6 Simple Ways On How To Reduce Office Supply Expenses

Every business would need office supplies, from the parish of a small town to the largest conglomerate in the city. One of the simplest ways to cut back your business budget and save money is to reduce office supply expenses. However, reducing office supply expenses doesn’t necessarily mean going without. There are multiple simple ways on how to reduce office supply expenses without sacrificing the items you need to run and maintain your business.

1. Keep All of Your Supplies in One Place

Scattering office supplies between several different cabinets and closets doesn’t enable you to see what you really have, and you may end up buying supplies you actually do not need.

2. Make an Inventory of Office Supplies

Make an accurate inventory of your office supplies and repeat this process every three to six months so that you know exactly what you have. If you have a large business, you may need to make an inventory on a monthly or even weekly basis.

3. Recycle As Much As Supplies As You Can

Binders, folders and even notepads from the previous year’s inventory can be re-used with the use of a little resourcefulness and creativity.

4. Compare Prices

Visit the official websites of various office supply stores, such as Walmart, tianseoffice.com, and Office Max, to compare rates before your purchase.

5. Buy at The Right Time

Many office supply stores offer discounts and big sales during the summer, so take advantage of sales and off-peak discounts to stock up office supplies.

6. Purchase Bulk Wholesale Office Supplies

There are numerous online and offline paper product distributors that can substantial price markdown if you purchase in bulk. Buy enough ink cartridges, toner cartridges, lead pencils, pens, paper, notepads, and etc that can last for a whole year. If you think you can’t afford to purchase in bulk orders, find some friends and other business associates and purchase all the necessary supplies you need in a single wholesale transaction.

It has been reported that nearly 40% of a certain company’s operational costs would account for office supplies alone. But oftentimes, many enterprises don’t realize that they are spending more than what they have to. We hope the above 6 simple ways on how to reduce office supply expenses would help you to shrink down your company’s operational expenses.