A pencil here, a paper clip there - and pretty soon you're talking about real money. First Fidelity Bancorp., for example, had been spending about $5.5 million a year to stock supply cabinets at its more than 650 offices with such mundane items as pens, computer disks, and toner cartridges.

To save money, the Newark, N.J.-based bank in late 1992 turned to an outside firm to simplify its purchasing of office supplies. In the first year of its three-year contract with National Office Supply Co., South Hackensack, N.J., the bank says, it has saved nearly $1 million, or about 18%.

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