Supplies can easily eat up a large chunk of your overhead expenses. This is often the case when you don’t have a clear buying strategy and just buy from any supplier. Others make some important mistakes that could easily be avoided and end up costing them more than they should. But supplies are one of the places where you can make massive savings as a business if you do it correctly. Here are some easy tips any office can follow to reduce the cost of supplies.
Work with the Right Cleaning Service
Cleaning supplies can cost a lot over a year, and it’s even worse when it comes to offices as they usually require industrial-grade products. Working with a cleaning service can also be costly. But there’s really no point in hiring a cleaning service if you’re also going to pay for products. You might as well hire someone in-house if you’re going to do that. So, if you’re going to be working with a service, make it clear that they’ll be bringing their own supplies.
Buy in Bulk
If you’re going to buy equipment and supplies, buy in bulk and stick with the same supplier if possible. Buying in bulk and becoming a regular could allow you to cut deals later and make additional savings.
One of the best places to find great suppliers is online. Services like officecrave.com sell everything from ink cartridges, kitchen supplies, and storage. These services usually have much lower overheads than other suppliers and pass these savings down to clients.
Always Look for Discounts
You should also always be on the lookout for discounts and specials. Saving a few dollars here and there might not seem like much, but those savings could be more than enough to treat your employees to a pizza party or free donuts every once in a while.
Buy Generic Items when You Can
Don’t be fooled by name brand products. Most of the time, the sticker price is not a reflection of quality. Generic or store brand items are usually much cheaper. Some are even loss winners used to attract clientele or to introduce the product. So, if you need supplies you can’t get from your main supplier, try to go for generic versions of things that you need.
Build Corporate Accounts
It’s also important that you build corporate accounts with your suppliers. Not only will this help you build a relationship with them, but you’ll also be able to keep a closer eye on your expenses. You’ll be able to see which supplies you buy most often and see if there are some ways that you could save. Tracking will also allow you to look out for theft and take the appropriate action to prevent it.
There are tons of different ways that you can limit your supplies spending and increase your bottom line. Always make sure that you work with the right people and save whenever you can.