Everything you need to know about asset tags: types, applications, and advantages

Asset tags simply refer to labels or stickers that are put on valuable assets to make it possible for a person to manage or monitor them. These serve to shed light on the identification and management of assets in the most efficient way. There are many features of asset tags, and depending on the need and place where they are going to be installed, there is a particular type of asset tag that one can buy. This article aims to discuss the various kinds of asset tags and their usage and importance, with more focus on the utility of asset tags.

What are asset tags?

Asset tags are the labels that are usually used on various items with the intention of identification during tracking. Most of them are labelled with a serial number or a barcode to facilitate identification of each item. Offices, schools, hospitals, and other organisations where physical assets must be managed regularly incorporate asset tags.

Types of Asset Tags

  1. Metal Asset Tags
  • Material: Aluminium
  • Size: 1.75″ x 0.75″
  • Starting Price: $230.00

Features: These tags are strong and wear-resistant, which makes them long-lasting. They are employed in applications that require strong and durable materials to be employed in the production of the products. Metal asset tags are ideal for items that are exposed to various conditions.

  1. Destructible Asset Labels
  • Material: Special destructible material
  • Size: 1.75″ x 0.75″
  • Starting Price: $65.00

Features: These are labels that can be labelled tamper-evident. If someone attempts to get them out, they will subdivide, and it will become visible that somebody attempted to take them out. They are ideal for applying to valuable or sensitive equipment.

3. Metal Asset Labels: Aluminium Foil

  • Material: Aluminium foil
  • Size: 1.75″ x 0.75″
  • Starting Price: $130.00

: Features: Aluminium foil bags are made from a very stiff and strong material that is also fairly flexible. They fit different settings, and they can handle a certain level of stress and abuse.

4. QR Asset Tags

  • Material: Hinged covers are usually of the plastic or metal type.
  • Size: 1.75″ x 0.75″
  • Starting Price: $230.00

Features: These tags have a barcode label that can be read with a smartphone or a barcode scanner. Due to the QR code, information related to the location of the asset, its maintenance history, and the current usage status is obtainable.

Uses of Asset Tags

  1. Inventory Management

   Asset tags are used to make the identification of particular inventory easier since each inventoried asset is given a specific tag number. This can be of great help in matters like monitoring the stocks, doing an audit, or even organising the inventories.

  1. Asset Tracking

   Asset tags help an organisation keep track of the position and condition of its assets. It is very useful for business organisations that have needed monitoring of their types of equipment, tools, or even machinery, which are costly.

  1. Security

   They also improve the security of the assets since, in the case of loss or theft, the authorities can easily link the stolen goods to the owner. Tamper-evident labels and QR codes make it nearly impossible to steal or gain improper access to the asset since one can easily tell whether the label is fake or not.

Advantages of Assets tags

  1. Improved Efficiency

   Asset tags serve as a way of simplifying the management and tracking of assets within the company. By making asset information easily retrievable, the employee has an easier time getting the item one requires, thus increasing efficiency.

  1. Reduced Losses

   Asset tags counter the threats of theft or loss as they give some direction on how the specific assets are to be traced. They help in locating missing or stolen property in that it is easier to track them.

  1. Enhanced Accuracy

   Labels minimise mistakes when it comes to tracking assets in inventory. Barcodes or QR codes work well in that they guarantee efficient data entry and data access.

  1. Cost Savings

   There is an initial cost for purchasing the asset tags; however, the savings are enormous in terms of the number of items that could be lost, time wasted, and correct tracking. This can mean huge savings over the years to come as the costs of certain tasks and operations start adding up.

Conclusion

It reflects that asset tags have a huge importance in the organisation, especially in the management of physical assets. Including metal asset tags and destructible labels to QR codes and barcode labels, each has its characteristics for specific use. The biggest determinant of which type of asset tag to use is the features of your setting and the type of assets under your tracking system.

If you have been searching for effective techniques to strengthen your firm’s asset management system, consider incorporating asset tags. They also help with tracking and security, as well as cutting costs and increasing efficiency.

There is a possibility that you will need to add more options to your asset management solution; this is where custom banners can be helpful to you. It allows using them as the immersive medium for presenting the information and increasing visibility.

Keep an eye for more latest news & updates on Gossips!