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Your supply chain team is probably getting used to shortages. The first shock was the stock. The forced decrease in deliveries and the extension of lead times left many customers dissatisfied. The next challenge was bottlenecks at loading ports. With the sudden shortage of containers, the problem became even more serious. And since then, the carousel of 'shortages' has not stopped. But now we find ourselves in the middle of a new crisis. The fact that 50% of companies point to a shortage of storage space as their biggest challenge today speaks for itself. And if we add the problems derived from labor shortages to the increasing costs of warehouses, it is not something that can be overlooked. As market pressures force supply chain teams to do more with less, what can you do to overcome the acute space shortage in warehouse organization and management? Learn from the past to optimize warehouse space It is often said that history repeats itself.
So let's look at some of the measures you may have taken previously to deal with the supply chain turbulence of recent years. It is likely that your company invested in stock for the right reasons, such as: Take advantage of economies of scale Protect the business from unreliable supplier delivery times Mitigate demand volatility Be prepared for price increases And this increase in stock will undoubtedly have been useful in Japan Telegram Number Data some ways. Above all, to overcome fluctuations caused by external factors, which have been numerous lately. There was the Suez Canal crisis, huge problems at the ports, the ongoing headache (figurative and literal) of COVID and, if that weren't enough, all this accompanied by a couple of Chinese New Years. New call-to-action But the world has changed since then. And it is not a failure to admit that at some point you have experienced scarcity in your own flesh. Maybe you didn't know how to identify the changing demand pattern in time.
Or is it possible that you have become so accustomed to high stock levels that you have simply lost perspective and no longer detect excesses? Be that as it may, the truth is that you have less and less space available in your warehouse. And what's worse, you may have a large volume of stock that you cannot - and possibly will not be able to - sell. If you have not yet reached the capacity limit in your warehouse, it will surely not take long for you to do so. You must take measures to stop or anticipate this dangerous situation. This article will help you precisely with this. In it we explore the steps to take to address the shortage of warehouse space. But first it is necessary to understand the magnitude of the “warehouse space” problem. Before you can solve your problems, you first have to understand the magnitude of them.
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