“How would that situation arise?” we hear you say, and if you have an efficient and productive warehouse operation with exactly the pallet racking that you need for your requirements, it is true that on the face of it you are not likely to want to dispose of what is for you a key asset.
However, the day may come when your business is so successful that you may need to reorganise your storage facility, and replace your existing pallet racking with warehouse storage materials of a different type. In that case you will want to offset the cost of your new pallet racking by realising as much as you can in disposing of your existing racking.
You may decide to relocate your warehouse for some reason. This could happen, for instance, because you need more space for an expanding business, and having already squeezed as much value as possible from your existing premises the best option for you is to move. If this is your situation you may well seek to adapt your existing pallet racking in your new warehouse, but often that is not possible, and the best option is to start again with fresh racking and shelving.
If a business fails and it has a warehouse which is fitted out with pallet racking, the receiver will need to dispose of the assets of the business as productively as possible.
Even if a business is not failing, it may hit a spell in which cash flow is not so good, and in that situation selling its pallet racking may be a means of improving liquidity.
There are undoubtedly other situations in which you may have a need to dispose of a quantity of used pallet racking, but hopefully the above scenarios give you the general idea.
Probably the first thought for you in this situation is selling your used pallet racking for scrap. This is a fairly hassle-free option. The scrap merchant will visit you, examine what you have to offer, and quote you a price for your second hand pallet racking. The merchant will not be too concerned with the condition of the racking you are selling, and once you have agreed the price, the scrap merchant will collect the pallet racking from you and pay you for it. Your disposal problem has then been solved.
Yes, you have got rid of the pallet racking, but have you got the best price? The price you are given will reflect the current prices on the metals markets, it is true, but can you do better than that?
What about the environmental aspects of disposing of used pallet racking? Is scrapping the best option? There seems a fair chance that you are adding to the world’s considerable ecological problems, and most of us would probably prefer not to do that.
A lot of people are not aware that quite a number of companies exist that buy and sell second hand pallet racking, and these businesses have a constant need to buy in new stock. Here is another option for people who want to sell their old used pallet racking. If you contact one of these businesses their assessor will visit you to examine the goods. Obviously, your used pallet racking will need to be of resaleable quality, but if they are happy to buy your stock they will quote you a price which is based on market values. This may be above the prices generally paid by scrap metal dealers.
Once the sale is agreed they will dismantle and collect your used pallet racking, and pay you the agreed sum. Specialist pallet racking companies, such as Pallet Racking Systems will come around to your premises promptly and dismantle the racking. Not only does this potentially save you a lot of time and effort, it also means that the dismantling will be done safely by experts.
Apart from the above advantages if you sell your used pallet racking to a specialist, you will, no doubt, derive some satisfaction from the knowledge that through the process of being resold your pallet racking is being recycled. From an ecological point of view this is a much better option than scrapping the material.