How Can Sheet Metal Storage Racks Save Money?
Are you struggling with cluttered inventory that's slowing down your workflow? Or perhaps you are tired of wasting time and space trying to store large sheets of metal efficiently? Well, that’s where our STACK MAX sheet metal storage racks come in.
These racks are durable and can easily store metal sheets of various sizes. However, many people don’t realize that sheet metal storage racks can also save you money that you can reinvest into streamlining your business operations. Want to learn how? Let’s dig in!
Different Ways Sheet Metal Storage Racks Save You Money
If you are wondering how you can save money by using sheet metal storage racks, here are some convincing points:
No More Lost Inventory Issues
Lost inventory is one of the biggest issues businesses often face due to misplacement or inefficient organization. Statistics reveal that North American retailers lose up to $45 billion each year from inventory shrinkage alone.
However, there's nothing to worry about, as sheet metal racks provide a practical solution. STEELSTACKS sheet metal solutions enable you to keep your inventory properly organized and safely stored. This minimizes the risk of inventory loss and inaccessibility, saving you a lot of money!
More Safety
Unfortunately, employees who work with metal sheets may not know the potential safety threats these materials pose. Even a thin piece of metal sheet, if handled improperly, can cause deep cuts and lacerations, damaging the whole organ or leaving scars.
To avoid such incidents and to create a better workspace environment, you should invest in sheet metal storage racks.
These racks can easily accommodate metal sheets so they aren't lying around, saving employees from injuries. Besides this, sheet metal storage racks also protect you from hefty insurance claims and fines that can cost your business hundreds and thousands of bucks.
Tax Benefits
Another way sheet metal storage racks save you money is through tax privileges. But how does it happen? Well, there are tax laws like Section 179 Tax Deduction that allow you to deduct the cost of qualifying equipment like sheet metal racks from your taxable income. However, to get this, there are a few things that you must know, such as:
You cannot deduct more money than your business’s taxable income, even if the machinery costs more. See our calculator Tax Saving Calculator!
To qualify for the Section 179 tax deduction, the equipment or gadget purchased must be used for business purposes more than 50% of the time.
The maximum deduction limit under Section 179 Tax Deduction is $1,220,000.
This Deduction can significantly lower the amount of taxes you owe, allowing you to retain most of your earnings. You see an improvement in metal sheet storage and organization and also avail yourself of the financial incentives that benefit your bottom line.
Saving on Your Floor Space
STEELSTACK sheet metal storage racks give you more floor space and save you money. By stacking up to 20 feet high you can store a lot of sheet metal vertically. This frees up valuable floor space to be used for other equipment like laser cutters or more machinery. With more room you can be more efficient and productive and not need to expand your facility. Overall STEELSTACK racks help you store better and optimize your workspace for better workflow and potential cost savings. Check out our STEELSTACK SHOP
Employee Retention
Did you know hiring a new employee costs your business a lot of money? Yes, it's true! Companies spend between $4,000 and $20,000 to hire a new employee, and this doesn't include salary or benefits.
If you want to prevent frequent incurring of these expenses, you should make efforts to create a comfortable work environment for your existing employees. Gladly, metal sheet racks can help with this. These racks free up employees from the hassle of performing ballet-like stunts to handle or move metal sheets to the different parts of the workhouse.
In addition, sheet metal racks makes employees feel less stressed, enhances their satisfaction, and minimizes the risk of them leaving the job..
Less Product Damage
Here's the thing — no client wants damaged sheet metal. Therefore, you should ensure your sheet metals are stored properly to prevent scratches, dents, and bends.
One of the benefits of STEELSTACKS sheet metal racks is that they securely store all materials. This minimizes the risks of damage that occur when you haphazardly stack sheets over each other or lay them flat on the floor.
You maintain proper material quality that not only satisfies your clients but also saves you money that could otherwise be spent on restocking.
FAQs
What are some common tips to handle and store sheet metal?
To handle and store sheet metal, you should use proper lifting equipment like forklifts to avoid injuries. Store sheets based on their size and thickness to make retrieval easy. Most importantly, place sheets in a dry and ventilated area to avoid moisture buildup that may impact the integrity of metal sheets, causing you financial loss.
Can sheet metal racks help improve operational efficiency?
Yes, sheet metal racks can help improve operational efficiency by reducing the time employees spend on searching and handling materials, improving workflow efficiency and ultimately saving labor costs.
Conclusion
Sheet metal storage racks are indeed the best investment if you want to save money that you may lose due to product damage or employee injury. If you are searching for the best sheet metal storage racks, there's no option better than SteelStack.
Contact us today to get your hands on customizable sheet metal racks that will accommodate different sheet metal and serve you for years to come!