The US economy is on a steady upswing, and every year, new businesses are burgeoning across all states. And with the rise of eCommerce, warehousing and the logistics industry have been growing continuously.
The Bureau of Labor Statistics revealed that there are now over 1,600 new warehouses in the country that aim to meet the needs of online retailers and consumers.
Inventory Management is crucial in maintaining an efficient and sustainable business. In the world of retail, prompt and correct delivery of goods contributes mainly to the success of the company. Part of warehouse management is pallet rack systems that store, organize, and protect products from damage.
Choosing Pallet Racks is a crucial decision that a warehouse manager needs to make to ensure the smooth operation of the business.
If
you are in search of the best Pallet Racks for your enterprise needs, consider
the following factors when choosing the best rack for your needs.
1- Storage Needs
Analyze
the roster of products that your company carries. Classify them according to
density, weight, frequency of delivery, and shelf life. From this data, you can
determine the rack or shelving that you will need.
Bear
in mind that drive-on racking systems are perfect for the storage of bulk items
but are not appropriate for items with high selectivity.
Selective
pallet racking, on the other hand, is ideal for the storage of a large
inventory of different products in small quantities.
Once
you have identified the right racking system for your products, you can choose
based on the density and selectivity.
2- Budget
Every
department has a budget that they need to follow, and the warehouse is not an
exception. One of the most vital considerations in choosing a pallet rack is
how much it will cost your company.
Bear
in mind that expenses will be divided into three areas: the storage system,
design, and installation. It may be
tempting to go for the low-priced products to save money, but you need to be
wary of buying them and sacrificing quality.
Experienced
warehouse managers
swear by pallet racks that come in competitive prices rather than generic
systems at bargain prices. Spending a few extra dollars for top-notch Pallet
Racks will be cost-effective in the long run since you would not be replacing
them often.
3- Adaptability
As
your business grows, your storage needs will grow with it as well. Your company
might produce new items or decide to sell new products. Your pallet racks must
be able to adapt to changes to accommodate whatever changes that will come your
way.
Remember
to choose storage racks that can be adjusted during slight alterations or
significant modifications to the existing system.
Cantilever
and selective racks are more adaptable than others.
4- Durability and Strength
Collapsing
pallet racks is one of the top causes of warehouse accidents. These may cause
debilitating injuries to an employee or damage to the products that may cause
losses for the company.
These problems are preventable if you
choose durable and robust pallet racks. The storage system must withstand bumps
over some time. You must also understand the weight capacity of the shelf that
you will choose.
The Bottom Line:
Warehouse
management is a crucial part of any business. It can dictate the success of
daily operations. Choosing the best pallet racking system will ensure that your
products will reach the consumer in the best condition possible.
