“Space is a valuable commodity of manufacturing and storage facilities that organizations often under-utilize. The place where you manufacture or store goods, is going to be a significant factor in determining your fixed overhead and ultimately become a component of your end product pricing.
Manufacturers face an increasingly competitive world and are constantly fighting a price war. Product pricing plays a critical role making your business more competitive, but in order to be successful, your earnings margin is also critical.
So how can we strike the right balance?
We can start by maximizing available storage space. This will save on fixed overhead cost which will ultimately improve our profitability. During the storage process, the goods are not adding any value so we need to maximize the available area by organizing goods efficiently and making sure they are demand ready. By demand ready we mean being ready for internal demands such as raw material requirements or in case of your nature of business is not that of manufacturing – you can be demand ready by storing goods that are trending or may be stock up a wider variety to cater to a larger audience.
At the outset solutions may seem simple but someone with experience and expertise will comprehensively consider your operations and long term business plans, avoiding unforeseeable costly mistakes while reorganizing your space.
Depending on the kind of materials or products that you wish to store, the experts from Nilkamal’s Racking System team will suggest the right type of storage that maximizes your available space, along with any suitable material handling equipment requirements. Mezzanine Storage Systems by Nilkamal is one solution that has solved storage issues in various industries.”
