Have you noticed a recent decline in profitability and/or productivity? Logistical and financial challenges are inevitable when it comes to managing a warehouse, particularly during busy periods. Whether you’re expanding your product line, merging with another company or simply increasing your customer base and sales volume, it’s important to make sure operations are optimising your time and money as well as possible.
Taking a closer look at the design of your warehouse can help you identify any problem areas that may be slowing down productivity, including:
- Overcrowded storage spaces
- Disorganised picking and packing areas
- Poor layout affecting flow
- Rundown or unsafe shelving
You can read our blog 5 Signs it’s Time to Update your Storage System to find out more!
If any of the above points resonate then it could be time to update or redesign your warehouse to help you get back on track and achieve your business goals.
Here’s 5 ways to redesign your warehouse to boost your business’s performance and improve profitability:
1. Maximise Available Storage Space
Having extra storage space is always useful to accommodate business growth and any new stock items. Lack of storage space can lead to disorganised, even hazardous areas, and can negatively impact efficiency and productivity.
Redesigning your warehouse can help you stretch your dollar further by identifying underused areas and optimising your existing space. For example, mezzanine floor spaces are an effective solution if you’ve run out of horizontal space; build up and use your available vertical space instead!
2. Reduce Obsolete Inventory
It’s easy to lose track of your inventory if your warehouse is disorganised. When products don’t move, they take up valuable floor space and only cost you more time and money.
Re-evaluating the layout of your warehouse and utilising space more efficiently provides greater transparency and control of inbound and outbound stock. You’ll be able to assess what items you need to stock more or less of, and identify any obsolete items holding your business back.
3. Prepare for Future Expansion
It can be difficult to keep your finger on the pulse when industries are constantly changing and adapting. To remain competitive in your field, it’s important to be prepared for the future. Investing in quality and flexible storage solutions designed to last the long haul, and that can be adapted for future expansion is always a smart move and can save your business money down the track.
When preparing for future expansion, it’s also worthwhile looking at your equipment to consider how old it is and how often it needs repairs. New equipment can make processes more efficient and also save you from costly maintenance fees.
4. Increase Employee Satisfaction
High staff turnover can drastically affect profitability by taking up your valuable time to recruit and train new employees. Re-designing your warehouse can help streamline processes, not only allowing you better insight into labour hours and costs, but also increasing employee productivity and satisfaction.
Simple, easy-to-follow processes in your warehouse can assist with relieving day-to-day stress and keeping your employees happier at work.
5. Improve Health & Safety
Safety and security should be your first priority as storage spaces and picking areas can become hazardous if they’re overcrowded or disorganised. Rearranging your warehouse to ensure correct processes can be followed will help improve safety and security.
Ensuring your warehouse spaces are optimised will also help prevent costly workplace accidents and any damage to stock and equipment from happening.
At All Storage Systems, we strive to help your warehouse improve workplace efficiencies so you can optimise your assets, resources and profitability. We offer complete warehouse design services from layout to product selection, auditing and complete installation. No matter your industry, our team of specialists can design the perfect shelving and storage systems to suit your business.