Most businesses see their warehouse as their biggest asset and a very important part of their supply chain. This means it is crucial that the warehouse is running as efficiently as possible.
If a business’s warehouse is not running to optimal capacity or meeting its business quotas, this can have an overall negative effect on the business as a whole.
The reasons for refurbishing a warehouse are endless the most popular reasons however include; increasing warehouse storage space, adding new items of stock, modernisation, or reducing energy costs.
In this article, we examine some of the popular reasons why businesses decide to refurbish their warehouse.
Futureproofing
Many warehouses undergo refurbishment as they want to make sure that the warehouse will work effectively in the future and to allow for any plans for future expansion.
Overcrowded
If a business warehouse is suffering from overcrowding, then its employees will be affected in a negative way, and not be able to work efficiently. An overcrowded warehouse will effectively hinder employees so much that it will slow them down as they have to navigate around obstacles in their way, also they will find it difficult to locate stock.
If this is happening in the warehouse, it is a clear sign that the warehouse needs to be refurbished in order to increase storage capacity.
In order to increase space, there are some options available, these are, to replan the floor plan of the warehouse, and to install a mezzanine floor.
Revenue loss
It is quite logical, if a warehouse is cluttered it will take longer for employees to carry out their daily tasks and to pick and sort stock items, this extra time means lost revenue for the business.
The employees of the warehouse may also need to move stock around by using a forklift truck, if the warehouse is cluttered this will also slow down the sorting of stock via the use of a forklift, costing the business more revenue.
Poor systems
All equipment, systems, tools, and storage solutions should be regularly maintained and reviewed. If they are not then the systems could become obsolete and eventually cost the business more revenue.
If the systems that are used in the warehouse become broken, outdated, or ineffective, they will become an impediment to your business, and will likely cause other problems in the near future.
If this is the case, then it is a good idea to update the warehouse systems, thus improving the warehouse’s overall efficiency.
Further information
If you require further information on warehouse refurbishment also known as a warehouse fit-out, please contact one of our team who will be happy to answer any questions you may have.