Running a successful business is hinged on different factors, one of those is ability to manage excess inventory. Self-storage units are a critical component of doing business in recent times as it provides extra space to manage your extra inventory and other supplies.
Space is costly; not every office has the required space to store paperwork, extra office furniture, supplies, samples and extra inventory.
Most times, all these excesses have the offices ineffectively stored in an unorganized and inefficient manner. The most important benefits of self-storage units are reducing clutters, maximization of productivity and. Having no need to invest in office expansion.
As self-storage unit experts, we have ideas on how you can store your excess inventory;
1 – Determine and Decide on the Items to Self-Store
Knowing what you use regularly or consume daily will help to identify the items you may need to self-store.
The ideal items for self-storage are those that are infrequently used in the day to day running of the business.
Part of your offsite stored items should include decorations and seasonal supplies e.g. Christmas decorations, New Year decorations. As a business, you are bound to have unused electronics and equipment which should never be kept in the office as it will eat up the little space. Others items for offside storage should include; surplus inventory, paper products and office supplies, etc.
2 – Ascertain the High Demand Goods into a List.
As a business, you cannot keep all your excess inventory without factoring the market trends and the season. Develop a list of inventories on those goods that are in high demand, those are those that should be kept in high numbers at the on-site warehouse. On the other hand, those inventory that are not in high demand as at this point should be moved to the offsite self-storage units.
3 – Carefully Pack Every Item
Never rush your packing, you’ll regret doing so when you need it. By packing efficiently and carefully, you are reducing the chances of damaging the supplies and inventory. Sort and pack items using size as a yardstick. Remember these are goods that will later be sold, packing them cautiously will increase the chance of selling later.
4 – Draw Out a Map of Inventory
You need to keep track of what is going into the storage. Draw out a map of where each item can be found. Don’t just mix it all up into one place and turn be looking for needle in the haystack later. You won’t be needing all the inventories at once but knowing where to find each item will make retrieval easier. With a map and a list, you will be able to keep an eye on additions and deductions to the inventory. This is to help you know what is available and what is not and where they are located.
5 – Draft Out List through First In, First Out System
The best method to achieve this is to create a receiving area in your self-storage unit. If you are dealing with inventories that has a shelf life and expiry date, it is better you come up with a color labelling system where you can always recognize the old stocks. Always place the new stocks behind the old ones. You can also develop a list that will help quantify the number of goods that should leave first.
6 – Learn to Discount or Discard Old Stocks
Removing obsolete stocks is one of the ways to increasing space in your self-storage unit. Don’t allow old stocks eat up new space when you can discount them off and bring in new stocks. Once an old stock is out of the way through discounting or clearance sales, you’ll have more space.
7 – Remember to Clean your Self-Storage Unit
You are always going in and coming out, bringing stocks in and out frequently. By this time, the self-storage unit would have been overtaken by dirt. Schedule a date on your calendar when cleaning should be carried out. It should be during the low sales period when you have enough time on your hands.
As an expert in self-storage unit, we provide affordable and easily accessible self-storage units for every business.