Because of my son’s disability and my need to teach him just about everything, I have items sorted into bins with handles, labeled with the category (i.e, Sanding, Cutting, Measuring, etc). It’s over-simplified and over-organized, but necessary in our case. One thing nice about it is that we never waste time looking for something; everything has its place.
Unless you’re a big fan of frequent shop remodeling, planning the layout of your workshop early in its development will save you a lot of time and trouble and also can keep you from spending years in an uncomfortable, poorly organized space. And if you already work in a shop that’s as organized as a trailer park after a tornado, careful planning and a little remodeling is likely to help you make a quantum leap.