removal programs include the following:
You’ll always get what you pay for when it comes to pallet purchases. Low-quality pallets will inevitably put you and your business operations at a serious risk, because you’ll be increasing the chances of product damage and catalyzed pallet deterioration. The increased chances of pallet deterioration throughout shipments can also subsequently increase the chances of property damage and employee injuries.
On the other hand, it’s typically not necessary to buy pallets of very high quality that exceed your specific needs. This is why it’s so important to conduct thorough shipment weight and configuration analyses, so you can better understand the appropriate pallet types for your unique specifications. So spending an unnecessary amount will waste your money, as well as purchasing the cheapest pallets available.
All of us at The Pallet Guys understand this type of Goldilocks necessity when it comes to customizing your pallet purchases, and we’ll be more than happy to help you find the pallet type that simply is just right for your shipment details.
7. Get Help
Reaching out to an expert team like The Pallet Guys for assistance in terms of fully understanding the perfect parameters (quality/quantity) for your pallet purchases is always an incredibly important consideration when it comes to getting the highest ROI on your pallet investments.
We all are very well versed when it comes to shipping considerations, and we’ll always utilize our industry standing and partnerships to help our clients find the very best deals available to them. So when you get help from an experienced pallet and shipping vendor like The Pallet Guys, you’ll ultimately be helping your business save a lot of money!
Reach Out To The Pallet Guys For More Information About Reducing Your Business’ Operational Costs!
We understand how the actual implementation of these strategies is a lot easier said than done, which is where our experts come into support you and your operational costs.
Always feel free to contact us online or call us at 832-895-7555 today to speak with one of our experts in terms of how we can help support your initiatives towards reducing your pallet costs!