are what is known as the designated storage location for inventory in your warehouse. Each inventory line that is received into your warehouse and sent out should have a bin location. Either in the warehouse racking, shelving, marked floor areas or in small parts storage
such as picking bins
. Bin Locations are essential for warehouse organisation. Bin Locations can represent shelves, pallet spots, storage areas or any place in which inventory is stored. So what is the importance of bin locations and how can it be a cost saving tool for your organisation?