Running your own home business is an adventure. There’s nothing like going out on your own and seeing if you can make it, rather than turning up at an office or other place of business and working to fulfil someone else’s dream.
But just as much as it’s an adventure, it’s a challenge. Finding space to store your stock, and keep on top of it all, isn’t as easy as you might think. Get it right, however, and it can pay dividends for your business. This post looks at some of the benefits of good storage space organization, plus offers tips on how you can do this to boost your operation.
1. Greater customer satisfaction
All businesses want satisfied customers, so this has to be the biggest benefit of achieving a highly functional storage space for your stock. Nothing quite annoys a customer like a damaged item, a lost item or an item delivered late, and they’re not going to give your business a second chance to inflict such a disappointment on them.
2. More accurate order fulfilment
Your customer places an order with you, and you process the order only to find you don’t have the item(s) in stock. Worse than that, you ship the wrong item out to the customer. This is a common occurrence in businesses when they don’t organize their inventory well. Managing your stock well will save you some hassle of dealing with returns and, as a result, lower the chances of dissatisfied customers.
3. More efficient stock planning and fulfilment
You can’t tell which items of stock you need if you don’t store and manage them well. In fact, poor organization can lead to you buying more stock than you need. On top of this, these items might not even be selling well. Managing your stock well allows you to mitigate these problems and keep your storage space cost effective and efficient.
Tips for organizing your supplies
Of course, throwing your stock any old way into your storage space isn’t a good way to do things, so here are some tips on how to organize your supplies better.
· Make the most of your vertical space
Dedicated storage spaces such as stockrooms often have high ceilings, so make the most of the verticality. The more items you can place on racks or high shelving, the more floor space you can free up for yourself or anyone who is working for you and needs to access the storage area.
· Place the most popular items close to the front
This is a good way to maximize the efficiency of your business. Placing your items near the front allows you or employees to access them quickly and continue with the next part of the process so that you can get the items to your customers quicker. Although you’ll learn off by heart where everything is the longer you operate, the last thing you want is to have to delve deep into the back of shelves if you can avoid it.
· Store heavy goods close to the floor
To prevent accidents, you should store heavy items as close to the floor as possible. Doing so will prevent storage shelves or other facilities from collapsing. Not only this, however, but it will also minimize the risk of injury when you or any members of your team have to move the items around.
· Set up a system
One of the keys to a highly functional storage space is to set up a system and stick to it. Whether you organize your stock by colors, departments, size or style is your choice, but choose your system, keep to it and label it. This is especially important if you have a large stock room.
A fully functional, well organized storage space is essential for a business to succeed. Take the time to think about the best way to organize your space so you can get your products out to your customers as quickly as possible.
Article Submitted By Community Writer
