This is what I do.
If the scrap is a fq- gets folded and put in the fq section of my room.. if its smaller than a FQ then:
I cut the largest shape i can get from the scrap using my go dies.. and i keep using the left over fabric- matching fabric size to die shape- till all i have is threads- because even an inch piece gets put in the crumb basket...
I am a scrappy quilter, so when my sterilite drawer gets full of what ever designated size it is- gets turned into a scrappy quilt- already precut, and ready to be sewn...