If you own a small business in New York or New Jersey, it’s important to ensure you have the inventory you need to be successful. It’s wise for small business owners to evaluate their inventory on a regular basis as this can save you time and money in the long run. If you currently don’t have a plan for your inventory, it’s not too late to start.

At Perkaroma, we’re passionate about providing the best office supplies and breakroom supplies to businesses across New York and New Jersey. We believe that the workplace doesn’t have to feel like work, and we strive to help businesses make their office space more comfortable and enjoyable. Whether you need office snack delivery services, vending machine alternatives, or premium office supplies, we’ve got you covered. If you have any questions about our breakroom supply and office supply delivery services, don’t hesitate to contact our friendly team today.

Inventory Management: What Small Business Owners Need To Know

When your business has the inventory it needs at the right time, it can save your workplace a lot of trouble. Inventory management can be defined as a part of supply chain management. When your inventory management is on par, you have the right products when you need them. This can help you reduce the cost of having excess printer paper, coffee creamer, business folders, and other office necessities. This can help business owners avoid things like spoilage, and it can also come in handy when you’re trying to maximize your office space. Now that you understand the importance of inventory management, let’s go over a few tips that can save your business time and money.

Tip #1: Utilize The FIFO (First In, First Out) Method

When it comes to your office supply closet, you want to do your best to use each item in the order that you purchased them. This is known as the FICO method, or first in, first out. If you offer coffee creamer, coffee beverages, soft drinks, or any other perishable items to your employees, the last thing you want is for these things to spoil because you didn’t offer them in the chronological order you bought them. If you’re in charge of organizing your breakroom cabinets, refrigerator, or office supply closet, it is wise to add new items to the back so you use the older ones first.

Tip #2: Keep Tabs On Items That Aren’t Being Used

If you have boxes of office supplies sitting in a closet that haven’t been used in eight months, there may be better ways to manage your inventory. You’ll want to keep a close eye on your inventory for a few months, so you can start identifying trends in usage. While many business owners rely on spreadsheets to keep track of their inventory, this can become a real challenge as they increase their volume and add new channels. A good inventory management system will rely on the constant tracking of inventory movement.

If you own a business in New York or New Jersey and you need assistance keeping up with your office, cleaning, or breakroom supplies, consider signing up for the automatic restocking program at Perkaroma.

Tip #3: Try To Streamline Vendors

It’s easy to have one vendor for water, one vendor for office supplies, and one vendor for hot and cold beverages, but why have multiple vendors when you could have just one? The less vendors you have to deal with, the more time you can spend focusing on your business. By choosing a single-supplier solution, you’ll save yourself a large amount of time and money.

Tip #4: Encourage Collaboration In The Office

When the breakroom runs out of coffee or the office supply closet runs out of pens, you’re likely to hear about it from your employees. For this reason, you should consider implementing a system where it is easy for your employees to report items that are running low. You could leave an excel spreadsheet on the breakroom refrigerator and ask an employee to check it once a week. You should also consider rewarding that employee for his or her help. One easy way to do this would be to let the person choose a breakroom snack of his or her choice for the next order.

If you own a business in New York or New Jersey and you need help staying on top of your office supplies or breakroom supplies, contact the professionals at Perkaroma today. We’re proud to be a one-stop-shop for small and large businesses, and with our automatic restocking and managed breakroom and office supply services, we can help you turn your workplace into a comfortable and enjoyable environment. With more than 50 years of experience in the business, we consider all of our clients a part of the family. Contact our team today to learn more.