Your warehouse racking is essential to optimising your company’s profits. Obviously, the more products you can store, the more products you can move, and the more companies that enlist your warehouse for its storage solution means the more money your company will make.
So, as a company owner or warehouse manager, you will be aware of the importance of an optimised storage setup. You will know that the right solution is one that is going to properly store the goods you need and at the right volume.
With this in mind, here are five key considerations to make to ensure that you get the best industrial racking Melbourne has for your ROI:
- Evaluate your needs & current infrastructure
What are your warehousing storage requirements? What are the size and dimensions of the majority of the products you store for your clients? Also, what are your company’s future projections when it comes to growth? If you can see your company experiencing massive growth in the near-future then you will likely need a solution that can accommodate this future growth.
Next, you must evaluate your warehouse’s current dimensions, as there is no use purchasing a solution that won’t actually fit in the space. Of course, you can enlist the pros to help you with your dimensional concerns, as they will have an enhanced understanding of what solution will be perfect for your warehouse!
- Choosing your solution
Next, it’s time to choose the solution that is going to optimise your space, accommodate more clients and, consequently, improve your ROI. So, what solution is perfect for your warehouse? Do you need a pallet solution, as it can hold all those bulky items like furniture or machinery? Or, is the cantilever design perfect for you, as it can hold all those long items like timber planks that simply can’t be stored on pallets?
- Optimise the picking process
Your team’s ability to easily pick-and-pack items onto your solution is as important to company ROI as the storage solution itself. So, the next thing you have to consider is this: how is your team going to streamline the picking and packing process to optimise productivity?
There are plenty of ways to optimise picking and packing, including barcoding, cycle counting, pick-to-light systems, voice-directed picking and, naturally, properly labelling your sections!
- Consider advanced technology
AI cutting-edge technology is the modern warehouse’s best friend when it comes to optimising ROI. There are numerous warehousing technology advancements that can ensure you and your team are equipped with the goods to get the most out of your solution, including:
- Warehouse management systems (WMS): This technology collaborates with your solution to ensure optimised tracking.
- Automated storage & retrieval systems (AS/RS): These are robotic solutions that are implemented to optimise your team’s ability to easily pick-and-pack items.
- Data analytics: Data is at the core of any modern business’s success and your ability to easily-visualise and synthesise warehouse data is essential to growing your business.
- Ongoing improvement
Speaking of data, it can show you just how well your new industrial racking solution is tracking. It will show you if you have optimised your warehouse ROI or if there is still room for improvement. If there are elements of your new solution that aren’t exactly getting the job done then analysing business data will be able to help you improve on them.
This, alongside regular safety training and technology maintenance, are the essentials to ensuring ongoing improvement and, resultantly, warehouse success!
