Asset tagging and tracking is the process of affixing identification tags or labels, also known as asset tags, to assets. This is used for both fixed and move-able assets. It provides a way to identify individual assets throughout their useful life. Typically printed with bar-codes or QR codes, asset tags are scanned using a handheld bar-code reader or smart phone equipped with a bar-code scanning app, allowing users to obtain and document data regarding an asset’s location, maintenance history or other details. Asset tagging is commonly used for inventory management, work-in-process applications, and for managing maintenance and repair processes

It allows companies to assign a unique identifier to each asset. Printed with bar-codes, asset tags eliminate the need for manual data entry. This enables accurate and efficient inventory tracking and streamlined documentation of activities such as maintenance and repairs. By tracking each asset’s location, maintenance history, usage, and other details. Companies can simplify record-keeping and streamline reporting for accounting and tax purposes. The data collected for individual assets enables companies across all industries to make smarter, data-driven decisions, such as determining whether investing in new equipment is a more financially sound decision than repairing a piece of equipment that’s nearing the end of its expected usable lifespan.

We supply and install foil asset tags, rigid metal asset tags, polyester asset labels, tamper evident asset labels, destructible vinyl asset labels, removable asset tags and RFID asset tags.

Asset tagging and tracking