Effectively managing stock is a key part of business and it’s important to find the right balance: for stock to be sold it must be available but storing unnecessary items all year round can be wasteful and expensive. The ability to cope with seasonal demands is something that every warehouse must deal with and here are a few ways businesses can do just that.
Using space wisely
During seasonal spikes such as Christmas or summer, warehouses may find that they have extra stock or different types of stock compared to the rest of the year, because this is only a temporary measure it makes sense to store this in a separate area. This means stock can be easily accessible, levels can be quickly and accurately monitored, and where seasonal temporary stock differs from the current products stored in the warehouse, with this method you can store incompatible products e.g. food/non-food easily within the same warehouse.
A really simple and cost-effective way to use existing space wisely is by creating a separate storage area to segregate your stock, by using warehouse partitions.
Our Flexiwall for example, is a semi-permanent and relocatable wall that can be used to create storage space within a warehouse. Warehousing and logistics companies use our high-grade solutions to segregate or divide large spaces and our flexible systems are especially suited to those with stringent environmental, energy and acoustic requirements. Flexiwall is easily installed around existing immovables e.g. walls, columns and between back-to-back racking and once in place is completely secure.
Business intelligence software
Using business intelligence software helps you manage and analyse large volumes of data that your warehouse processes generate. This is useful as you can take the raw data and turn it into meaningful information that can be used to influence decisions. The information you gain can be used to create a bigger picture which will help you prepare for seasonal peaks and troughs, maximising efficiency and effectiveness. With business intelligence software, businesses can plan months and even years in advance which enables them to put storage plans and changes in motion with plenty of notice.
Temperature controlled environments
Changes in temperature can be a seasonal demand that some warehouses must deal with and when you’re manufacturing and/or storing stock that can be affected by fluctuating temperatures, such as food or pharmaceuticals, one of the most cost-effective things you can do is create a temperature controlled environment. This means you can not only effectively control the temperature within a smaller space rather than having to regulate the entire warehouse, but simultaneously store different types of products at different temperatures. Read our case studies with Great Bear and NFT who used Flexiwall for temperature control.