Inventory control is one of the most important functions in any organisation involved in the manufacturing or distribution of products. Every organisation has an internal inventory control department. Labeling and coding offers the smooth functioning of inventory control. With numerous products in a constant cycle of deployment and replenishment, inventory control can be a challenging task. Labels for each asset make it easier to manage. Labels effectively track moving inventory. The benefits of asset tagging have been discussed here.
Safety and alignment
Tagging of assets ensures that products do not go missing in transit or storage. It helps to prevent theft. Tampered goods can be located and segregated easily. The implementation of an asset tagging system improves organisational efficiency greatly. Tamper resistant and theft proof goods fare better in the market. In retail stores, every product passing through the cash counter is instantly tracked. Asset tagging systems eliminate the tedious management of inventory.
Marking of fixed and temporary assets
Modern offices contain many expensive equipment items. The tagging of the equipment makes it easier to maintain them. The immovable equipment can be tagged permanently by aluminium, vinyl and laminated polyester labels. Temporary equipment can be tracked with plastic or paper based labels.
Retail product management
The bar-coding of every moving item in a retail store keeps track of items which are in the store and efficiently calculates the number required in the future. Instances of shoplifting can be eliminated by the installation of magnetic tags which raise an alarm as soon as they pass beyond the door scanners.
Barcodes are readable by an optical reading machine. Barcodes can be made more durable by laminating them.