Consider bidding for product at a used pallet rack auction as a means to save significant capital investment for your warehouse material handling system requirements. You will be pleased to know that many times the equipment is actually new and is being liquidated indirectly by the pallet racking manufacturer. By advertising under the name of a pallet rack auction liquidator, the manufacturer can avoid customer concerns that the company may be in an over inventory situation.
Used pallet rack auctions are conducted frequently in major warehouse and distribution hubs such as Dallas, Denver, Los Angeles and Atlanta. You do not have to be at the auctioneer location to participate in the auction. Go to any of the liquidator web sites that are listed here and check their inventory, register online and bid anonymously.
I’ve mentioned on other pages that it is not unusual to obtain new and used storage systems for anywhere from 50% off list and up. Expect even greater savings at a pallet rack auction. Just use common sense in inspecting the material just as you would in a traditional procurement process. Insure rack accessories and components are matched to the specification of the lots being sold.
Other Pallet Rack Auction Considerations:
Deal only with licensed and bonded auctioneers that specializes in warehouse material handling equipment.
Ensure shipping is included in the agreed to price.
Account for all inventory prior to releasing the funds.
Determine if the pallet racking is under manufacturers warranty.
The equipment may be auctioned of by the racking manufacturer through a third party. If that is the case, negotiate terms including installation by factory trained installers. Negotiating terms prior to an auction is somewhat out of the ordinary but keep in mind that the goal of the sellers is to get move the inventory as quick as possible, sometime at a loss.
For more information visit our homepage at Pallet Racking Vendors.
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