There are many ways that a Pallet Tracking Pro can help your business. They can make your warehouse operations more efficient, helping you save money and time.
Various technologies, such as barcodes, GPS, and NFC, track pallets in supply chains. All of these systems can help you keep track of the location of your pallets at any time.
Inventory Management
A key component of inventory management is tracking and controlling your inventory. This is important for many reasons, including cost control. It allows you to know when items are running low and whether you will need to purchase more in the future.
Accurate information about your inventory can help you make better business decisions, such as choosing the right product to sell or increasing your warehouse space. It can also help you determine which areas of your supply chain are ripe for improvement.
As a result, it’s imperative to implement a reliable system for tracking your pallets. This can be done with various techniques, from barcode scans to wireless tracking technology.
Another way to track your pallets is through a software-based program that can be accessed from any computer or mobile device. The software will then provide you with a detailed report on the condition and location of each pallet.
One of the most significant advantages of using a software-based system is that it can be used across multiple departments, giving you a complete view of your inventory. This can help you avoid pallet shipping costs mistakes, such as missing shipments or having stock go on sale before it’s sold.
Enhanced Material Management
The Pallet Tracking Pros use a combination of RFID and IoT sensors to enable companies to gain actionable business insights, quantifiable benefits, and a fast ROI. This data can highlight supply chain bottlenecks, handling and collection issues, and route inefficiencies throughout the logistics network.
The system dashboard allows users to monitor inventory levels, customized replenishment policies, pallet status and alerts, and more. These features help to manage the life cycle of pallets, which increases efficiency and reduces waste throughout the supply chain.
A layered architecture consisting of a perception layer, network layer, decentralization layer, and service layer is proposed to build this service. The system integrates cloud and IoT services for managing the information flow between pallet pooling service providers and users.
Moreover, the system can authenticate pallets with tag-based and location-based features. This ensures that only legitimate pallets are allowed in the system to ensure that the inventory level is controlled and maintained correctly.
By combining BIoT technology with blockchain, the system can facilitate new business models and establish trust among logistics and supply chain parties. This leads to a collaborative, closed-loop pallet management strategy. This can reduce the overlapping and redundancy of logistics services, allowing companies to focus on their core businesses. This can increase their productivity and profitability. It can also reduce the cost of inventory management and improve their overall sustainability.
Reduced Waste
Aside from the obvious environmental benefits, pallet recycling is one of the simplest ways to make your business more sustainable. It reduces waste, conserves resources, and helps keep your costs low.
In fact, according to the USDA Forest Service, 95 percent of all pallets in use in the US are recycled. Using recycled materials also saves on labor and transportation costs.
Another way to save on your carbon footprint is by tracking the materials used in your products and services. Tracking your material usage allows you to maximize landfill diversion by identifying what is being thrown away and how it can be recycled.
There are many ways to achieve these objectives, and the Pallet Tracking Pros can help you find the right solution for your business. Our solutions include various tracking devices, including RFID tags, IoT-enabled sensors, and more. Our solutions are designed to make a difference in your bottom line.
The best part is that we can deliver all these nifty features through a fully managed program tailored to your needs. Our solutions will help you meet waste reduction goals while enhancing your bottom line with a more intelligent supply chain. Our team of experts will work with you to identify what works for your operations and budget, ensuring that we create a cost-effective and efficient solution that provides your organization with the tools it needs to succeed.
Increased Efficiency
When companies need to optimize their shipments and minimize delays, they turn to pallet tracking systems. These systems allow businesses to monitor a wide range of information, such as the number of pallets in storage, where they’re located, and where their goods are shipping.
Many businesses have a strong track record of saving money on freight costs by optimizing the number of pallets they ship and avoiding unnecessary shipping fees. For example, Costco found they could lower their water bottle shipping costs by 2-3 cents per carton by tracking the pallets used to transport these items.
Another way in which businesses can save on shipping costs is by tracking returnable transport packaging (RTP) in their supply chains. Loss and theft of this type of transit packing can be costly, so monitoring it helps ensure it returns to the supplier.
RFID technology is often considered a good choice for tracking returnable transit items because it can be used on any container. Additionally, it can withstand extreme temperatures and water emersion. It is also more reliable than barcodes, so it’s easier to integrate with the packaging materials. It can even provide real-time tracking and other data, such as temperature and humidity.
