No single factor consistently influences supply chain decisions as much as cost reduction. This cost containment focus was confirmed by research released early this year by MHI and Deloitte in the 2014 MHI Annual Industry Report in which 70% of respondents named “controlling costs” as a top priority. Certainly pallets are no exception to this imperative.
In Modern’s annual survey of pallet users, purchase price remains the top driver of usage with 60% of respondents saying price was the most important factor in their decision to use a certain type of pallet. The needle may move on other influencing factors and pallet use trends, but pallet decisions are made with cost and value in mind.
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