It’s not a minor expense for companies to build, own, or lease and operate a warehouse. These structures cost serious money that can burn into the company’s bottom line if they are mishandled. They need energy, water, technology and personnel in most instances and these can cost quite a sum.
It is imperative that you are able to maximise the use of your warehouse and turn it into an asset rather than a black hole that drains off your dollars. Here are some helpful ideas on how to do this:
Improve the use of space
Warehouses are large because the company that owns them is in need of space, mostly for storage purposes. Without organisation and the proper use of space, you may not be utilising your warehouse to its full potential. One good idea is to avoid leasing or buying a warehouse that’s too large for your needs or your company.
A smaller one is more practical, plus it will encourage your staff to use the space more efficiently. If you want to identify the size of the warehouse to build or lease, use the goods or products you will be storing in the warehouse as your basis. How accurately space reflects the size of the products when they are stacked will determine the space you need.
Use smart storage systems
Shelvingshopgroup.co.nz noted that smart warehouse storage systems are customisable and allow you to store as many products as possible — within a smaller space without sacrificing safety and access. Apart from storing your products in a system that frees up more floor area, you should also consider how your staff can access the products. If they use a forklift, for example, the floor should be spacious enough for safe operation of the forklift. Smart systems use up more vertical space so that the floor is wider and more accessible.
These two ideas, when combined together, can make your warehouse more efficient and cost-effective.