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Color
Coding of Asset Tags & Security Labels is sometimes done to distinguish assets
visually on quick inspection without the need to get close enough
to read sequential numbers or scan barcode stickers. Reading those tags very quickly
by color could save significant time for departmental, limited,
or small-scale inventories.
Some
examples: Color code assets for accounting department green, facilities
maintenance department purple, while sales department assets are
color coded red. Choose colors to represent the year of asset acquisition
and rotate through colors representing assets acquired each new
year. Types of assets could also be distinguished by color with
computer equipment carrying blue asset tags, furniture with yellow
tags and fixtures, black tags.
Black
asset tags are most resistant to fading outdoors. Red asset labels
are seen quickly against most machinery and silver asset tags are
least noticeable on publicly viewable assets.
Color
coded assets tags can also be used in conjunction with barcoding
to distinguish barcoded items scheduled for scanning of individual
groups of items by department, year of acquisition or type of asset.
Benefits
of barcode sticker assets tags? Substantial cost savings for large enterprises:
- Speed
data collection by tracking assets with barcode scanners / readers
while eliminating transcription errors.
- Reduce
data entry time with barcode scanners to record asset data instantly.
Data entry by skilled typists averages one error in three hundred
keystrokes, while barcode readers average about one in three million
scans error rate.
- Reduce
losses casued by data collection errors, a benefit that sometimes
exceeds the savings in data entry expenses.
- Managing
inventory and tracking assets efficiently saves money.
Inventory
Accounting Asset Tags
Yearly
asset inventory can be a tedious process without barcode stickers applied to each
asset. But with portable barcode readers it is possible to quickly
and easily take physical inventory of all company assets. Color
coding assets tags can be used for quick visual identification,
sequential numbering to facilitate unique identification and finally,
barcodes to allow fast and full asset inventories. Data from portable
barcode scanners is easily uploaded to a central computer system
for tracking and tally. Reducing the time taken to collect data
for annual inventories.
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