The ongoing storage costs and finance of the purchase price cannot be recouped after long periods of time. For temporary storage problems, when purchasers take advantage of promotions or volume discounts, rent non - road worthy storage trailers. Make sure that the cost of additional storage is not greater than the discount. In addition to the quick space creating techniques, there are also inventory space creating techniques and layout space creating techniques. How inventory is slotted, the size of the slot and the SKU's inventory category all directly effect the amount of available space.
Many items lose their appeal to consumers over time, yet they still occupy a large high volume slot.
Slow movers represent the greatest potential for creating space. Review the physical size of every slot against the amount of product in the slot and the physical size of the product. New SKU's are often placed into slots from discontinued items without examining the appropriateness of these slots for the new items. This can, over time, create a honeycomb effect. Set minimum velocity levels for new SKU's.