On June 18, NPR’s Planet Money did a story on CHEP and their “better blue pallets” that are reinventing the pallet industry.
They wondered whether anyone could build a better pallet. Like the mousetrap and the paperclip, it seemed that the design was flawless and could not improve anymore.
They briefly mentioned plastic pallets at the end of the podcast, saying that a company that creates plastic pallets with RFID tracking went bankrupt. As if one company represented the industry as a whole.
Not only that, but this was later corrected as the company was sold to investors after it went into bankruptcy protection and is currently still in business.
Whatever innovative designs appear to change the pallet industry, the design does not dictate material used to build it. Don’t let the pitchforks, torches, and crazy mob make you think otherwise. Continue reading
Brian Pigott is an engineer and customer-centric entrepreneur. Brian is the Managing Director of One Way Solutions.