Of course, with businesses, there is a dilemma in which you are uncertain if you should buy a second-hand or a brand-new one. You would like to have a product that is high-quality but sometimes you worry about the cost and vice versa. For this blog, we’ll tackle pallet racking. What to choose between investing in a used or new one.
It seems like pallet racks have different names, from bulk storage racks, teardrop racks, warehouse racking systems, warehouse racks, and industrial shelves, which may lead to confusion if there are any small differences between them or if they are just all used interchangeably. One thing is for certain pallet racking is a straightforward storage method that arranges material pallets in rows on metal shelves. The system has many tiers of shelves that the forklift can reach. These systems leverage vertical space to boost storage density.
So what should we look into to assess if you are more suited to buy used pallet racks or new ones?
- First off, of course, is to assess your current storage challenges:
- Space constraints
- Inventory growth
- Inefficient picking and storage processes
- Then determine the budget you are willing to put on these racks.
- Evaluate what kind of inventory type you’d be getting. Factor in the weight, size, and frequency of movement
Now that we have that settled, let’s dive in deeper with the pros and cons of each.
Used Pallet Racking
Cost Savings. The most obvious benefit of used pallet racking is the money it can save. Because used equipment is usually less expensive than the new systems, it’s a desirable choice for companies on a limited budget or trying to reduce up-front costs.
Eco-friendly. By purchasing second-hand equipment, it encourages sustainability. Using old systems helps to cut down on waste and the need for new production techniques, which lessen the impact on the environment as a whole.
New Pallet Racking
Durability and Ideal Condition. Purchasing new pallet racking guarantees that the apparatus will arrive in ideal condition. You may anticipate that the parts will last a long time because they are free of wear and tear. New racking systems frequently have warranties, which adds to the assurance of their performance and longevity.
Advance Features. To increase warehouse productivity, new pallet racking systems frequently include advanced features and technology. This might include choices that help improve efficiency and expedite processes, including integrated inventory management software, RFID tracking, or automated systems.
Depending on your budget, the quantity of pallet racking you want, and whether you are concerned about its resale value, warehouse managers must decide between new and used pallet racking. If you need a lot of pallet racking to fill a warehouse, used pallet racking is a great option to reduce your initial investment expenses. You can make an informed choice that maximises the productivity of your warehouse storage and supports your business goals by assessing your unique demands and balancing the advantages and disadvantages of each rack.