Nearly every product you see today, no matter where in the world you are, has been transported on a pallet at some point in their journey to the consumer. They are the indispensable backbone of the supply chain, carrying as much as 80% of U.S. commerce overall. The outbreak of COVID-19 brought with it massive demand shifts, resulting both from the sudden necessity of essential goods as well as increased interest in particular markets stemming from stay-at-home orders and work from home practices.
Having an efficient supply chain is key to any business, being the avenue through which your products reach their intended customers. But overseeing this supply chain to ensure it is running smoothly at all times can be a large and laborious task. For many business owners, it is simply a thorn in their sides. Total Pallet Management, or TPM, is an end-to-end service that undertakes the handling of every aspect of the supply chain for you. If you’re unfamiliar with TPM, however, you may wonder what might necessitate the use of such a comprehensive service.
Total Pallet Management, or TPM, is a program in which a provider oversees a customer’s entire pallet operation. At Prime360, we use our expertise to provide comprehensive, customized TPM services for our customers, allowing us to reduce costs, increase efficiency, and improve sustainability. Inventory, transportation, labor, quality, scrap management, and more— Total Pallet Management service is our avenue to optimizing your supply chain at every level.
Pallets are the foundation of any supply chain operation, no matter what product is being shipped or how that product may be transported. Yet, for those unexperienced in logistics management or new to the business of transporting goods, choosing the appropriate pallet for their business may appear as a simple decision between different materials—a significant reason why many retailers choose to utilize Prime’s pallet management services.
As with any new method or product, however, many supply chain technologies have come and gone with little to no benefit added to the user; for example, radio-frequency identification or RFID tags, which were intended to track items from manufacturer to customer, were ultimately found to be too cost prohibitive to have any real benefit. For companies, this muddies the waters when looking to invest in advanced systems. Prime360 offers the services of and support for technologies proven to create tangible benefits for companies looking to increase efficiency, promote safety, improve sustainability, and more, backed with the expertise to ensure seamless integration with existing practices and structures.
Stores are an integral part of the supply chain, to say the absolute least. As the point of contact for customers to receive products and services, ensuring optimal operations at each location is crucial for continued success. Yet, with concerns such as delivery times and volume increases can, at times, make achieving peak efficiency a complicated task. Further, with limited store capacities, many retailers find scrap pallets and the question of their disposal to pose a serious and reoccurring issue. Piling up in stockrooms and storage areas, pallet cores, odds, and scrap can easily accumulate into a serious drain on time, labor, and resources, costing large amounts of revenue to manage.