Supply Chains Seek Alternatives as Wood Pallet Shortages Remain – RM2 (2024)

FAQs

Who is RM2? ›

RM2 is a global, vertically integrated innovator in pallet design, manufacture, supply and logistics management. Its break-through BLOCKPal engineered composite pallet presents significant weight, durability, hygiene, handling and life cycle advantages for superior economics and sustainable performance.

RM2 launched the smart reusable pallet revolution by embedding autonomous IoT sensor technology in its logistically-optimized, hygienic BLOCKPal™ composite pallets.

Since the onset of the pandemic, supply chains have been plagued with material, fuel, and labor shortages – it is no surprise they are experiencing an acute wood pallet shortage as well.

Carton pallets are a single-material made of fibre-based components and can be easily recycled with any other paper material. The simplicity of being light-weight, strong and sustainable, make carton pallets a great alternative to any traditional pallet.

2 Ringgit Banknote

To the right collector, the 2 Ringgit note with the signature of Governor Tan Sri Dato' Ahmad Bin Mohd Don could be worth a whopping RM4,000. Being one of the most wanted pieces by collectors, it is no wonder it can fetch almost double of a fresh graduate's salary.

There is risk management 1 – risk management for external stakeholders (Board, auditors, regulators, government, credit rating agencies, insurance companies and banks) and risk management 2 – risk management for the decision makers inside the company. In this article, I would argue RM1 and RM2 are totally different.

Lumber Amounts Needed Per Pallet

Due to raw material costs being one the most important price-determining factors for pallets, it makes sense that the overall amount of necessary raw materials per pallet will also affect pallet pricing.

Amazon Return Pallets are available at low prices, reducing the barrier to entry for starting a business. These pallets allow you to sell through various channels, including eCommerce platforms, garage sales, and social media, helping you reach a wide range of potential buyers.

Look for the IPPC stamp on the side of the wood to determine how it was treated. Pallets marked with an “HT” were heat-treated and did not come into contact with chemicals during the treating process. Avoid unmarked pallets or those stamped with an “MB” for methyl bromide.

Amazon mandates using ISPM -15 wooden pallets (lumber, plywood, composite, etc.) for the US and EU and most of the other marketplaces. ISPM-15 wooden pallets undergo heat treatment or fumigation to meet the International Standards for Phytosanitary Measures (ISPM) No. 15.

What is a cheaper alternative to wooden pallets? ›

Durable and affordable plastic, steel and wire pallets are a great pallet alternative, used in manufacturing, warehousing and shipping. Wood remains one of the most common pallets used in manufacturing, but we're here to change your mind about pallet alternatives.

Wooden pallets are recyclable, and the wood can be used to make other products such as mulch, animal bedding, or even new pallets. Many recycling centers and waste management companies offer pallet recycling services, and Associated Pallets is one of them.

Timothy Gribben, Commissioner

Gribben provides leadership, policy direction, and guidance for Fiscal Service's efforts to transform financial management and the delivery of shared services in the federal government and oversees bureau operations.

Lindsey was appointed Director General, International Finance in November 2021.

As a Chartered Accountant and Chartered Tax Advisor, Sarah has advised UK and International companies, from start-ups through to larger listed and private equity groups, working across a range of industries.