Office supplies are broadly defined as day-to-day supplies used regularly in general business functions and office operations and are typically non-technical consumables with a singular/limited usefulness and life. Office supplies include materials such as Post-Its, notebooks, papers, staplers, highlighters, and other stationery items as well as electronic supplies. Office furniture is another sub-category that office supplies include.
Getting the best office stationery and supplies around you is highly crucial, particularly if you're working remotely at the moment. Having a home workspace offers you the opportunity to get innovative with your office, building somewhere that's not only a place to work but a place to draw inspiration.
Whether you’ve got a devoted space or are looking to add a new aspect to your guest room, Beroe's research has ranked the top office supplies and office stationery suppliers based on their revenue. The results are as follows.
- Lyreco
Revenue: $2.3Bn (2019)
Lyreco was founded in 1926 and was a bookstore initially with a different name. It has since added services and products to become a reputed name in office supplies. The expansion to the global market began in the '80s. Lyreco has operations in 42 countries across the globe and employs around 10,000 people.
A privately-owned company for nearly a century, Lyreco contains over 10, 000 products in stock and their service rate is 99.3%. The product categories available in Lyreco include office products, furniture, personalized products, technological products, cleaning & hygiene supplies, catering supplies, personal protective equipment, and packaging supplies.
Lyreco aims to provide its clients’ employees with a working space that brings a substantial contribution to people and the surroundings. Offering excellence is about making sure every step it takes to satiate its customers is accomplished most sustainably. As of now, Lyreco has reduced its carbon footprint by 19.3% and has generated 45% green product sales.
Lyreco’s strategic partners include Askul in Japan, Benir e-Store solutions in India, Officeday in Latvia, Comix in China, Office Products Depot in New Zealand, and Officepro in Taiwan.
- Office Depot
Revenue:$10.6Bn (2019)
Office Depot is next on our list of office supply vendors. The company was founded in 1986 and a store opened in Florida. Since then the company has grown to more than 1,400 stores in North America and has more than 38,000 associates. In 2019, Office Depot OfficeMax had sales of $10.6 billion.
A subsidiary of ODP Corporation, Office Depot is a prominent supplier of office stationery products, business services, and digital workplace solutions to businesses of all sizes and shapes.
Through its banner brands, including Office Depot, OfficeMax, Grand & Toy, and CompuCom, the office equipment supplier provides its customers with the resources and tools they require to concentrate on their enthusiasm of beginning, evolving, and operating their business.
Office Depot has employed 42,000 people. The company has won the 'Best of the Decade Diversity Program' award. Office Depot has a 100% score on the Corporate Equality Index for the 8th year straight. It has reduced 21% of energy consumption since 2016.
Recently, Office Depot has stepped up its curbside and in-store option to 30 minutes at its OfficeMax and Office Depot stores across the US. Customers can leverage this convenient and free top-of-the-range service by just placing a qualifying purchase online or via the Office Depot smartphone app and choosing the ‘Store and Curbside Pickup’ option at the checkout at least 2 hours before the shop’s closing hour. For curbside and in-store pickup orders not ready within 30 minutes, customers will get a $5 discount on their next qualifying order.
- Staples Inc.
Revenue: $14 Bn
Staples Inc. is an office equipment supplier founded in 1985 by Tom Stemberg. Since its inception, Staples Inc. has become one of the leading office supply companies globally providing all types of products to customers at affordable prices while prioritizing customer needs. The firm supports businesses of all sizes and shapes, from entrepreneurs to the Fortune 100 and everything in the middle.
Staples Inc. provides a range of office supplies and products, including paper, electronics, safety supplies, , furniture supplies, cleaning supplies, ink & toner supplies, and much more. Staples Inc. received the 2019 Energy Star Partner of the Year Sustained Excellence Award. Staples Inc. has collected more than 48 million pounds of e-waste so far.
Lately, Staples Inc proposed to acquire the parent of Office Depot in a deal valuing the organization at $2.1 Bn, the newest attempt to consolidate the office supplies realm to better compete against digital retailers.
The deal involves the acquisition of the ODP Corporation's consumer business, including the OfficeMax and Office Depot retail shops business, direct channel business, and OfficeMax and Office Depot intellectual property, including all brand names.
Furthermore, Staples has landed in the top 25 of the US Environmental Protection Agency’s (EPA) Green Power Partner list. In 2006, the office equipment supplier delivered over 2,900 various office products containing recycled content.
- Amazon
Revenue: $280.52 Bn
Presenting the undisputed leader in the office supply space with a whopping $280 Bn in revenue. Amazon was launched in 1994 by Jeff Bezos as a way to provide businesses of all sizes with what they need to operate successfully. Amazon Business provides business-only prices so that a business of any size can benefit and cut costs.
Administrators benefit from Amazon Business as they can easily monitor their expenditure. Spend analytics and multi-user accounts are some of the benefits of Amazon Business along with approval workflows. The reporting and analytics enable easy tracking and enable businesses to understand spending through various dynamic charts.
Customers can save 5% or more with bulk discounts and offers while purchasing office supplies on Amazon Business's website. Business Prime membership is available to Amazon Business account holders too whereby additional benefits can be availed when businesses purchase from the website.
Furthermore, Amazon Business boasts a reputation for fast and reliable shipping. It offers free shipping on selected office supplies and active promo codes available on the internet. The e-commerce giant makes it pretty easy to return the products that are flawed or ordered accidentally.
Reference:
https://www.owler.com/company/lyreco
https://www.macrotrends.net/stocks/charts/ODP/office-depot/revenue
