Do you need more shop floor space? Perhaps you are reducing your inventory to only your best sellers? Whatever the reason, there are some simple warehouse efficiency measures that will help you to achieve that objective. If you are not sure where to begin, let Monarch Shelving help! Here is our guide to downsizing your warehouse.
Clearance sales
To use warehouse efficiency measures effectively, start by looking at what you already have. The best way to downsize is to start by having an old-fashioned declutter, which can only mean one thing… Sales! Anything that is simply taking up space can drive income by being put on sale. Even if you make only a small profit from your sale items, you will boost sales and create more space in your warehouse.
Time for a rejig!
Believe it or not, you may be able to keep all of your current stock while saving space! Sometimes it’s not about the number of items in your possession, but the way in which you organise them. This is why it is always wise to give your warehouse a rejig before deciding whether you should reduce your stock.
Self-storage
One way to scale down your warehouse without losing your inventory is to move some of your stock into a self-storage facility. It’s a cheap and easy way to store the items that perhaps are seasonal or purchased less often. If you would like to learn more about the benefits of self-storage facilities, click here.
Stock levels
In addition to simply reducing what you already have, you may want to rethink what you will need in the future. Looking at previous sales, take a look at what doesn’t perform well and consider cutting back on how much you provide to your customers. This will prevent you from overstocking your warehouse once you have downsized.
Layout
Finally, whatever your approach to downsizing your warehouse, you must always think about layout and accessibility. If you are yet to revisit the layout of your warehouse, now may be the best time!