Asset
Tagging with property ID asset tags and security labels has a substantial list of benefits
for organizations. One of the most attractive and visible gains
are long term cost reductions for large enterprises that continue
to track and monitor assets over time. Below are just a few important
benefits of tracking with asset tags:
- Identify
owned assets quickly and easily with visual inspection
- Track
serial or model numbers efficiently with barcode
stickers
- Simplify
inventory with bar code imprinting of property ID asset tags
- Track
high value movable equipment such as laptops & PDA's
- Save
time and money in duplication of assets between departments
- Increased
security with regular tracking & monitoring
- Reduction
of theft with visual identification of assets with security labels
- Monitor
asset movement between locations
- Compliance
with insurance or government regulations
- Track
useful life of assets and depreciation schedules
- Schedule
maintenance, service and replacement of owned assets
Bar
codes on asset tags simplify all of the above tasks by allowing
scanning of objects with decoders/readers minimizing costly human
errors in transcription, which can lead to misidentifying assets.
Color
coding of property ID asset tags can simplify visual identification
and, in smaller organizations, eliminate the need for barcoding
of asset tags. In larger organizations, color coding can be used
in conjunction with barcode
stickers to indicate departmental ownership or date of
acquistion of tracked assets.
Property
ID tags are required for some insurance and government compliance
programs and can be part of military or Department of Defense (DoD)
contract qualification for vendors supplying those organizations
and their contractors.
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