How to Store $10,000,000 of Inventory in 95% Less Floor Space
If you have a large number of small to medium size products, parts, tooling or other inventory that take up far too much floor space, you may want to consider a vertical storage solution. These tower-like systems enable you to store inventory in a much smaller area yet make retrieval quick and easy.
Gosiger uses 5 of these Parts Towers (see picture) to store its $10,000,000 inventory of CNC machine tool parts. Here’s how it works:
- The Parts Tower sits in a 10’ x 10’ area (100 square feet) yet provides nearly 6,000 square feet of storage. Conventional shelving would provide only 300 square feet of storage in the same area.
- There are 42 storage bins in the tower. Each bin measures 100” long x 33” deep x 6” high. These bins are partitioned to allow for more than one item to be stored in each bin.
- By assigning a unique number to each item stored, users can easily locate and retrieve the desired object. In Gosiger’s case, each part is assigned a three-character code such as B-16-5. The first character (B) refers to the assigned Tower. The second (16) refers to the bin number, and the third character (5) refers to the partition within the bin.
- A control on the tower activates a motor that moves the bins into reach when the user wishes to retrieve a part. Because Gosiger connected its parts ordering system to the Parts Tower control, the appropriate bin automatically moves into position when an order is placed.
- In addition to making much better use of floor space, these Parts Towers reduce the time it takes to find a part and process an order, thus reducing labor costs.
A vertical storage solution isn’t the right solution for every situation, but if the items you store lend themselves to such a system you can save valuable floor space, time and money.