What is TPM?
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.
Why is it Called TPM?
Our business was conceived with the goal of providing customers relief from the pressure of pallet operation management, taking up services outside of their core competencies they did not have the resources nor desire to establish. Over time, feedback from these customers allowed us to determine the exact services they needed to allow them to worry less about pallets, waste streams, and recycling, and more about their business and its success. The result of this process was our existing TPM program, which covers— as the name suggests— the totality of your pallet needs.
How is a Customized TPM Program Created?
We use data and information collected through thorough research to determine the best courses of action for each customer. On the ground, we use onsite interviews and assessments of operational efficiency, pallet quality, safety compliance, and more to grasp a full image of the existing supply chain. Meanwhile, we collect market and field data, conduct distribution research, and study demand trends closely to identify factors relevant to the customer’s particular industry.
Is Pricing Flexible, or Fixed Rate?
Just like the program itself, our TPM services are offered at custom rates adjusted to fit the exact requirements of our customers, not at a predetermined fee of service. Our pricing reflects only what the customer wants and needs.
How can TPM increase efficiency in the supply chain?
Through Total Pallet Management, we use a wide variety of strategies to ensure our customers’ operations run at peak performance. One example of these is maximizing the reusability of pallets through quality sorting and performing and enhancing onsite repair programs. For our customers, we closely examine each individual supply chain to identify the greatest sources of inefficiency and provide targeted solutions to remedy them, whether they be in space utilization, vendor compliance, scrap solutions, or elsewhere.
How is Labor Optimized through TPM?
Our TPM programs not only equip laborers with the best quality training in safety and equipment operation, but actually provides labor for our clients. Experts are deployed onsite to ensure labor management is done properly and directly, increasing productivity, and removing one less of our customer’s burdens. Meanwhile, regular audits are performed to ensure best practices are in place and safety precautions are consistently adhered to.
How Will TPM Help to Reduce My Carbon Footprint Overall?
Our first step towards greener operations is to evaluate our customers’ total carbon footprint, identifying their primary sources of energy usage and carbon emissions and using the EPA calculator to illustrate in real numbers their environmental impact. As our sustainability programs reduce new pallet purchases, optimize freighting efficiency, and repurpose end-of-life pallets, we’re not only improving sustainability— we’re reducing total costs and creating new revenue streams in the process. And as these improvements roll out, we present to our customers the raw data to confirm that their desired results are being achieved.
What are Some Techniques Used to Improve Sustainability Through TPM?
Yes. Our number one strategy for improving sustainability is the establishment of a reverse logistics system in our customer’s supply chain. With reverse logistics, pallets are circulated in a loop that keeps usable pallets in service for as long as possible while disposing of pallet cores using environmentally friendly, value-added methods. Repair significantly prolongs the lifecycle of pallets for reuse up to seven times. Following that, recycle and reuse programs process end-of-life pallets for several applications that keep the materials in circulation and out of landfills, such as biomass fuel and chipboard.
How does TPM Reduce New Pallet Purchases?
Our repair and reuse programs do not only increase operational sustainability— they ensure that pallets are used to their absolute utmost potential. Each recirculation of a pallet represents what otherwise would have been a newly purchased pallet. Each one is used throughout the supply chain and is ultimately pushed back in to make additional trips. Meanwhile, vendor compliance evaluations ensure that each incoming pallet is of top quality, reducing the need for multiple or extensive repair between uses.
What Does TPM Do to Increase Cost Savings?
Our 360° model has saved our customers millions in new pallet purchases. Yet, this isn’t the only avenue through which TPM saves money. We improve storage utilization, utilize safety training to reduce workman’s compensation and insurance payouts, and diminish transportation costs by using all available trailer space. What’s more, Total Pallet Management can in fact drastically improve pallet revenue by establishing vendor chargebacks and rebates, improving pool pallet revenue sharing, and turning scrap pallets into value-added products ready for sale in other markets.
How does TPM Assist in Facilitating Transportation?
As flexible service providers, we have a number of strategies intended to make transportation easier and more cost-effective for our customers. Our expansive network includes partners in transportation, with whom we collaborate to assist with store sweeps and outbound activities. Meanwhile, we also have the capabilities to coordinate with our customers’ own transportation providers to facilitate more efficient operation. As we work onsite, we provide recommendations that point clients toward getting the best value out of their transportation activities.
What Waste Streams Will Prime360 Handle for me?
We manage waste and scrap products of virtually any type in customer locations. This includes pallets, customer returns, pooled pallets, cardboard/OCC, and other common waste materials such as plastics, totes, Styrofoam, and pressed wood. We may even offer janitorial services if a customer so desires. We’re product agnostic, meaning listen to our customers and handle anything and everything they may need.
Does TPM Deal With Upstream Operations, or Downstream?
Both! Upstream, we use vendor compliance studies as part of our Pallet Optimization Program (POP) to survey the quality of pallets entering the supply chain and ensure that all meet the standards required by our customers, including safety. Along with this, we establish chargebacks that provide customers compensation for noncompliant pallets. Downstream, we provide continuous recommendations identifying where operations can be made more efficient and cost-effective. This includes improving sorting systems, optimizing repair and reuse programs, maximizing storage usage, and more— even down to offering store sweep solutions to manage shipments at even the most remote locations.
Total Pallet Management with Prime 360
Prime 360's Total Pallet Management services offer unparalleled support in overseeing our clients' entire pallet operations. This service is built on a foundation of over 40 years of experience in a wide range of industries. Our holistic approach to pallet management utilizes several channels of data analysis to identify key inefficiencies in your supply chain.