Founded in 2007, RM2 is a vertically-integrated innovator in pallet development, manufacture, supply and management. Recognising that there are significant costs and drawbacks associated with traditional pallets, RM2 has established a disruptive presence in global pallet supply and aims to improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets.

RM2 has designed and manufactured the BLOCKPal™ pallet, a multi-trip, heavy duty composite pallet that is suitable for use in both automated and manual areas of the supply chain where there are high levels of movements. The composite material and the associated manufacturing process is designed to bring qualities of strength, durability, flexibility and scale of production as well as other benefits. The BLOCKPal™ pallet has been independently tested by leading institutions and has been shown regularly to outperform comparable products and industry standards.

RM2 aims to change the way its customers look at pallets from a consumable to an asset that can generate significant accretive profit margin. To do this, we align ourselves with potential customers – typically large manufacturing, distribution and retail businesses – to provide an integrated solution to their pallet and pallet movement needs, whilst interacting with other logistics partners, as necessary. RM2’s products have been developed in consultation with these customers and are designed to provide receivers of goods with greater visibility over costs and the ability to reduce the direct and indirect costs associated with inbound goods movements.

RM2 can supply its pallets and the associated services on a rental basis to closed loops or by outright sale and its production method is versatile enough to easily supply standard or bespoke pallets.


http://www.rm2.com/main.php

Cynic, I have still not got hold of this security issue. eg henry smith has 100 pallets of goods ( Take it its only the pallet tracked and not the items) delivered. So RM2 will have recorded for the sender and of course the renter of the pallets that Henry smith has a 100 of RM2's pallets rented by the sender. Am I missing something, where is a security risk ?

You will always have the man on the gate as a security issue, perhaps more than the tracking.

it's confidentiality risk about which companies are very concerned ..... competitors have a great interest in knowing who your clients are, who the consignees are, where the goods are loaded etc etc

i'm talking about international trade, not a pallet or two of bricks or whatever being delivered to the local builders yard

if X actually owns his pallets or whatever, then he will also be in sole control of the tracking system
not so if he is renting

i'm not guessing .... i'm telling you the way it is

I'm not saying you are guessing, as you can understand just trying to get hold of the concept. Good to talk to you and jimmy who understand the business.

So at the end of the day the choice lays with the company if they want to hire tracked or untracked pallets from RM2.

no idea
if these tracking devices are somehow and normally built into the corner blocks - but how would the signal then be picked up? - it would be difficult to build without the device and/or to identify which pallets did or did not have the device - different colour corner blocks perhaps?

Cynic those pallets will not be rented for a couple of pallets of bricks i can assure you ,they have tracking on them so that folk like that can't start using them as i said Chep pallets ended up all over the place.. Plus companies have tracking on the goods not pallets ,those pallets are not returned .

whatever you say
and as i have said before, i very much like the concept of these composite pallets, and merely raise some almost peripheral questions

i can only tell the score from the perspective of our own international industry that moves liquid chemicals and gases in much more expensive kit - about £15,000 per standard to about £70,000 for some of our more specialised kit

Still to early for me to invest. Like you said in an earlier post cynic, may take a year or two to develop. Very interesting.

Same for me DC ...

Thanks for both of your inputs. :-))

I still think the most important point was raised by skinny on the IPO thread:

skinny - 30 Dec 2013 16:44 - 312 of 354

But can you burn them?

Don't be so tight and go and buy some logs. :-))

Going to need a regular supply of news to keep the interest, could well fall otherwise.

I think you'v got that right DC ..

Pleased we did not go in at 111p early on jimmy b. Nice to get the call right between us.

love and kisses all round!

You can join in halifax we'll have a group hug :))

Down over 5%

Lot of hype with this float which has yet to be justified. I am over 10p down on the shares I bought on 6th jan.