Whether out of wood or plastic, lowly pallets are an integral component in the world of shipping. From the manufacturer to the vendor, the importance of the role that they play cannot be stressed enough. Aside from the safety of the goods, wooden pallets also take into consideration the wellbeing of workers, such as warehouse personnel and shipping drivers.
Because of the sheer greatness of pallets, it doesn’t come as a surprise why they are readily accessible. If your enterprise is part of an industry that involves storing, moving and transporting goods, getting your hands on them is a definite must.
This is when the challenging task of deciding between renting or buying comes in. While there are many pallets for sale, there is also an abundance of those that are for rent. There are some factors to consider when you are making a choice, and it all begins with weighing the benefits and downsides associated with each available option for a business owner like you.
Hidden Cost-Efficiency Perk
Especially if you have to work with tight operational budget constraints, renting pallets may seem like it is a more pocket-friendly option than buying them. Pallets for rent come in standard sizes, and each piece is available at a lower cost.
The primary concern with this is that it allows you to use pallets only for as long as what the contract says. Once the terms expire, you will have to rent them all over again.
Although buying pallets may cost more than renting them, it allows you to use your purchase to your heart’s content. The cost-effective benefit of this approach becomes more evident if you constantly have to produce goods and store and ship them somewhere. You can think of buying pallets as an investment with a one-time payment that helps save money in the long run.
Reduced Accident and Customer Dissatisfaction
Since pallets play an important role when it comes to storing and transporting your goods, they must be able to perform their job properly. This requires them to be durable enough to prevent compromising not only your goods but personnel, too.
Accidents can wreak havoc on a business owner’s funds and profitability. For one, it involves shelling out money for medical needs and, in most instances, the benefits of injured employees. The use of inferior pallets can also cause disappointment among customers, encouraging many of them to head straight to the direct competition.
Pallets for rent are easy on the pocket because, most of the time, the quality inspection is outsourced by the service provider to keep operational and, ultimately, rental costs down. Due to this, you cannot fully count on the rented pallets’ integrity.
On the other hand, the inspection of pallets for sale is commonly done by the employees of the companies offering them. Especially if you opt for a reputable pallet vendor, you can have peace of mind that accidents and customer dissatisfaction are less likely.
Brand and Reliability Establishment
Rented pallets are designed to make the companies that own them spot them easier. The pallets that you buy, in contrast, can be personalised. Such helps strengthen your brand as it gives the impression that you have the means to own rather than rent pallets.
Pallets bearing your business name not only bolster the reliability of your enterprise and goods but also make your prospective customers know about your existence.