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As a business owner, there’s one thing you can count on – the need for supplies. If you run a retail business, you need hangers and tags and bags; and if you run an office, there’s an endless list of office supplies from paper and Kyocera toner to staples and paper clips. The cost of all these supplies adds up quickly!
The good news is, if you are a savvy shopper, and use the tips found here, you can start saving on the office supplies you purchase. Interested? If so, keep reading.
Keep Track of Your Current Inventory and Create a List of What’s Needed
If you attempt to go to the store and shop for office supplies without first looking at your current inventory, you are making a huge mistake. It’s important for you to have some type of plan in mind before leaving the office.
Take some time to see what supplies you are currently out of, as well as what you are going to need next week, in the next month, and even over the next six months. Also, which items do you need more urgently than others? If you are trying to stock up a newly opened office, then it’s a good idea to be conservative with what you purchase. It’s always possible to get more down the road.
Look Online Before Making a Purchase
It’s estimated that 79 percent of people in the United States now shop online. There’s a reason for this – all the benefits it offers.
One such benefit is that when you shop online, you can easily compare the prices of the items you need all at once. This is especially beneficial if you don’t have a supplier that you use for everything. Even if you use an office supplier, it’s still a good idea to shop around the prices of the items you need from time to time.
Search for Discounts and Specials
If you need something from time to time, then it’s a good idea to see if there are any retailers that are providing some type of sale or special on it. After all, having a coupon that can help you save $20 to $25 every few weeks may not sound like too much, but it really adds up. Also, you can use the money saved to treat your workers to lunch, coffee, or some other surprise. By doing this, you are saving money on the office supplies you need, while boosting your worker’s morale. In the long run, this is going to lead to increased productivity, as well as a more efficient team.
Buy in Bulk
When you buy office supplies, one of the best and most effective ways for you to save money is by buying the items you need in bulk.
Most retailers are going to provide you with some type of incentive for you to purchase items in bulk. While you may not need 10 thousand packages of paper right now, when you buy in bulk you can save significantly and reduce the number of shopping trips that you have to go on in the near future.
However, don’t go overboard. If you really don’t need it, and you aren’t going to use something that’s sold in bulk, then don’t purchase it like this. If you do this, you are essentially just wasting your company’s money.
If you want to save money on the office supplies you purchase, then be sure to use the tips found here. Your bottom line (and employees) are going to thank you for doing this.
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Good Post! Keeping track of inventory is hard. That is why we should use inventory management system.