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.
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.
Tracking has now become a role or a function of a label. This becomes very important aspect since the tool can be easily tracked or traced to its location. For example, if the tool is placed in a crib and it is forgotten, it is very easy for a person to track it and retrieve it back to a site of construction. They help in locating equipment so that they are kept in safe custody. But the label should never be removed for that matter if you want to track the equipment.
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.
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.
Tracking has now become a role or a function of a label. This becomes very important aspect since the tool can be easily tracked or traced to its location. For example, if the tool is placed in a crib and it is forgotten, it is very easy for a person to track it and retrieve it back to a site of construction. They help in locating equipment so that they are kept in safe custody. But the label should never be removed for that matter if you want to track the equipment.
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.
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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