Proper inventory management calls for efficient storage, arrangement, and protection of goods from damages. Investing in pallet rack systems will facilitate your inventory management processes. Choosing a pallet racking system that meets the needs of your warehouse is a complex process.
It would be best if you put many aspects into consideration before deciding to invest in one. Selecting a wrong racking system can be detrimental to the productivity of your warehouse. You need to put these aspects into consideration:
Factors to consider when choosing a Pallet racking system
Pallet racks come with different designs, densities, and selectivity. It is essential to understand your warehouse facilities and layout when choosing industrial pallet racks. Below are vital factors you should consider before investing in one:
Space utilization
Examine the floor space and height of your warehouse carefully. Choose a system that maximizes the overall cubic footprint available in the warehouse. The racking system should maximize the amount of storage at your required selectivity for both floor and vertical space.
Budget
The cost per pallet position should be reasonable and affordable to fulfill your storage needs. Going for the lowest price is not always the best solution. You might compromise with value or rack system integrity. There is no point in buying racking because it is cheaper, only to lose on ROI when the system is not the most effective for your needs.
Flexibility
It should have the ability to be modified to different configurations, so that it grows with your warehouse as changes in product type, size or volume occur.
Selectivity
The system should provide the right selectivity depending on the frequency of stock movement in your warehouse. For instance, if product needs to be regularly accessed, it should not be stored in a high density racking system where other pallets would need to be removed first to enable access.
Inventory management
What order of retrieving inventory does the system allow? Choose a design that fits your warehouse’s inventory management method, be it FIFO or LIFO systems.
It is wise to seek the services of an expert storage solution provider who can direct and guide you in installing the right racking system that can optimize your warehouse’s needs.
