eCommerce needs three times more space than typical retail. You need more space for inventory, automation and labour. In the UK, we spend more than £7 billion a year in returns. 60 per cent of goods bought online are returned. A huge difference to the small 6 per cent of goods bought in-store.
The product handling industry is packed with innovation and new tech. Behind all this, however, is the less thrilling, but equally important equipment, such as pallet racking. With all the moving parts of a material handling system, pallet racking is often seen as a basic element. It’s often considered last and is usually viewed as just a plain bit of the puzzle. However, there are many areas to consider when designing and ordering pallet racking. If not, how can you be sure you have the proper fit for your product handling system? This is why it’s important to have pallet racking guidelines in place so that you know everything about what you can and cannot store and how you can go about doing so.
Many businesses face the prospect of whether they should turn down or accept more business. Whether it be taking advantage of a discount from a supplier, or tapping into a seasonal spike in demand, they have to make a decision. In most cases, they must grab it when the opportunity arises. It’s not about greed, but if businesses aren’t flexible and can’t support an increasing number of SKUs, their competitors will swoop in and take away market share.
Imagine this: It’s the first day back at the warehouse and there are packages everywhere. There’s shrink-wrapping trailing on the floor and the staff are doing nothing. It’s not exactly a welcoming scene after you return from your holiday. In many cases, this mess is caused by a lack of space. The first initial thought would be to move to a bigger facility, but you may want to pause before you take such drastic measures.
With business costs constantly on the rise, buying second-hand equipment is often seen as a cheap way for setting up a business. But what happened when second-hand equipment fails to meet standards? The potential accidents can come with long-term expenses that certainly out-weigh the initial savings. So, how can business owners save money?
Have you ever struggled to find space to store goods, even at off-peak times? Or has your supplier changed their packaging style, leaving you to struggle with accommodating them in the same place? What about your stock in general? Has it ever gone missing? If you have answered “yes” to any of these, you may want to consider decluttering the warehouse.
We have said this a number of times before, one of the key ingredients for successful warehouse operation is to have a happy and motivated team. When staff are happy in their work environment, they are more likely to work harder and be more receptive to new ideas. What’s more, it will make the warehouse a better and more successful environment to work in. However, don’t assume that your team are simply motivated by a higher paycheque! Here are a few ways in which you can keep your workers happy and motivated.
Indicators in the economy are often quite consistent and show us that our economy is growing rather rapidly. As a result of this, businesses will constantly look to expand. The need for more capacity for production and storage means that companies will be on the hunt to find the best option for the needs of their operations. There are a few investment solutions could consider if you wish to maximise space for your warehouse storage without the obvious traditional building.
With only a matter of time before we welcome 2019, there are many people out there who are preparing their resolutions for the new year. Promises they intend to keep, making their lives better in the future. When it comes to your warehouse, there are a few changes you could consider for the overall efficiency and wellbeing of your staff. Here, we break down how you should assess the changes in the new year.
The word “sustainable” is one that nearly every business owner will come across in this day and age. If you work in warehousing, storage and manufacturing, it’ll pop up even more. There is more pressure to “go green” find more eco-friendly methods of packaging, production and distribution. As a result, warehouses are trying to find any suitable path to increase their sustainability and reduce their impact on the environment.
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Monarch Shelving Ltd
Unit F,Daltry Street, Oldham,
Lancashire, United KingdomOL1 4AB
Tel: 0161 627 3444 or 0161 622 0022
| Fax: 01706 880520
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