Storage location labels

I have an issue with barcode label config. Company has decided to decrease the size of the barcode label that is used on some of the storage locations, storage types and bins. Label design is already created but I want to know what are the necessary configurations we have to carry at IM and WM level for using this decreased new label design.
I understand that current logistic procedures ( like GR, picking etc) are not going to be changed. Only change I observe is the size of the label. Previously the label size used is 54 and now they are planning to use 32 and as I said this change is only for storage locations, types and bin's to identify their addresses using scanning devices.

Hi Pritesh,
You may refer note 493316 for some details:
storage location will almost always appear - except when it is at this
time a clearly identifyable case in which no storage location is
necessary. These cases are:
1.  GR for a purchase order with account assignment (Account assignment
    without special stock E or Q) for a material managed according to
    value.
2.  GR for a purchase order with account assignment (Account assignment
    without special stock E or Q) for non-stock material.
3.  GR for an assigned stock transport order (Account assignment without
    special stock E or Q).
4.  GR for a purchase order in the GR blocked stock.
5.  Postings with special stock indicators O, P, V, W.
In particular this means that you can first enter a goods movement for a
non-stock material with storage location. This is not prevented during
the entry. Only when you try to post the document, the system issues
message M7097: "No stock posting possible for this material".
Thanks and regards,
Polly

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