The effect of the recession has meant that many companies are delaying the purchase of new equipment until such time as finances improve. Whilst spending money on asset labelling and tracking might seem to be an expense that a business could well do without, but in the long run it could prove to be very helpful in saving money.
If the decision has been made to postpone the purchase or replacement of existing assets, it might be a good idea to conduct an equipment audit in order to prevent any items or goods from being stolen or misplaced. This also serves a dual function of analysing the security of the business and taking additional measures if they are needed.
Asset labels are a simple tool that can be used to record as well as identifying valuable business equipment. These asset labels are a valuable tool when performing auditing of all the business equipment, helping to keep track of all the company’s goods. The printing of asset labels can be done on aluminium foils and polyester material both of these are very durable materials and can be attached to almost any surface. There are also some asset labels which leave a ‘void’ mark indicating that the label has been tampered with.
Asset labelling and tracking programmes increase the efficiency of organisations, which through them help to determine exactly which piece of equipment is where at any given point in time. The tracking programme also keeps track of useful information such as date of purchase, repairs and maintenance.