metal pallets advances supply chain
DESCRIPTION
The metal pallets increase the levels of supply chain efficiency along with increased asset utilization and return on investment. These pallets are the strongest and most durable among the options in the market. Though higher in price, compared to it plastic and wooden counterparts, the metal pallet delivers greater ROI in the long term.TRANSCRIPT
April 12, 2013Procurement Consulting – Brickwork Sourcing
Metal Pallet Advances Supply ChainMetal Pallet Advances Supply Chain
Brickwork India (Confidential)
www.brickworksourcing.comwww.brickworksourcing.com
Various pallets exists in the market and the most notably among them are wood, plastic and metal pallets
With awareness increasing about the benefit of metal pallets versus the financial and environmental impact of wooden or plastic, companies are now focusing on shifting their usage to metal pallets in their supply chain.
Compliance Packaging International in Columbus, Ohio has improved supply chain sustainability by shifting to metal pallets and Safelite AutoGlass expects an annual cost savings of $2.78 million by transitioning to steel pallets.
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Current Scenario
Wooden pallets, the previous industry standard, is losing favor due to the rising cost of lumber, impact on the environment due to lumber harvesting, and low recycling rate.
Additional factors influencing the demand for metal are wood’s deficiencies such as insect infestation, sanitation, fire hazard, and performance constraints.
With awareness increasing about the benefit of metal pallets versus the financial and environmental impact of wooden or plastic, companies are now focusing on shifting their usage to metal pallets in their supply chain.
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The Future Road
The benefit of using metal pallets is higher levels of supply chain efficiency, increased asset utilization and return on investment
These metal pallets are the strongest and most durable among the options in the market
They deliver greater ROI in the long term as compared to it plastic and wooden counterparts
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Growth Drivers and Opportunities
Market Potential
Some of the businesses that started using the metal ones in place of the traditional options, have seen less than 3 percent losses, as inventory is suffering less damage during transportation in comparison to wooden pallets. Slowly companies are starting to realize the advantages of in their supply chain by shifting to metal pallets.
Brickwork Sourcing provides end-to-end procurement research and consulting services to clients from all major continents. It specializes in assisting clients with low cost country sourcing as well as Indian market entry assessments.
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THANK YOUTHANK YOUContact:[email protected] Sanjeeth HegdeIndia: +91 (80) - 4040 – 9999 (218 Ext)
13 April 2023
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