What is an asset label?

An asset label is a label which is used to identify equipment for inventory or tracking purposes. Each label will have a number which corresponds with the asset database for the relevant business or organisation and may also include numbers for the model and serial of the equipment. An asset label may include a bar code which can be quickly scanned when checking inventory. The label can have a company or organisation’s logo or information on it for easy identification.

What are the benefits for my business?

Asset tags can be used to help track inventory and equipment, prevent the loss of equipment or products and assist with accounting. They can also be used for monitoring when an asset needs to be repaired or updated, or even replaced. Asset tags can also be used to track and keep up with warranty service contracts. When equipment is shared, using asset tracking helps to keep track of its location within the business. When taking inventory checks or completing manual tracking, asset labels reduce the chance of errors that can crop up when this process is carried out manually.

What kinds of assets need asset labels? 

Asset labels are useful for both fixed and moveable items. Below are of some examples of moveable assets and fixed assets:

Moveable assets

– Printers
– Projectors
– Laptops and computers
– Storage, e.g. filing cabinets

Fixed assets

– Signs
– Machines
– Vehicles
– Buildings
– Furniture
– Equipment

What are asset labels made of?

Because of the range of applications for asset labels, they can be made from many different types of material. Labels for indoor items may be printed on vinyl, polypropylene or polyester, for example. Outdoor labels may be printed on sturdier materials such as aluminium, which is resistant to many outdoor elements.

 

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