Today with the recession affecting the majority of businesses in all industries, everyone is interested in finding a way to make ends meet. One very simple but effective way to cut expenses at the workplace is to manage your inventory of office equipment and supplies effectively.

First, you should take look at the most basic equipment that you have in your office. This includes computers, printers, photocopiers and fax machines. Now consider if there are any ways you can eliminate some of this equipment. If you only make a couple of photocopies of documents once a week, it’s probably not worth it to keep buying toner for your machine. Instead you could probably use the combination fax/copier/printer/scanner most offices today have. If you have one of these machines and you’re still relying on a separate fax machine, consider eliminating that, as well. Most offices only really need one fax machine.

The next thing you must do is take a look at the level of supplies you have on hand in your office. You may be shocked to see you’ve accumulated stockpiles of pens, paperclips, and even staplers. You should carefully monitor supply orders and equipment purchases from companies like Office ltd. or Ricoh. This can help you avoid paying for items you really don’t need or that you already have plenty of on hand.