iGPS Announces 'iGPS biosTM,' a New Pallet Rental Service Designed Exclusively for the Pharmaceutical and Life Sciences Industries
Operator of the world's first pallet rental service providing all-plastic pallets with embedded RFID tags offers a new level of pallet quality, hygiene, security and supply-chain visibility for critical healthcare industries
ORLANDO, Fla., Oct. 19 /PRNewswire/ -- Intelligent Global Pooling Systems (iGPS Company, LLC), operator of the world's first pallet rental service providing all-plastic pallets with embedded radio frequency identification (RFID) tags, announced today that it is offering a new, premium-level pallet rental service specifically designed to meet the unique needs of the pharmaceutical and life sciences industries. The new service-"iGPS biosTM"-follows a year of research into the unique needs of these critical industries, and provides a level of pallet hygiene and security that cannot be achieved with pallets made of wood or other organic materials.
"The pharmaceutical and life sciences industries are so critical to our economy and our wellbeing. They deserve a shipping platform that is commensurate with their importance and consistent with the superior hygiene standards they exemplify," said Bob Moore, iGPS Chairman and CEO. "We are proud to offer iGPS bios, which is a quantum leap beyond other platforms available today."
"The iGPS bios program consists of several premium elements," Moore said. "First, each iGPS pallet-the world's only rental pallet to achieve NSF International Food Equipment Certification-is inspected to ensure that its condition is pristine. Next, each pallet is individually washed and sanitized at an iGPS facility, then immediately enclosed in protective wrapping to maintain its hygienic condition. This wrapping will prevent bacteria, pathogens, and chemical contaminants, whether airborne or on supply chain surfaces, from contaminating bios pallets. The iGPS bios pallets delivered to our customers will be ideal for their purposes-lightweight, robustly constructed, hygienic, made of inorganic material and discretely traceable across the supply chain. Pharmaceutical companies that utilize the iGPS bios program can be confident that the pallets they receive from iGPS are new or like-new and are free of paint and toxic pesticides and fungicides, like TBA. This level of hygiene and platform quality is impossible with pallets made of wood."
Each iGPS pallet has four RFID tags embedded in its frame, which enables tracking and tracing throughout the supply chain. In addition, iGPS has begun deploying Spider® AT tags throughout its pallet fleet. The Spider® AT is a battery-powered GSM/GPRS/GPS wireless tag that can transmit critical information about iGPS pallets, including iGPS-defined alerts, specific events and highly-accurate pallet location.
Pharmaceutical companies shipping on iGPS' platform realize unequalled sustainability benefits, as well. An independent life cycle analysis has documented that iGPS pallets are dramatically better for the environment than both one-way and multi-use wood pallets on every commonly-measured metric, including global warming, ozone layer depletion and ecotoxicity. Over the course of five years, iGPS customers have cumulatively prevented the destruction of over 600,000 trees, saved 635,000 gallons of fuel and averted nearly 14 million pounds of greenhouse gas emissions.
Switching from wood pallets to iGPS yields game-changing operational savings, as well. Studies performed by iGPS customers consistently show bottom-line savings of up to $2 per pallet load, thanks to lower transport costs, dramatically reduced production downtime, larger loads per pallet, reduced product damage and fewer rejected loads.
About iGPS
iGPS operates the world's first pallet rental service providing shippers and receivers with lightweight, 100 percent recyclable all-plastic pallets with embedded RFID tags. Its highly engineered platform-the world's most advanced shipping pallet and the world's only rental pallet to receive NSF International Food Equipment Certification-is rapidly replacing wood as the platform of choice among the world's most innovative companies. Businesses that switch from wood pallets to iGPS realize game-changing savings-as much as $2 per unitized load-thanks to lower transport costs, reduced production downtime, reduced product damage and fewer rejected loads. iGPS' pallet is also a major advance in supply chain hygiene-a platform that is easily cleaned, will not absorb fluids that can lead to contamination and never requires treatment with toxic pesticides and fungicides. An independent life cycle analysis has documented that iGPS' solution is dramatically better for the environment than both one-way and multi-use wood pallets. Launched in March 2006, the company has created nearly 2,000 new green jobs in the U.S. and is led by pallet and supply chain veterans with decades of experience. iGPS (www.igps.net) is headquartered in Orlando, FL and operates its state-of-the-art National Sales and Innovation Center in Northwest Arkansas.
SOURCE Intelligent Global Pooling Systems (iGPS)
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