Now more than ever, companies are expanding their number of SKUs to account for the continued growth of e-commerce. You may be thinking that in order to expand your selection of SKUs, your company will need to increase the amount of warehouse space - whether by expanding the current building or purchasing an entirely new one. But you might just need to reorganize your current storage space.
The process of reslotting your storage areas to maximize available space could open up just the right amount of room needed for the additional SKUs. The reslotting process starts with recording the precise dimensions of each SKU currently stored in the warehouse and keeping up with packaging changes as new shipments are received. From there, you can determine how to reorganize the items to maximize the space as much as possible. With each item now reslotted in the most efficient way, you may find an abundance of extra storage space to fit all those new SKUs.
In addition to reslotting, adopting a vertical storage strategy can further enhance space utilization. By leveraging vertical space, warehouses can significantly increase their storage capacity without expanding their footprint. This approach involves using taller storage units and efficient material handling equipment designed for vertical movement. Such vertical expansion not only saves on the cost of physical expansion but also streamlines the process of accessing and managing inventory, making it a cost-effective solution for accommodating the growth in SKU numbers.
By strategically reslotting and utilizing vertical storage solutions, businesses can efficiently manage the growing demands of e-commerce without the need for extensive physical expansion, thus optimizing their warehouse space in a cost-effective and productive manner.