SEPTEMBER 2022
Motivated by a need for their own pallet operations business, Alan and Thomas set out to create the first-ever barcode-based tracking system for pallet repair lines. This software is widely used in the pallet industry today and is lauded as one of the most innovative solutions and a game-changer for many pallet recyclers.
With over 30 years in the pallet business and an in-depth understanding of customer needs, Alan and his team developed real-world solutions to meet them.
One such solution was the Pallet-Track® Suite, a line of software products designed to provide turnkey solutions with ERP, Plant Floor data collection, Inventory adjustment, compensation, trailer tracking, electronic BOLs, and more. IDS’ primary goal is to help pallet companies and sawmills gain control of their business and finances.
“Investing in and improving this important technology, which is vital to our industry, is one of the key drivers for this acquisition,” said Mike Hachtman, CEO of 48forty. “Not only will 48forty benefit from using the tool, but so will existing and future customers. As our industry grows and pivots to meet additional demands, this best-in-class software will be critical in supporting complex manufacturing environments associated with recycled, new, and custom pallets.”
“Being acquired by 48forty is a monumental step in improving our software platform Pallet-Track® for our customers,” added Alan Miceli, President, Innovative Data Systems. “We have an opportunity to invest in, grow, and enhance our products and services for the pallet industry, which has been the key driver in the success of IDS and Pallet-Track®. Our joint commitment to improving Pallet-Track® enables us to serve customers with this great product forever.”