The concept behind inventory management is simple: it’s about having the right products available at the right time — when orders come in. That means having the right quantity of those products on hand for a quick turnaround, especially if you sometimes get an unexpectedly large number of orders at one time.Understanding the basics of inventory management can make a big difference in how well your business operates. Anyone who masters these basics can reduce the cost of carrying excess inventory, while building a stronger customer base by getting products shipped more quickly. That means it’s crucially important to maintain an accurate inventory. For many small businesses, a serious challenge is lack of available space. If you’re an entrepreneur operating out of your home or a small office, you’ll need to get creative about where to store your inventory. For many small businesses, that solution has come from renting a self-storage unit. How Can You Manage Inventory at Your Small Business? One of the top tasks of any successful business is figuring out how to keep track of a working inventory, or the supplies you need on a daily basis. Those who are not well organized can quickly find this becomes a headache.A good first step is to get rid of anything that you don’t need or use at the moment, and which can quickly become clutter at your home or office. That doesn’t mean you have to throw out things you may need in the future. Decluttering a workspace is about finding an alternate location for certain things, and that’s where the option of a self-storage unit makes perfect sense. Storage units like the ones at Treasure Island Storage come in a wide variety of sizes, so if you need something about the size of a closet in your home, that’s available. If you need more space, that’s available too.Relocating those items also helps your inventory management, since you no longer have to count items you’re not using as being part of ...
March 23rd, 2020
Unlike our homes or offices, which provide us with shelter or a place to operate a business, storage units are all about convenience. Whether it’s moving your belongings into a unit using their trucks, being able to select the right size unit for your belongings, or being able to access them any time makes a storage unit a very efficient option for so many.That’s particularly true for people whose home is their office. People who are self-employed are some of the biggest beneficiaries of the self-storage industry. Running a business out of your home isn’t easy, but using a self-storage unit can definitely help make it run more smoothly. What Kind of Self-Employed People Use Storage Units? The internet has opened up several opportunities for entrepreneurs, with sites like eBay, Amazon, and Etsy allowing people to sell items to a worldwide market. Their products can be as small as an old and rare comic book collection to intricately handcrafted items. Whatever it is they’re selling, online shops are a great option for people who want to work out of their homes. Unless their home comes with a very spacious attic or garage, storage units are ideal for these entrepreneurs. As their business picks up, they’re going to need to store their inventory of products. Storage units are a great option because they’re a safe and secure location for products. Storage facilities, like the ones run by Treasure Island Storage, have advanced security measures like video surveillance, front gate access, and exterior and interior lighting to keep thieves away. These units also offer climate control, which protects even your most sensitive items from the extreme summer heat and humidity, or from dry cold winters. That’s a much safer place for your inventory than in a garage or attic that has no air-conditioned or heating. Storage units are particularly appealing to people who are running small online businesses from a modest-sized apartment. Having stacks of boxes with your inventory crammed into your apartment definitely isn’t an option. ...
March 18th, 2020