I am fortunate to have to have 2 lofts in my shop (designed that way), so that is the storage for the long stuff.
For my drops, I shalvage this large cabinet, drawers are 14" wide, 6 " deep, and 22" to the back, it holds all of my small drops and is sorted by species, I do have a couple of them for turning blanks, and some are extra storage for tools not used much.
For some of the longer drops are up on the shelf above the runout table, also some stored on the back of the runout table.
I do have a bit on the floor next to the bench on the side not used much.