Loaning out equipment? Use asset labels to keep track of everything

Asset labels, also known as asset tags, are commonly used by companies wanting to keep track of all their assets. Whether it is valuable equipment and tools, computer equipment or simply desks and chairs, asset tagging items gives business owners a quick and easy way to mark their property.

However, asset tags also have another very important use. If your company regularly loans out tools, equipment or other items to other firms or organisations, or even individuals, you may be looking for a better way to keep track of everything.

By attaching asset tags to every piece of equipment you loan out, you can track when it leaves and when it returns. This helps you to plan your loan schedule, as well as helping to determine when items are due back in and when they have been returned late.

Some asset labels have another feature – a tamper-proof structure. If you are unlucky enough to lend out items to an unscrupulous firm or individual who decides they don’t want to return the item, it will not be possible for them to do so undetected. Not only will you know that the item hasn’t been returned, and who has got it, but the labels attached to it will split into noticeable pieces when someone tries to remove them. This makes it instantly clear that tampering has taken place.

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