When you are starting out in business you will need to make saving wherever possible, as money will undoubtedly be tight. And one area where you can save some of your hard earned cash is in your asset tracking and stock taking procedures.
The security of the products you manufacture or keep in stock is very important. This is why regular stock-takes are imperative. One of the best ways to protect goods is to use asset labels or barcode labels. Asset labels are a way of identifying every product that you own. Information about every item, which will feature a number or barcode, can then be kept in a database or asset register, so you can monitor products and stock.
Other asset label advantages include:
• You can identify similar items when you use asset labels
• All products you own will have a label attached with a number, name or company logo
• Asset labels make equipment audits easy
• Loaned items are always returned
• Time searching for lost items is minimised
• Additional marketing benefits can be had by using asset labels with logos or company names attached
When used properly, asset labels can be of great importance to a business, and not just for improving security but also for improving efficiency and making monetary savings.