Auditel Consultant:
Stephen Gaubert

Hidden costs of Office Stationery and Business Consumables

03 Feb 2010 | Filed under: Business consumables, Cost Management, Cost Reduction

Exposing the real costs:

20% Pilferage
Office supplies often go home with employees as perceived fringe benefits.

5% Obsolescence
As supplies become obsolete, they lie on stockroom shelves. For example the seals on the envelopes start to yellow and no longer stick.

10% Waste
Too many office supplies are wasted and can be found in desk drawers.

5% Accounting
Keeping accounting records, paying suppliers and charging back to departments contribute to the overall costs.

25% Purchasing
Purchase orders, product investigation, buying records, seeking quotations and chasing deliveries are a hefty portion of the overall costs.

35% Storage
Inefficient stocking, keeping records, labour and distribution accounts for the majority of office supplies costs.

Adding up the costs, you discover that the real cost is an additional 100% higher than its original purchase price.

This means that for every £500 of office supplies you buy it can cost your business over £1000.

To find out how Auditel can help you cut the costs of your business contact Stephen Gaubert – call 020 8482 1370 or 07785 340 280, email stephen.gaubert@auditel.co.uk or visit www.auditel.co.uk/stephengaubert