Asset tags are identification tags attached to physical property. Asset tagging is the process of adding tags or labels to assets to identify each and track data from real-time location to maintenance history. These tags can be assigned to fixed and moveable assets spread across multiple sites and warehouses.
Asset labeling opens up many data tracking possibilities, particularly when used alongside a computerized system such as Asset Tracking Software. In this blog, we will cover the different types of assets you can tag and some benefits of using them.
Asset ID Tag Categories
As we mentioned before, asset tags are identification tags attached to physical property and can be categorized in two:
Are also known as infrastructure assets, which include lighting systems, buildings, equipment, and machinery attached to a building.
Moveable assets refer to physical property, such as furniture or equipment, which are not attached to a building. They include commonly moved assets such as computers.
Asset Tags are used to identify assets’ useful lives, keep track of inventories, track “work-in-process,” and tag assets for Computerized Maintenance Management Systems (CMMS).
You can collect a variety of information and enter it in a digital asset register by labeling and tagging items. Data on assets may include:
- Real-time location
- Purchase history
- Maintenance schedules
- Depreciation value
Benefits of Using Asset Tags
Asset tags offer a variety of benefits to businesses. Asset tagging is a fundamental component of effective asset tracking systems, allowing organizations to record and control moveable assets as they move through the organization. Fixed asset tags are useful for automating documentation and collecting valuable data regarding asset utilization, automating routine maintenance, and schedule tracking repairs.
For moveable assets, ID tags are a valuable tool in loss prevention. Assets shared among departments or those that are constantly moving between departments are easily lost, and sometimes they could even be stolen.
Using asset ID labels with built-in security features enables organizations to keep track of assets that are rarely even in the same location.
One-Stop Shopping for All Your Asset Tagging
Now that you know what an asset tag is and some of its benefits it is time to consider getting asset ID labels for all your fixed and moveable assets. Asset tagging protocols are essential for businesses that rely heavily on their assets to generate revenue. This enables staff to track physical items and equipment tagging.
At Name That Computer, We offer a variety of products and services to help you with your asset tagging system. We also provide custom asset tags for equipment, computers, and other products to help you keep track of them. Please get in contact with us today at 1-800-567-6527!