If warehousing is among the most important areas of your business, a common problem that you encounter is the lack of storage space. If you don\'t plan and make use of strategic actions, you will almost always have a Malaysia storage facility that lacks space for your inventory. Here we will talk about the most effective ways of managing your storage space.
If your Malaysia storage facility intends to use pallet racks in storing your inventory, you should ensure that it is custom-built for keeping it safely and securely. The different pallet racks that are usually available include carton flow, narrow aisle, and mobile racking. If there is a possibility that your inventory will be expanding sometime soon, you may want to consider using adjustable racks.
It is quite common for Malaysia storage facilities to be constructed with as much vertical space as possible so that it can be used to expand its capacity easily. By maximizing the use of vertical space, you will find that you have so much space available and that your costs can be reduced to a minimum. Another storage system you may want to consider is the use of mezzanine floors.
One advantage of using mezzanine floors is that the costs involved in employing it are minimal as opposed to expanding your Malaysia storage facility. Mezzanine floors can easily be constructed by making use of scrap materials, most of which can already be found in your manufacturing facility. Another feature is that assembly and disassembly can be done with relative ease.
In any Malaysia storage facility, it is also important that you have a proper balance in your inventory. This involves regularly reviewing your inventory systems, order histories, projections, and trends so that you can accurately determine the amount of inventory you should have on stock at a particular time. This will minimize having too much or too little stock, both of which have serious consequences.
Proper inventory management also involves clearing out any old, damaged, or spoiled stock that might be taking precious space in your Malaysia storage facility. In extreme cases, there might also be a need for a total overhaul of your storage space which can include installing or adding new racking and shelving equipment. Situations like this might call for the skills of a specialist to review your existing setup.
If after all your team\'s combined efforts your Malaysia storage facility doesn\'t have adequate storage space, it could be helpful to make use of whatever outside space is available for you to use. Keep in mind though that you will have to make some investments on additional security equipment to keep your inventory safe and secure. This should include CCTV cameras, chain-link fencing, and security personnel.