If you run a growing business you know that means your sales may see a growth spurt. If you are starting to see success that may mean sales are increasing and you could need extra space to store inventory. You may not currently have the storage space that you need for the extra inventory or you may be running a home-based business and are starting to feel overwhelmed. If this is happening to your business, A.B. Richards can help.
A.B. Richards Can Make Business Storage More Affordable
There are a variety of ways that A.B. Richards can help your business meet your storage needs. If you have a temporary increase in inventory, you’re not going to want to pay for a new office or industrial space. We’re a more affordable alternative. We’re also more convenient. A.B. Richards can bring our portable storage containers right where you are, be it a home, office or industrial location. You don’t have to go across town to get to your goods. So we want to give you some information on keeping extra inventory.
What an Increase in Inventory Means
According to the Arizona Republic, inventory is the amount of stock you have to satisfy customer orders. There are two types of costs associated with inventory. Carrying costs which tend to go up when inventory increases and ordering costs which tend to go down. But there is evidence that sales will increase when you add to inventory.
That’s why having inexpensive storage can help you. A.B. Richards can provide you with 20-foot storage containers. They’re ideal for smaller spaces like home-based businesses. If you have a large amount of extra inventory you should consider our 40-foot storage containers or our 40-foot Jumbo storage containers with an extra foot of headroom. Renting a portable storage container from A. B. Richards costs far less per square foot than renting office space.
Preparing Your Inventory
When you get your storage containers; the Houston Chronicle has suggestions on storing your inventory more efficiently. Before you start putting items in the container you should evaluate which items are your top sellers and make certain that they are easily accessible. In fact, you should keep your inventory organized according to demand. Keep high demand items close by and less needed inventory further away. You also need to organize your boxes, containers or loose items in your inventory and it’s also a good idea to map out where the items are being stored. The more smoothly organized you are, the more productive you’ll be during the sales process. There are also inventory management programs available which allow you to keep track of your stock using bar code readers and scanners. Finally, you should have a system in place to restock your shelves after you move some of that inventory.
A.B. Richards Can Make Your Life Easier
Having extra inventory can be a good problem to have if it leads to increased sales. However, if your stock is just sitting there costing you money because you have storage issues, you should know that A. B. Richards can make your life easier and keep your business operating smoothly. We can provide you with storage units that allow you to keep on top of your inventory. Contact us today.