Guide to Choosing the Right Warehouse Size:
Assess Needs: Evaluate current inventory, growth projections, and seasonal demands.
Analyze Inventory: Understand turnover rates and prioritize high-velocity items.
Utilize Space: Implement vertical storage solutions and consider shared facilities.
Optimize Workflow: Streamline operations to reduce labor costs and enhance productivity.
Location Matters: Balance proximity to suppliers with transportation costs and accessibility.
Use Data: Utilize analytics to simulate scenarios and optimize warehouse size.
Conclusion: Strategically balance space, efficiency, and growth for optimal performance.