In warehouses, inventory damage is a significant issue. Product damage accounts for huge revenue loss – across the supply chain, there are many losses as a result from defective, damaged and broken goods. Sometimes, the loss can be unnecessary and avoidable, which ultimately affects the bottom lines as well as the financial health of the company.
But, it is all not that inevitable as much of it can be prevented. No matter how well-managed a company is, making one change can drastically reduce product damage in the warehouse and save on operating costs. In general, loss by damage occurs for two reasons: goods are mishandled by workers or equipment used, and goods are improperly stored and packaged.
Get started with these tips on some of the controllable factors that contribute to inventory damage reduction.
Keep bulk items safe with effective container solutions
Proper packaging and storage of an item before shipment is important in ensuring it can arrive safely at the final destination. This means that the containers they are stored in must be in the appropriate size and durability. They serve as a major protection point for products to prevent shifting during transit, and guard against the possibility of crushing damage which results from a lack of support when other containers are stacked on top.
For instance, collapsible containers come in a broad array of durability levels to meet your product container requirements. With different container capacities and sizes, you have more options to help keep your products safe and warehouse organised.
If you need new or additional storage warehouses for rent, our property at 18 New Industrial Road offers units suitable for light industrial, warehousing and office activities. Units range from 646 to 2,626 sqft – 3.8m ceiling height and 15kN/m2 floor loading capacity. Selected units are furnished with window, aircon and lights. Located in the East district of Singapore, this 6-storey B1 industrial building is accessible via Kallang-Paya Lebar Expressway and Bartley & Tai Seng MRT stations. It also offers a professional corporate façade inside out. Work+Store, our subsidiary, is also located in the premises to provide storage and work spaces for rent that offer a conducive work environment – for small businesses, entrepreneurs and e-commerce. Other facilities include 2 loading bays, 20-footer access, 24-hour CCTV and access, variety of F&B, and complimentary parking for the 1st lot.
Invest in the right racking equipment
The term ‘racking’ refers to shelving – which is an indispensable element in warehouses. It’s not just metal supports and side bars, it also includes the wire decking and various types of containers used to support loaded pallets and packaged goods. Similarly, racks are available in different configurations and weight capacities.
Ensure that you have the proper load strength when it comes to choosing a suitable racking equipment. Otherwise, it could bring drastic results in product damage or worker injury. The time when products are being handled in the facility is when they risk getting damaged. With the right equipment, you can increase efficiency and safely place the inventory in its rightful place.
Use signage and visual aids
A safe warehouse is a productive one. In most warehouses, they have these three areas: storage, packaging and shipping/receiving. Due to the high traffic flow present these areas, proper design and layout can have an impact on reducing product damage incidents.
Signs should clearly indicate the direction of travel for equipment, reflect maximum weight capacities on racks, and identify hazards like low ceilings. Proper training is also crucial to instill an overall situation awareness in employees to handle equipment, perform tasks and avoid potential hazards.
Another property we have is at Tuas Vista, which offers warehouses, industrial spaces and factory spaces for rent in Tuas. This six-storey building is suitable for industrial and office use, located in the upcoming megaport that was included in the government’s Master Plan. It has a strategic location for tenants that are specialising in engineering, logistics and construction activities – with proximity to Tuas Checkpoint and Tuas West Road MRT station. An open space unit at 3,821 sqft is available for factory/workshop needs, while warehouse units start from 50 to 1,432 sqft and furnished with lights, windows and aircon. Other facilities include 2 cargo lifts, 3 loading bays, 24-hour access, season parking and basement & open space car park.
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