Choosing a Storage Solution
Regardless of what your storage requirements are, as a business it is important to choose the right solution for you. What works for one situation may not be appropriate for another and therefore your storage solution is as individual as the business itself. Whether you simply need to rethink your current shelving systems or you need a comprehensive warehousing solution, storage is a big part of efficiency in business.
If you find you have a lot of products to store and the cost of expanding your facilities is substantial, it might be a better option to choose a third party warehouse to handle and manage your storage and supply. One of the benefits of this solution is that a third party warehouse can also independently control inventory and distribution, so that your staff can focus on the increased workload in other areas without being bogged down by logistics. Many businesses find this to be a more holistic solution to their supply needs as their growing business can be catered for without too much upheaval or loss of productivity.
If your storage needs have outgrown your current location, another option is to consider expanding your offices. If your office is part of a building with several other offices within, you might consider either buying or renting an additional office nearby and using it to cater to your storage needs. Costs can be reduced by combining your storage needs with another business nearby, which in many cases is the perfect solution for both parties.
Rethinking Existing Storage
If you have an existing storage space, a rethink of its design could be all that is required to meet your changing needs. Fitting out a space with high quality pallet racking or overhead storage is a great way to make extra storage space without having to change locations. You can either rent or buy the necessary hardware, as well as the machinery required to provide access to the storage.
Moving your office to a bigger location might be the best long-term solution for a rapidly growing business. Buying or renting a warehouse to operate out of gives you the option of plenty of storage space as well as somewhere to base your business operations, but bear in mind that if your office sees a lot of clients it may be best to have your inventory on one site (such as in an industrial warehouse area) and keep your offices in a central location that is easy for clients to get to.