Used Reusable Metal Containers Generate Savings of 1500 percent vs Gaylord Boxes
Released on: September 23, 2008, 9:33 am
Press Release Author: Thomas R. Cutler
Industry: Small Business
Press Release Summary: Used Reusable Metal Containers Generate Savings of 1500 percent vs. Gaylord Boxes
Press Release Body: Price savings of Used Reusable metal bins are significant; used metal bins are often 30% - 50% of the cost of new (70% off the new cost). The only expendable bulk solution is a Gaylord box. These boxes sell for $20 each for a good box and one has to buy a pallet. A wire basket might run $80 used. Gaylord boxes might last 4 uses or so, whereas the wire basket would last 200+ (both estimates and depend on usage). The payback comes after only 13 uses. And if the basket lasted only 200 uses, there would be a savings of 1500% compared to using a Gaylord box.
Dave Madden, President of Container Exchanger recently discussed the efficacy of reusable metal containers, noting that, “Automotive molders, automotive components, durable goods manufacturers, metal stamping, metal casting… really absolutely any industrial company that must store or ship intermediate product all benefit from reusable metal containers. In other words, you have sub-assemblies or large parts that are transported to an “internal” customer (a different part of the plant).” Madden provided several example such as the casted transmission housing gets put in a metal bin and is taken to machining and assembly line, or sub-assemblies that are transported to an external company en-masse.
There are many benefits of metal bins including durability and reusability; some are collapsible making return shipments more cost effective. Some metal bins are very heavy-duty, so they can hold a lot of heavy product, like casted or machined metal parts. This product can then be stacked and stored in a relatively small space. Wire baskets are effective because they are affordable. “A light-duty wire basket is pretty cheap for the internal storage volume and they are often used to hold cardboard for recycling or transporting and storing light stamped parts or molded parts,” suggested Madden.
Price savings of Used Reusable metal bins are significant; used metal bins are often 30% - 50% of the cost of new (70% off the new cost). The only expendable bulk solution is a Gaylord box. These boxes sell for $20 each for a good box and one has to buy a pallet. A wire basket might run $80 used. Gaylord boxes might last 4 uses or so, whereas the wire basket would last 200+ (both estimates and depend on usage). The payback comes after only 13 uses. And if the basket lasted only 200 uses, there would be a savings of 1500% compared to using a Gaylord box.
Container Exchanger (www.containerexchanger.com) is dedicated to the sale and resale of reusable packaging and containers. The firm resells folding bulk containers, metal storage bins, plastic industrial totes, plastic pallets, and used gaylord boxes nationwide. When a company is finished using a returnable packaging fleet, Container Exchanger represents the seller and finds a buyer for the used bulk packaging. Sellers enjoy a high sales price for a better return on investment. Buyers save significantly in comparison to new packaging prices.
Container Exchanger www.containerexchanger.com David Madden, President pr@containerexchanger.com 404-551-5599
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