At the right hand end of my desk, being a right-hander, this little set of shallow drawers is invaluable for my small tools. When I picked it up for $25 at a wholesale art supplies store, it was labelled for pastels, but is very suitable for all my small tools.
The drawers have compartments and the top two are quite shallow - knives, cutters, punches, tweezers, various pencils, pens and brushes. In the bottom drawer which is deeper, I keep slightly bulkier things such as scissors, paper folder, short rulers, and things for poking and roughening.
On the top I put the quick-grab things relevant to the project such as the stamping buddy, Krylon gold leaf pen, embossing tray, glue stick and brayer.