Leverege's Smart Pallet Tracking IoT solution enables organizations to transition to plastic pallets, saving costs, and maximizing ROI by increasing average turns, holding customers accountable for returns, and never losing a pallet.
By: Leverege
Last Updated: October 13, 2024
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Smart Pallet Tracking - Leverege
Leverege's Smart Pallet Tracking IoT solution enables organizations to transition to plastic pallets, saving costs, and maximizing ROI by increasing average turns, holding customers accountable for returns, and never losing a pallet.
In the shift from wooden to plastic pallets within the manufacturing and supply chain industry, Leverege's Smart Pallet Tracking solution emerges as a game-changer, addressing the cost and durability issues associated with wooden pallets. Despite the higher initial investment, plastic pallets, with their decade-long lifespan and capability for 400 uses, present a more economical choice over time.
Central to Leverege's innovation is the advanced pallet tracking technology that significantly boosts the return on investment (ROI) for plastic pallets. This technology enhances pallet utilization efficiency, ensures rapid returns through financial incentives, and virtually eliminates pallet loss with precise, automatic tracking.
By targeting and alleviating supply chain bottlenecks, Leverege's pallet tracking not only reduces the need for excessive pallet inventory, thereby cutting capital costs, but also streamlines operations. Real-time tracking provides immediate insights into each pallet's location, facilitating quick recovery if misplaced or stolen, and securing the investment in these essential assets.
Leverege's Smart Pallet Tracking system offers a comprehensive, tech-driven method for managing the wooden to plastic pallet transition. By leveraging sophisticated tracking and analysis, it provides a strategic advantage in optimizing pallet usage, enhancing operational efficiency, and maximizing long-term ROI on these vital resources.
Plastic Pallets Lead to Over 50% Cost Savings
Plastic Pallets Are More Cost Effective Long-Term: Plastic pallets last up to 10 years, averaging 400 turns per pallet, meaning lower total pallet costs plus less time spent cleaning up wood splinters.
Track Pallet Location to Maximize ROI
Identify Bottlenecks to Increase Average Turns: Higher turns means fewer total pallets needed and lower capital costs. View average turn time by origin location, destination, etc. to identify bottlenecks and increase efficiency.
Get Your Pallets Back Faster: Knowing the location of your pallets enables you to hold customers accountable, levying fines and/or providing rebates for returning your pallets in a timely manner.
Never Lose a Pallet: Easily track down misplaced or stolen pallets with automatic pallet location.
Pallet Tracking Solutions Powered by Enterprise-Grade & Future-Proof IoT Stack
Leverege's highly flexible cloud-native software stack accelerates the development, deployment, and management of your pallet tracking solution while reducing the costs and overhead of ongoing management.
Deploy Pallet Tracking IoT Solutions Your Way
You don't need to sacrifice customizability to get speed and scalability, you can have all three. The Leverege IoT Stack enables you to flexibly deploy your supply chain IoT solution based on the needs of your business and the use case.
An Intelligence-First Approach to Supply Chain IoT Solutions
Enhance your decision-making processes by utilizing enterprise AI/ML pipelines for predictive analysis and optimizing workflows. Simplify the management of alerts, analytics, and events using a no-code rules engine. Without any coding, design custom dashboards and data visualizations, and convert sensor data into actionable insights using a dynamic application builder, thus refining your operations.
Inherently Secure Solutions
Every Leverege solution meets the utmost security standards, consistently subjected to external audits and penetration tests to guarantee adherence to current regulations. Leverege integrate security at every phase of the development and deployment process for IoT applications created using the Leverege IoT Stack.
Leverege is a physical operations intelligence company, empowering large enterprises to deploy proven IoT+AI solutions built on a highly configurable software stack so you can minimize risk, accelerate time-to-value, and tailor solutions to your specific business needs.