Electronic equipment is one of the most important expenses for any business. This is especially true for budding companies who still don’t know what their growth trajectory will be. For them, it can be easy to overspend and have their equipment become a burden over time. Some may end up overbuying, or buying equipment that they don’t really need, which can really affect their bottom line or even their survival. In this article, we’re going to give you a few tips on how to save on electronic equipment in your office.


 

Concentrate Your Purchases
One of the things that you can do is consolidate your purchases with one supplier. This allows you to save in many ways. For one, since you can make bulk purchases in one place, you get the chance to build a relationship with the vendor, who may offer preferential rates later on. Others will have better prices on bulk orders even if it’s your first time. 

You could also go with one supplier who offers all sorts of equipment so you can save on other items you may need as well. Suppliers like BlueDogSupplies.com, for instance, offer everything from ink cartridges and computers all the way up to snacks and beverages to fill vending machines with. By having a relationship with a vendor like this, you could end up saving tons of money on everyday supplies and equipment.

Let People Use their Own Devices
Instead of buying standard equipment for all of your employees, you should consider instituting a bring your own device, or BYOD, policy in your organization. Some might be wary of the safety implications, but know that there is still a risk whether you decide to standardize devices or not. There are also plenty of ways that you can introduce a BYOD policy safely, so make sure that you look at the security options out there, and don't hesitate to speak with a professional who will let you know the best solutions for your particular operation.

Adjust Your Replacement Cycles
It was once common for companies to replace their computers every three years, but things have changed over the years. Technology has advanced and more is being done over the cloud, so you can get by with a slightly older machine now. You can stretch the replacement cycle to 5 years on computers in most cases today. What’s important, however, is that you monitor performance during the last two years or so to see if you can notice any dips in performance. 

Look at Refurbished Equipment
You can also look at refurbished equipment if you don’t mind buying second hand. However, while they’re less expensive and can look and perform just as well as new units, they do have their drawbacks; the main being the lack of coverage. While some will have some sort of limited warranty, you’ll always be better covered and get better support on a brand-new machine, so be aware of that.

As you can see, you don't have to spend an arm and a leg on new electronics for your office. Make sure that you consider these options if you’re trying to save, and readjust your buying habits and processes accordingly.