I think I'm under or out of control, depending on how you look at it. Seriously, I dedicated thirty three buckets to scraps...try thinking of that many categories. I'm tired and haven't even started sorting the bulk of the scraps, that should theoretically end up in the thirty three buckets.
There are lots of helpful books written on organizing us quilters, you'd think we have a reputation for being overrun by fabric or something.
From all the reading I've done and my own personal experience, I think it's important to ask your self what kind of quilter you are? One project at a time or multiple like me. What type of buyer are you? Just enough fabric per project or the 58 meters, in one shot type, like me....surely there are others of you out there.
How do you work on a project? The book Organizing Solutions for Every Quilter gets you thinking about some of these things. In order for your work space to work for you it should be personalized for you. Even if you only have a small corner in your house (trust me, I used to be there), it helps if you understand your personal habits and needs.
Just a quick example, the book Cut the Scraps, has you cut your scraps into nice neat consistent squares & rectangles, of various sizes, that all work together, making some of the really lovely quilts, in the book. It's really a well thought out system, but I want wonky scraps for more improvisational type work....so that's not the best thing for me.
Both of these books are fabulous and very helpful.