Finding a starting point to begin optimizing the storage capabilities within your facility can be a challenge. The most basic place to start is looking at the area between the top of your uprights and the ceiling. Why not start there? Or why not begin at the space between your product and the next beam level? Why not the distance between products?
For us, the best practice to begin this process is with a storage-type analysis. A storage-type analysis will not only offer an assessment of your current storage profile and a list of suggested changes, but it also provides a roadmap of potential projects that can lead to increased storage capacity, increased labor value, and increased efficiency that can result in profitability through additional throughput in your operations.
What Details Are Required for a Storage-Type Analysis?
For a storage-type analysis, we typically need to know the dimensions of the current storage configuration, the size of the pallets used, the size and weight of the products stored, and whether they are stored for full pallet case picking or each picking. We will also need to know the historical on-hand inventory and pick demand rate for each item, but we can help assist if that information is not readily available. Lastly, we will need to know whether certain products need to be grouped (for instance, do some products need temperature-controlled storage?).
Do not worry if all that information is not readily available. Our team can still get close to an ideal configuration with our experience and engineering teams, or we can do some detective work with a site visit.
From there, the analysis will help us determine the appropriate next steps.
Perhaps the introduction of dense storage media will allow you to minimize space between products and improve pick efficiency. Maybe a solution like a vertical lift machine would be a good fit for facilities that are storing smaller products like hardware. Perhaps introducing automation through an automated storage & retrieval (ASRS) system would benefit businesses adapting to changes in e-commerce. Maybe some of your pallet racking needs some adjustments to beam levels to go along with additional racking or shelving.
The proper solutions all depend on your unique challenges and your individual needs. We want to provide solutions that can address those challenges and conditions in the most cost-effective way possible.
What Happens at the End of a Storage-Type Analysis?
At the end of the analysis, we can help you put together a business case for potential changes with a return-on-investment attached. Once storage is optimized within a facility, it means more production space is created, which can lead to the return happening sooner than you may think.
The critical aspect to remember about a storage-type analysis is if you do not have a custom, built-only-for-your-business storage plan, you will leave money on the table as you are not fully optimized.
Whether you operate in a manufacturing environment and need to open space for additional production lines, or you are outgrowing your current space with an increased proliferation of SKUs, or your facility was outfitted with a “cookie-cutter” approach to pallet storage, there is an excellent opportunity to optimize your warehouse and improve your bottom line.
Give us a call today and speak with a Storage Solutions expert who can learn about your business and operational goals and develop balanced solutions toward achieving them.