Should You Rent or Buy Wooden Pallets?

by | Oct 9, 2014 | Pallets

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Pallets play a huge role in the retail industry, especially for retailers who need to store multiple products in a warehouse or move items around quickly on the display floor. Huge cost saving warehouses often display products on pallets and rely on strong wood pallets to transport goods from one area to another. Investing in the number of pallets you need can be expensive, especially if your business uses them by the thousands. However, you can choose to rent your pallets, although there are pros and cons to each choice. Before you choose to purchase or rent pallets in Atlanta, consider which option suits your needs the most.

Pros and Cons of Renting Pallets

The largest advantage to pallet rentals is the reduced cost over purchasing pallets. It’s considerably less to rent pallets in Atlanta than it is to purchase the pallets outright. The safety of rented pallets is sometimes higher because the pallets go back and forth from the pallet company to the user, being checked for strength and durability during each change. You also don’t have to worry about making your own repairs. The company you rent from will handle the repairs and the costs associated with those repairs.

Unless cost is your only concern, you may find that renting isn’t going to meet the needs of your business. The reduced cost of renting does sometimes come with hidden costs. If you lose a pallet or there’s a mistake in the tracking of the pallets, you could end up paying for those pallets. There is also less flexibility when it comes to pallet design choices. When you rent pallets, the rental company will often tell you which types of pallets are available for rent. You may find that the design of the rented pallets isn’t conducive to the operation of your business.

Pros and Cons of Buying Pallets

The biggest pro of buying pallets is that you have complete control over your pallets. You can often work with the pallet company to design a pallet that works best for your business needs. You will also have full control of your pallet tracking, making it easier to enact the tracking system you want for your business.

The biggest disadvantage to buying is the initial upfront costs. It will be more expensive to purchase the pallets, and repair costs will also be on your overhead, but you may be willing to pay the price to have more control over pallet production and tracking. When looking into pallets in Atlanta, be sure to have the company explain all rental procedures to help you decide the best route for your business.

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