iGPS customer savings exceed $100 million

ORLANDO, Fla. — Intelligent Global Pooling Systems said it has helped customers save more than $100 million since the company entered the market in 2006.

iGPS — an operator of the world’s first pallet rental service to provide lightweight, 100% recyclable plastic pallets with embedded radio frequency identification tags — said its savings counter, located on the company's website, clicked over to nine digits last Saturday morning.

Studies conducted by iGPS customers have documented that use of iGPS pallets results in savings of as much as $2 per unitized load versus wood, iGPS said.

“Taking this level of cost out of the supply chain is a milestone to celebrate for us and, most of all, our customers,” iGPS chief marketing officer Lewis Taffer said. “Our pallet and associated logistics provide supply chain efficiencies that go straight to our customers’ bottom lines. This is a true win for everyone.”