Category: Warehouse Space (page 2 of 2)

How To Keep Your Warehouse Clean

Top tips on how to keep your warehouse clean and safe

  1. Keep an updated cleaning schedule.
  2. Clear your bins regularly. Bins should never get to the point of overflowing.
  3. Have cleaning supplies available for your staff at all times.
  4. Give employees areas to keep clean.
  5. Clean as you go, ensure everyone tidies up after themselves. It is highly recommended that your staff clean litter such as metal shavings as they work maintaining the standard set by your firm and keeping the area hazard free.
  6. Recycle the rubbish that you can.
  7. Provide staff with the correct safety equipment.
  8. Barriers – there are a range of barriers you can get for your warehouse to ensure complete safety of your staff members and keep restricted access to vehicles such as forklifts. This not only keeps your warehouse cleaner, but also ensures organisation.
  9. Label shelving and floors to ensure your staff know where everything is located.

3 Things You Need To Know About Warehouse Racking

Warehouse racking may sound like a relatively simple storage option for your business, but there are some important points to keep in mind before deciding on what type of racking is best.
Should you buy your racking new or second hand?

On paper it may sound like you save a lot of money investing in second hand racking which is an appealing prospect if you trying to cut costs. Unfortunately, this can be a false economy when installing second hand racking can often turn out to be more expensive unless you can be q00% sure there are no missing parts or damage. According to research, 25% of used racking will either be damaged or have parts missing. This will also mean it takes longer to install.

Consider the amount of space needed for handling equipment
Another important consideration when choosing is racking is the type of handling equipment you will be using. If you are using conventional counterbalance trucks for example your aisle space will need to be wider.

Keep safety in mind at all times
Warehouses are potentially dangerous environments particularly when racking maintenance is neglected. As a business owner, you will be responsible for carrying out repairs and audits to racking and these will need to be documented annually. Any repairs should be carried out to manufacturers guidelines and while this might be costly, the cost of compensating staff for injuries will cost considerably more.

Internet Shopping Drives Demand for Warehouse Space and Investment

Fund managers are pouring money into warehouses around the world as the long-term fundamentals of the sector remain strong and set for future growth.
A recent deal involving Singapore’s sovereign wealth fund saw the purchase of a $2.4 billion portfolio of warehouses in Europe. Demand for warehousing has been largely driven by the growth in online retailing, which is revolutionising the way we shop and how businesses store their products.

Amazon, one of the trailblazers is already investing in more and more warehouses to help keep pace with customer demands for fast deliveries.

While one after another big high street retailers with long histories seem to be toppling, online shopping has gone from strength to strength and this will only increase demand for warehouses in the future.

Building a warehouse of course requires a lot of space, therefore unlike other commercial property sectors, warehouses can be more profitable than other asset classes because demand is kept high.

Returns from warehouses are said to be better than for office towers by almost one percent, though returns have diminished slightly as more investors have entered the sector in an attempt to find an alternative to bonds. Yields have fallen lower on bonds due to loose monetary policy in Europe and other parts of the world.

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