The management of a warehouse is a key element to any company. Warehouses store the product that will eventually be shipped out and turned into big money. How you go about treating your warehouse can mean the world come down the line. Here are some tips on how to optimise your storage space.
Organize Like Your Profit Margin Depends on It
It’s economically safe to say that your revenue will be directly impacted by how organized your warehouse is. A dishevelled storage space means that you’ll waste time gathering and shipping out supplies to your customers. Time spent gathering supplies means that less time can be allotted to other tasks. Turn your warehouse into a well-organised catalogue of products by compartmentalising sections into categories.
Inspect Products Upon Entry
When products enter the warehouse they should immediately be organized. A team should be tasked with verifying that all incoming product is up to par. Supplies should be marked won in a system and then placed on the appropriate shelf.
Frequent Safety Check-ups
The warehouse is a dynamic place that’s constantly in flux. Heavy boxes as well as machinery are being moved on a daily basis. All this action means that safety check-ups must be part of the daily process. Creating a safe environment will mean that employees will be injured less and efficiency will remain high.
Create a Proper Tracking System
Your company’s storage space is its treasure chest. That being so, it’s of the utmost importance to keep track of your gold. Use a digital system that puts every piece of product into a catalogued system. The system you have should extent to keeping track of employee hours, equipment maintenance, as well as shipping. Make sure that everything that can be turned into a statistic is done so.
Organize Around the Exit & Entry Point
Create open space around the exit and entry points of your warehouse. These areas will receive more action than any other part of your storage space. Make sure the most active goods are stored next to the exit to smooth out and wrinkles of time in the shipping process.