Assets in most cases are identified using uniquely serialized bar codes. These labels are mostly made of aluminum coated with anodize or polyesters with laminations. Company logos are in most cases identified using these tags. Borders contrasting to certain equipment are also labeled the same way. Actually, asset labeling reduces data entry errors as well as making it easy for identification. It makes it simple and easy to enter the data required.
These labels have changed inform of structure format and sizes as times goes by. This is due to the fact that people have adopted in labeling smaller, mobile or even less valuable assets. This has made people to make tamper proof, small and even incorporate tracking and tracing equipment in the labels. This has made these labels perform extra functions apart from identification alone.
The first function of these labels is to track the equipment. Usually, these tags are used in tracking where the equipment is. For instance, they are used to track the assets from the tool crib to the construction site. They are simply used to track the equipment from one room to another. However, the labels must remain with the asset over its entire life. They are basically used for check-in and for check-out.
Another function of these labels is inventory control. They are helpful in determining what assets you own. As a result, they play an important role when performing periodic audits of your assets, as well as calculating the value of assets over its life. These labels also play an important role in preventing theft. The tags make it easy for the employees or anyone else to return the equipment to the right person or owner. As a result, accidental misappropriation of assets is prevented.
Even if certain assets are less important may be because they are less important or less expensive, an organization codes them. This is brought about by the effectiveness of these tags and the cost associated with labeling them is less as compared to buying others when they are lost. These labels prove important in terms of ownership disputes.
These tags also come with different color codes. This makes it simpler and easier to classify the assets or equipment that can be yours. They are used to separate between different uses and classifications of tools. In case of mix-up, it becomes easier to identify as compared to barcodes where reading the codes will take a lot of time.
Machine-readable bar codes are also very popular. This makes sure that entry errors that are made by human beings when typing or entering the data are eliminated. It becomes very effective in organizations that deal with a wide variety or equipment with a lot of diversity. The barcodes provided are unique to equipment even if they look-alike.
Labeling, therefore, provides a room for maximum customer satisfaction in terms of easier and simple customer services. Time wasting is reduced. On the other hand it becomes more effective when controlling as well as keeping track of the assets at hand. This increases productivity and profit margins.
These labels have changed inform of structure format and sizes as times goes by. This is due to the fact that people have adopted in labeling smaller, mobile or even less valuable assets. This has made people to make tamper proof, small and even incorporate tracking and tracing equipment in the labels. This has made these labels perform extra functions apart from identification alone.
The first function of these labels is to track the equipment. Usually, these tags are used in tracking where the equipment is. For instance, they are used to track the assets from the tool crib to the construction site. They are simply used to track the equipment from one room to another. However, the labels must remain with the asset over its entire life. They are basically used for check-in and for check-out.
Another function of these labels is inventory control. They are helpful in determining what assets you own. As a result, they play an important role when performing periodic audits of your assets, as well as calculating the value of assets over its life. These labels also play an important role in preventing theft. The tags make it easy for the employees or anyone else to return the equipment to the right person or owner. As a result, accidental misappropriation of assets is prevented.
Even if certain assets are less important may be because they are less important or less expensive, an organization codes them. This is brought about by the effectiveness of these tags and the cost associated with labeling them is less as compared to buying others when they are lost. These labels prove important in terms of ownership disputes.
These tags also come with different color codes. This makes it simpler and easier to classify the assets or equipment that can be yours. They are used to separate between different uses and classifications of tools. In case of mix-up, it becomes easier to identify as compared to barcodes where reading the codes will take a lot of time.
Machine-readable bar codes are also very popular. This makes sure that entry errors that are made by human beings when typing or entering the data are eliminated. It becomes very effective in organizations that deal with a wide variety or equipment with a lot of diversity. The barcodes provided are unique to equipment even if they look-alike.
Labeling, therefore, provides a room for maximum customer satisfaction in terms of easier and simple customer services. Time wasting is reduced. On the other hand it becomes more effective when controlling as well as keeping track of the assets at hand. This increases productivity and profit margins.
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