Adequate warehouse storage space is an essential component of successful logistics operations. But don’t pay for more space than you need. Effective warehouse space management practices will help you get the most out of your storage space.
These tips to optimize layout will help you use your storage space efficiently and get the most for your money.
Optimizing Warehouse Layout
Good organization starts by assessing a warehouse’s floor plan and its ability to meet your needs. Depending on your company, you might need dedicated spaces for receiving, storage, packing, shipping, raw materials, manufacturing or assembly, and offices, so the facility needs to be able to support it all.
A hallmark of good warehouse space management is when the layout allows for easy picking, packing and shipping of orders. Store similar-size items on the same racks to avoid toppling and maximize shelf storage. This will also help reduce the risk of small items getting lost among larger items by increasing visibility.
Using Warehouse Space Effectively
Successful warehouse storage and space management also involves considering the entire available square footage, which includes vertical space. Using the right storage system, you can stack containers and build upward instead of purchasing additional space if and when your inventory grows. Taking advantage of available vertical storage helps lower warehousing costs and keeps your space organized in an efficient manner.
Organization is Key to Warehouse Space Management
Good organization is a must when you’re dealing with a large amount of inventory, various size containers and other equipment. A disorganized warehouse will cost your company in wasted time, lost or damaged items and other issues.
Start by separating your stock according to value. Store the most profitable or most used items closest to the packing and shipping zones, followed by the second-most profitable and so on. Everything in the warehouse should be labeled clearly for quick identification. This will help reduce picking errors. Review your warehouse’s organization at regular intervals to ensure it’s still the most efficient layout for your current business needs.
Creating a perfect warehouse space management strategy requires trial and error, so it’s normal to move things around from time to time. Keep these tips in mind as you go, and you’ll appreciate a warehouse that runs efficiently and is organized according to your unique needs.
If you need warehouse space, visit Prologis Property Search to find your next industrial real estate property. We operate state-of-the-art facilities in the Americas, Europe and Asia. We can help your company compete on a global scale with our industry-leading warehousing solutions.