Basically, labels are used on assets to identify them using a bar code or a unique serial number. In most cases the materials used for these labels are laminated polyester or an anodized aluminum. The commonly used designs for these tags are company logos, as well as a border that has contrast to the equipment. However, barcodes are used in asset labeling to enhance data entry and minimize errors in the entry fields.
Due to dynamism in assets formation and sizes, these tags also have changed in order to fit in each and every aspect, style, shape or size. Mobile equipment, small but valuable or even important but less valuable equipment have increased. Therefore tags of different nature such as tamper proof have been made in order to fit each and every field.
These tags are no longer used for identification alone but they are also used for other reasons such as tracking. Due to advancement in technology, they have now come up with techniques that help in tracking system and activities. This makes sure that if the equipment is stored in the wrong place, it will be retrieved to its right storage place.
In stores management and asset financing, inventory control is very crucial. These labels are used in these activities in order to value the asset worth of a person. These labels play a very important role when carrying activities such as asset auditing. When it comes to theft cases, they act as security agencies since after successful tracking, the asset will be retrieved back.
Generally, not every equipment require tagging. However, due to the many uses of these labels and tracking systems, organizations find it to be cost-saving to track other assets that are not even considered necessary. Usually, any equipment that requires some sort of monitoring such as location, maintenance, utilization planning or anything else should be labeled. On the other hand, the equipment that need ownership verification and those that could be lost, damaged or stolen should be laballed for security reasons.
Colors in these tags are coded differently. Due to different colors used, classification and categorization becomes very easy. In case there is a mix-up, it is very easy to separate the tools or assets by the help of the colors. This makes it simpler than when using the codes alone and eventually time-saving is achieved.
On the other hand, bar codes offer machine readable recording, error-free, and prevention of manual transcription errors that are caused by humans. These bar codes are usually necessary and valuable for educational and business institutions with diversified inventories of physical assets that require monitoring, tracking, and maintenance.
Customers in this case benefit a lot as they do not have to spend their time waiting for identification of what they need. The price is tagged also and incorporated in the barcode therefore monetary calculations are direct from the reader. This reduces any waste of time as well as preventing overcharging by some attendants as well as preventing stealing. This also benefits the organization by realizing much profit.
Due to dynamism in assets formation and sizes, these tags also have changed in order to fit in each and every aspect, style, shape or size. Mobile equipment, small but valuable or even important but less valuable equipment have increased. Therefore tags of different nature such as tamper proof have been made in order to fit each and every field.
These tags are no longer used for identification alone but they are also used for other reasons such as tracking. Due to advancement in technology, they have now come up with techniques that help in tracking system and activities. This makes sure that if the equipment is stored in the wrong place, it will be retrieved to its right storage place.
In stores management and asset financing, inventory control is very crucial. These labels are used in these activities in order to value the asset worth of a person. These labels play a very important role when carrying activities such as asset auditing. When it comes to theft cases, they act as security agencies since after successful tracking, the asset will be retrieved back.
Generally, not every equipment require tagging. However, due to the many uses of these labels and tracking systems, organizations find it to be cost-saving to track other assets that are not even considered necessary. Usually, any equipment that requires some sort of monitoring such as location, maintenance, utilization planning or anything else should be labeled. On the other hand, the equipment that need ownership verification and those that could be lost, damaged or stolen should be laballed for security reasons.
Colors in these tags are coded differently. Due to different colors used, classification and categorization becomes very easy. In case there is a mix-up, it is very easy to separate the tools or assets by the help of the colors. This makes it simpler than when using the codes alone and eventually time-saving is achieved.
On the other hand, bar codes offer machine readable recording, error-free, and prevention of manual transcription errors that are caused by humans. These bar codes are usually necessary and valuable for educational and business institutions with diversified inventories of physical assets that require monitoring, tracking, and maintenance.
Customers in this case benefit a lot as they do not have to spend their time waiting for identification of what they need. The price is tagged also and incorporated in the barcode therefore monetary calculations are direct from the reader. This reduces any waste of time as well as preventing overcharging by some attendants as well as preventing stealing. This also benefits the organization by realizing much profit.
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