No warehouse space may be indicative of poor storage management according to Tim Hoj, CEO of Hoj Innovations, the parent company to WarehouseOS. Never confuse sales growth as a definitive sign that a fast-growing e-commerce company is running out of warehouse space. It might be a sign of growth, but it may be indicative of storage mismanagement. Before renting another warehouse or planning a larger warehouse location, it is wise to engage warehouse planning experts to determine the real reasons space is in short supply.
Over the past quarter (or past sales year) there has been an increase in sales revenue. To ensure the right inventory is available to meet customers’ demands, too many e-commerce firms, especially those moving from a “garage” warehouse jump to the assumption that increased inventory volume axiomatically translates to expanding the needed appropriate inventory storage space. HOJ Innovations has found that through modern materials handling and warehouse software virtual space of an additional 50 percent is common.
Bringing in warehouse experts can reveal current warehouse structures that are not working efficiently. HOJ Innovations creates a unique storage plan that works with each customer. Most e-commerce business know the 80/20 rule applies. Twenty percent of the total SKUs represent 80 percent of the revenue. Keeping fast-moving inventory (the 20 percent) in reach in a primary warehouse is best, while storing slower-moving or excess inventory in a nearby secondary warehouse.
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About Hoj Engineering & Sales Co. Inc.:
Hoj Engineering, based in Utah, with clients throughout the United States, are a leader in warehouse distribution consulting and material handling solutions. Hoj (pronounce Hoy) opened their doors more than fifty years ago as an engineering-driven family business with a mission to change the industry. Today Hoj Engineering & Sales Company operates with 150 employees and over 50 service vehicles.
Tim Hoj, CEO of the company, shared that all at the firm are passionate for providing the most rigorous and creative design solutions, backed up by exceptional customer service and friendly, caring people. Hoj Engineering’s goal is to extend the boundaries of modern material handling and logistics, one customer at a time.
Hoj Engineering specializes in internal logistic design, space utilization, productivity and process improvement studies, and app driven inventory management solutions. The company provides support to the distribution, fulfillment, and manufacturing industries throughout the United States. Some of their satisfied customers include Sparkle in Pink, Pitman Creek Wholesale, Backcountry.com, and CampSaver.com.
Contact Hoj Engineering at http://www.hoj.net/contact-us/.
Company Name: Hoj Engineering
Contact Person: Tim Hoj
Email: Send Email
Address:862 West Fine Drive
City: Salt Lake City
State: UT 84119
Country: United States