Those in the warehousing business may have experienced not having enough space to store products at least once. The lack of space could be good news as it signifies positive business growth. Maximising storage space and expanding one’s area is, therefore, crucial for organisation and easy access to inventory.
Sometimes, expansion is not an option for facilities, though. Some can’t afford the cost of construction, land preparation, labour, machinery, materials and equipment required to do so. By properly utilising space, however, retailers can manage storage problems without compromising warehouse efficiency.
Eliminating Obsolete Inventory
Dead inventory can occupy a lot of valuable storage space. Companies that fail to track stock replenishment may have to deal with large quantities of obsolete stock in their warehouse down the road. If they have stringent inventory policies in place and a thorough understanding of customer demand, retailers can avoid obsolete stock from piling up.
Improving Storage Solutions
Rack revamping is the ideal solution for warehouses that want to maximise floor space. They can utilise the entire vertical cube space of a warehouse and create multiple ‘zones’ to improve building clearance, as well as to use spaces across aisles and work areas. The solution is even more important for warehouses that store tiny components, emphasising the importance of smaller parts industrial shelving.
Reducing Storage Density
When storage density reaches 85%, then warehouses have reached full capacity. With that much space occupied, it won’t be able to accommodate new arrivals. Telltale signs of a facility exceeding the proper storage density include overcrowding and the presence of pallets in aisles and receiving and shipping areas. By adjusting aisle width and the intervals of racks, warehouses can be more efficient with their available space.
With the right warehouse optimisation techniques, warehouses can ensure they have sufficient space. By paying attention to the operational requirements, retailers can find the best solution that suits their needs.