Inflation is the ‘boogey man’ of a thriving economy. You only hear about it in hushed tones and dulled whispers when the economy is humming along and trending in the right direction. But just like the laws of physics dictate, what goes up must come down eventually. Just as business was returning to usual following the COVID 19 pandemic, consumers were blindsided with higher fuel and grocery bills. Labor shortages and stagnating wages didn’t help as businesses became overwhelmed to meet order demands and provide basic services. But what accounted for this seemingly reversal in good economic function? Some leading economists believe the rapid uptick in consumer spending following the COVI19 pandemic was at least partly to blame for the recession and the subsequent inflation. Businesses simply couldn’t match demand. Looking to politicize the issue, as the case with so many of our national woes, some republicans and economists cited accelerated spending from the passage of the pandemic relief programs as a factor for the surge in inflation. Then there was, of course, the Russian invasion of Ukraine. It’s no coincidence that oil and commodity prices jumped in a lead-up to the invasion. Price gouging by shameless opportunists only worsened the situation and added pandemonium to the national fervor.
Fire-rated Chemical Storage Lockers Can Protect Current Stockpiles
When goods become scarce or harder procure, it’s only logical that you would want to protect supplies on hand. Synthetic and complex chemical compounds used in the manufacturing of goods, as well as the maintenance and sanitation of equipment, are becoming increasingly difficult to find. If you’re lucky enough to place an order for supplies before the “sold out” icon flashes across your screen, you could be in for quite a wait. Even if your order is filled immediately (and it almost never is) you could be waiting for several weeks before the FedEx man makes his way to your company warehouse. What happens when your current stockpiles are empty and you have to cease operations until new chemicals and precursors arrive? You will be forced to cease operations for at least a few days, much to the disappointment of workers who depend on these wages to meet higher property costs. You will also lose the business of once loyal customers, whose confidence in your esteem organization is now waning. Such supply shortages could even shut the doors on your business for good. One way to curtail supply shortages is to try to buy in bulk when possible. Even if you only need a few gallons of a popular adhesive or industrial strength adhesive, it’s prudent to stock-up now, so you don’t run out in the future. A fire-rated chemical storage locker from U.S. Hazmat Rentals can store large quantities of flammable, but necessary chemicals, so you don’t have to stress over supply chain shortages and bottlenecking demands. Our state-of-the-art building’s large swinging egresses and roll-up doors make for the easy storage and retrieval of drum pallets via hand truck of forklift.
Chemical Storage Lockers Encourage Better Product Management During Inflation
What happens when you have products and raw materials scattered throughout your warehouse or property? Your workers inevitably will spend large chunks of their day, running around trying to find the tools and products they need to get the job done. Efficient factories and manufacturing facilities rely on centralized product storage to streamline operations and outgoing orders. When everything is under one roof, you spend so much less time inventorying and assigning products to work stations and production lines, so you can focus on what really matters: maximizing profits. Our chemical storage lockers simplify inventory and product storage. Steel partitioned walls allow for the safe and compliant storage of a variety of products and goods. You can rest assured knowing your valuable materials and equipment are being protected and located in a secure and stable environment. This will also encourage employees to keep an eye on products and goods when you’re running low so you can replenish supplies in a timely fashion.
