Cost savings aren’t always created by slashing the obvious dollars and cents. Your products’ physical locations and your inventory control processes can also have a big impact on your overall storage costs.
Whether products are stored in a small warehouse or busy distribution centre, picking the right storage spot and improving internal processes could help you:
- Increase efficiency
- Improve safety
- Remove unnecessary expenses, such as express deliveries or alternative suppliers
When more tasks are ticked off, less time is taken off due to injury and there are fewer surprises as stock is forecasted more accurately. This means that creating long-term cost savings is a much easier task.
Take a look at Signet’s newest infographic “Signet’s Guide to Streamlining Warehouse Storage Costs” to get the tips you need today!