A method for synchronizing consumption of a plurality of toners in a printing device by implementing an automated toner Throughput rate reduction is disclosed, comprising steps of detecting levels of the plurality of toners; identifying, based on a given criteria and detected levels, at least one toner out of the plurality of toners that is running low; calculating a Throughput Rate Reduction (TRR) for each of the identified toners; and reducing Toner Throughput Rate (TTR) at the current printing mode for the identified toner by TRR thereby conserving the identified at least one toner. The toners are identified for reduced throughput based on a dynamic threshold that is equal to difference in its level as compared to toner having highest level. Dynamic thresholds for toners is determined either dynamically at beginning of each print job, or periodically at set intervals, or in combination of two.