How to Avoid Pallet Surprises and Plan Accurately for 2023

Tired of waiting longer and paying more for almost all commodities?  We are too.  Next year, delays and wholesale price hikes are less likely to be the dominant concern. Instead, be prepared for the following:

1. Labor – In 2023, labor will be the prevailing challenge. In the pallet industry, most companies will try and retain workers rather than laying off during slower seasons. The cost to employ workers year-round will be absorbed into the overall pallet and container production costs.
2. Material – Prices for lumber and nails are coming down, especially for softwood lumber material. Yet, it won’t help lower pallet prices to pre-pandemic era. That’s because many pallet companies are working through existing (more expensive) lumber inventories.
3. Economy – Many economists are bracing for the worst to hit in 2023. However, the pallet industry remains strong and will be sheltered from the worst of any downturn to come.
4. Supply/Demand – With economic uncertainty, consumers are tightening their belts and retailers are holding less inventory. That means lower demand than 2022 (yet still healthy) and more available supply.
5. Inventory – After Christmas, retailers will likely reassess inventory and perhaps move to just-in-case inventory rather than stockpiling for just-in-case.

There’s no doubt pallet quality, supply, and price have all been affected in 2022. While next year is looking better, there will still be obstacles to overcome.

Rose Pallet is here to help you navigate changing conditions and avoid any disruption to your supply chain. We have cost effective solutions to move your goods from here to there safely. Let’s talk today so you can meet all your delivery demands next year.