In order to tailor its rental offering, RM2 will identify the direct cost of deliveries including pallets, transportation, fuel costs and labor. In addition, RM2 will estimate ancillary or indirect costs such as pallet product damage and returns, inspection, repair and cleaning, handling inefficiency downtime, as well as the number of pallets required to adequately populate the pallet pool for maximum supply chain efficiency.
With this audit, RM2 can deliver fair and accurate “cost per trip” of each pallet based on the anticipated number of trips per annum that each pallet will make. Equally important, the audit will reveal how operational efficiencies can be gained and sustainability goals be met. For example, the BLOCKPal pallet’s material possesses a strength-to-weight ratio superior to wood, and provides a weight transportation savings when compared to typical multi-trip wooden pallets. This translates to reduced fuel usage and associated emissions to transport the same quantity of goods; hence driving down the cost per unit.