Wednesday 20 July 2016

How To Save Money When Buying Office Stationery

Small or big, partnership or joint stock no matter which kind of a business you run, saving money is the ultimate aim. As a business firm, you need to follow a budget and make expenses accordingly. Reducing the number of expenses incurred can be a difficult task because everything seems to be important.  When it seems that stationery contributes a small amount of the office expenses, this thinking may be completely wrong. A well-organized office stationery is an important factor on which day-to-day smooth functioning of office depend. One can save a good amount of money on office stationery if the plan is right. There are few tips by which you can save money when you plan to buy office stationery-


1. Prefer online shopping of goods



Online shopping of office stationery can be economical as the extra cost incurred ongoing physically to a store and carriage of the purchased items to office will be saved. An additional advantage attached to online purchase is that it offers a wide range of latest and useful products whereas the stock of stores is limited.


 


2. Bulk buying


Buying purchase of office stationery can be an easy way of cutting cost. It is better to buy office stationery in bulk from a specified supplier  for additional saving. When you buy in bulk the overall money spent on it goes down and the headache of running out of stock is also eliminated.



3. Creation of Supply Stations



Encourage your employees for sharing supplies by creating supply stations. For example, set a specific place where employees can look for a stapler, hole puncher, photocopy machine, and other stationery that are seldom used and can be shared.






4. Reduce wastage


Try to keep a track as to how many items of a particular stationery has been purchased and how many of it has been used, say sticky notes have been purchased in huge quantity but is being used once in a blue moon, then restrain yourself from buying it for next quarter and wait for the next purchase when you run out of stock.





5. Freeze purchase of stationery once a year


Randomly select a month of a year to freeze purchase of stationery. This encourages employees to use their resources in an optimum way. Providing more than what is needed may cause wastage thus not realizing the value of what has been provided.

  

Try implementing these points to become cost effective. Remember! Beware of little expenses; a small leak will sink a ship.

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