If your business has grown into a successful, well-known brand, chances are it is beginning to outgrow its current storage space. Limited storage can lengthen the supply chain and cause the cost of sales to be unnecessarily high.
The benefits of increasing your business’ storage capacity include: the option to purchase larger quantities of stock (often lowering the unit price), the ability to broaden the stock range, and to allow a safer working environment for yourself and your employees.
Poor storage is an accident waiting to happen. If you find yourself low on room, don’t be tempted to allow your stock to spill over into walkways and aisles, or precariously balance items in positions where they might land on someone. The last thing your successful business needs is a lawsuit.
There are a number of cost-effective storage solutions out there and many businesses that specialise in providing a variety of options for you to choose from. For example, Warehouse Storage Solutions Limited offer an extensive range of remedies to resolve your storage problems.
Below are some of the most common and cost-effective ways to improve your business’ storage space:
A simple solution like mezzanine flooring can almost double your existing storage options by creating extra levels using, otherwise wasted, overhead space. The alteration doesn’t always require planning permission and is generally quick and affordable to implement.
Mezzanine flooring isn’t a ‘one-size-fit-all’ purchase, it’s specifically tailored to fit the space available, meaning it can meet your business’ exact needs.
Pallet racking allows a business to store its stock on pallets across multiple levels. Different types of pallet racking are available for different storage requirements, making it easy to find the perfect fit for your business.
Standard pallet racking allows access to any pallet, without having to move other pallets. Drive in pallet racking allows high density storage in a small area and usually means some pallets have to be moved in order to gain access to the other pallets. Although both of these types of pallet racking require a forklift, they do not require any specialist equipment.
Narrow aisle pallet racking is a condensed version of standard pallet racking, again ideal for smaller areas. For this type of storage specialist equipment, such as a narrow aisle truck, is likely to be required.
There may come a time when you’ve not only outgrown your storage space, but your business space as a whole. When that time comes, it’s an ideal opportunity to prepare and modernise the storage area at the new premises before you even call the removal firm.
Making some adjustments before the move takes place, like the ones listed above, can streamline the move and enable the business to expand immediately after relocation. This will help speed up the process of achieving a financial return on the investment you have just made.
Excellent storage is the key to business expansion. Although it’s often overlooked, it is regarded as an investment that will make a huge difference to a business’ outgoings.
Having more room to store goods can, in some cases, cut out the middle man, allowing the business to receive goods directly from the manufacturer at a far lower cost. This then gives you the choice of either passing the savings onto the customers (undercutting the competitors) or achieving higher profits on the items that your business is selling. The decision is all yours; it’s nice to have options.