Has your company made a list of resolutions to celebrate the New Year? Successful companies, of course, have their projected goals and finances mapped out well in advance of Jan. 1 – but is making sure you know the ABC’s on your list? We aren’t talking about the alphabet. We are talking about a proven method for materials management using the ABC analysis to help manage inventory. And, of course, understanding how products move in and out of your warehouse or distribution center is critical, as is using the best form of shelving and racking to facilitate that movement.
Let’s touch briefly on the ABC’s and then talk about how Liftmasters has many years of experience setting up racking and shelving that makes your warehouse more efficient and productive. Reviewing your ABC practices should be done at least annually to allow for corrections and updates.