A Guide to Pallet Buying – Key Points to Consider
09 Sep 2014
Buying pallets is not as simple a process as you might first think. When you begin to look into the pallet market, you might presume that all pallets are the same, but this isn’t the case. There are lots of areas that you need to consider. Spending time researching the market will ensure that you select the right type of pallet for your requirements.
Don’t Just Look at the Price
The budget will always be a key consideration whenever you’re buying goods for your business. However, when it comes to purchasing pallets, it shouldn’t be the only point you consider. Buying an extremely cheap pallet will be a false economy if it falls apart after one job. A less stable pallet will also be more likely to damage the goods it’s transporting or might not be suitable for your specific handling equipment. This would end up costing you more by the time you’ve paid for repairs or a new pallet. Instead you should look at the cost over the whole life of a pallet and how different types could bring you savings in other areas of the business.
Research the Supplier
Don’t be tempted to buy from the first supplier you find, just because you think you’ve got a good deal. Research exactly what’s available, and look at what each one has to offer. The services they provide may vary, such as being able to supply express despatch and shipping options or having a more extensive range. It’s also important that your supplier understands the latest regulations regarding pallet shipping rates and logistics, so that they can provide you with a comprehensive package.
Buy in Bulk
Used plastic pallets suppliers will often give discounts for customers who are buying in bulk, or they may operate a loyalty discount scheme. If you don’t have a need for a large number of pallets, you could look at teaming up with another local business and buy together to reduce the cost.
You might be able to cover some of the cost of purchasing pallets through a partner business. Consider selling your goods as a complete pallet, which will include the initial cost in the sale. If you want to start working in this way, you need to choose a type of pallet that works for both of you. This way it will be compatible with your customer’s equipment and machinery.
What Is the Right Pallet?
You should think about exactly what you will be using it for, as this will dictate which the right pallet for your business is. The majority of pallets are either plastic or wooden, each of which has its own benefits. Plastic pallets are generally more durable and hygienic, whereas wooden ones are cheaper to purchase initially and are a good choice for one-way shipments. Whichever type of pallet you end up buying, doing some research beforehand is critical if you want to save yourself time and money.