As a leading UK leisure vehicle manufacturer, Bailey holds approximately 1,200 different components in stock at any one time, equating to on average £2.5 million in value. The new purpose-built 1,600m2 Replenishment Centre generates 300% more storage space than previously and allows for all component stock to be held inside under a single roof for the first time. The total cost of this phase of the programme was £ 2.5 Million.
The inside of the building has been fitted out with the latest racking systems, including gravity feed storage for batched components to maximise the available internal space, whilst investment in new materials handling equipment and a computer controlled inventory system will improve logistical efficiency and the component flow to the production line.
Currently, Bailey turns over its stock inventory on average every 8 working days, putting the company in to the top 5% of manufacturers world-wide in terms of turnover ratios. In order to maintain this impressive level of performance, Bailey requires the additional investment to cope with increases in both production volumes and component variety as the company looks to expand its range of leisure vehicles.
As the first phase of the new South Liberty Lane regeneration programme, the new Replenishment Centre also sets the tone in terms of the site architecture and landscaping. The modern industrial scheme proposed will help to create a better working environment for new and existing employees as well as improving the company’s physical presence in the local area. In addition, the opening of a second site entrance adjacent to the new building for goods inwards deliveries will improve traffic flow both on and off site.