One of the inevitable parts of running a business with a physical product is building up inventory in storage. No matter how perfectly you try to play the supply and demand curve, there will be some seasons where demand will flatten more so than you envisioned, and you’re left with a bunch of product on your hands.
To deal with that situation effectively, you’ll need your business storage capabilities all planned out ahead of time. In this article, we’ll introduce you to a few business storage and inventory organization tips to ensure that you are fully equipped to deal with the scenario of an excess of products when it materializes.
1. Choose An All-in-One Unit
The first thing to consider is that you need to use an all-in-one storage unit that will be able to handle the storage needs you throw at it. The last thing that you need is to increase overhead by having to pay rental costs on two units, as well as pay to deliver items back and forth between the units.
So when you’re shopping around for a storage unit, take the extra time upfront to make sure that the unit you choose is going to meet every single one of your storage needs. Also, it should be able to grow with you as your business scales up. Relocating all of your product could be an expensive task.
2. Use an Inventory Map
Once you have the right unit picked it, you must make the most out of the space that you