Steel storage utilised upto 3 times at same cost

Introduction

This case study evaluates the efficacy of Metal Park's vertical storage solution in comparison with conventional forklift storage methods. The analysis, grounded in actual data, aims to demonstrate the considerable improvements in storage capacity, cost efficiency, and operational effectiveness that Metal Park's innovative system offers.

Storage Capacity and Efficiency

Key Metrics: Tons per square meter of land, indicating how effectively space is utilised.

Metal Park significantly enhances storage density, exemplified by a remarkable 17-fold increase for Plates/Sheets, enabling businesses to maximise their use of space and handle larger quantities of materials efficiently.

Example:

• Plates/Sheets: Traditional storage allows for 1.61 tons per square meter. With Metal Park's vertical storage, this increases to 26.98 tons per square meter, providing a 17-fold improvement.

Cost Efficiency Analysis

Operational Costs: CapEx excluded but OpEx included in both.

Although the daily costs are similar, the drastically increased storage density at Metal Park means more material can be stored at the same cost, offering substantial long-term savings.

Example:

• Daily Cost Comparison: For Plates/Sheets, the traditional storage cost is AED 0.48 per MT per day plus CapEx, whereas Metal Park charges AED 0.28 per MT per day without CapEx. This significant reduction in daily operational costs highlights the cost efficiency of Metal Park's solution.

Financial Impact and Inventory Management

Inventory Costs and Efficiency:

Inventory Cost Reduction:



Metal Park's storage solution not only increases storage capacity but also reduces inventory costs significantly across various material types, enhancing profitability and financial management for businesses using Metal Park's facilities.

Conclusion

Metal Park's vertical storage system offers a transformative improvement over traditional forklift storage methods by providing:

• Increased Storage Capacity: Up to 17 times more density for Plates/Sheets and consistent improvements across other materials.
• Cost Efficiency: Similar daily operational costs but higher storage capacity reduces overall storage expenses and enhances long-term savings.
• Enhanced Financial Performance: Substantial reductions in inventory costs improve liquidity and potential revenue, making Metal Park a compelling choice for businesses aiming to optimise their storage operations and financial outcomes.

Metal Park's innovative solutions demonstrate a strong value proposition for businesses looking to improve operational efficiency, cost management, and profitability.