Pallet Management Systemare a new type of supply chain execution software which goes beyond the traditional pallet accounting applications of the past. Pallet management systems are a key component of any supply chain management solutions platform within the retail industries. They share many of the same elements of other systems such as the use of barcodes or RFID and mobile devices for automated identification and data collection and location tracking. What differentiates pallet management from other SCE applications is the identification methods required for reliable tracking and the level of process integration, in terms of systems, demanded of pallet management.
Pallet ManagementSystem Benefits
The first main benefit of implementing a pallet management system is increased asset utilization. Pallet management systems can provide the critical core information to execute advanced decision making on the movement of goods enabling improved supply chain process management thereby saving time and reducing cost. Combined with industry pooling, utilization is a major cost reduction driver.
The second benefit of a pallet managementsystem is the reduced cost of lost or broken pallets. Currently retailers pay for the pallets that they use, which often get lost or broken at some point along the supply chain. With a pallet management system the pallet management company takes responsibility for pallet supply and repair which they can do more efficiently and less costly than retailers. This leads to our third main benefit.
The third main benefit of having a pallet management system is maintenance cost reduction. Pallets require cyclical preventative repair as well as repair for damage in handling. Pallet management systems support the identification of required preventative repair as well as the status control of damaged assets.
The final benefit of using a pallet management system is that you will be using customized pallet solutions. Light weight items can be moved on light weight pallets saving, transportation and labor. Wood pallets can be replaced by plastic pallets which break less often, have a longer average lifespan, and won t rot or absorb odors.