I think you need to think about what will work FOR YOU. Everyone has their own system of what works for them.
For fabric--do you buy mostly fat quarters? Larger amounts of yardage? Do you buy for one project at a time or do you have an ever growing stash? Now--what will work better for your fabric storage? Do you want open shelves so that you can see your fabrics? Will plastic bins work better for you so you can sort by color or type of fabric? Or stacking drawers? They come in wood, wire, or plastic.
Are you a notion junkie? Do you have lots of rulers? Do you like to have everything right at your fingertips and in plain view or do you like the sleek look of everything stored away and out of sight? You can use peg board and hang LOTS of items---threads, rulers, etc. Or you can store mats and rulers flat in a cabinet. Your thread can be stored in a thread case or hung on a thread holder on the wall.
There are so many places to buy organization tools for your quilt room. And you do not have to spend a fortune either. Look at Walmart, Lowe's, Staples, your local thrift store, yard sales, etc. You can spend as much or as little on organizing your space as you can afford. You just need to decide what works for you.
I bought this book and found the tips and hints in it to be wonderful. You may be able to find it in your local library too.