Every year, businesses lose massive amounts of money due to poor inventory management. This mostly happens through mishandling, clerical errors or due to theft of assets. Due to this, the operating expenses of the company also increases. This creates a negative impact on the company brand image. It also increases the possibilities of leaking confidential […]
Asset tagging is crucial for any business if you have to deal with a large number of products. This is important as keeping a tab of your entire inventory is physically very taxing and requires a lot of human effort. People may have a number of reasons as to why they need to tag their […]
We are familiar with barcode labels today, but how many of us still scratch our heads as we stand in the queue at a supermarket and watch the barcode labels on different products being scanned? Yes, barcode labels still mystify. Barcode labels were introduced many years ago and today they are seen on almost every […]
Barcode labels offer a range of different advantages for small, medium and large sized businesses. Reducing overhead costs, accuracy in inventory management and efficiency in business operations are some advantages of using barcode labels. As data is important for business organisations, using barcode labels for assets is an excellent solution. This type of data collection […]
Individuals working in supermarkets, retail stores and warehouses need to perform regular checks on their inventory items. While this is a difficult task, using barcode labels and asset labels can simplify the process. The inventory checks are mostly performed outside work hours. The process involves counting each and every asset available in the retail store. […]
You may have seen barcodes while at the shopping centre. They are a set of thick and thin parallel lines, with some numbers at the bottom. They are often found tagged to a purchased product. A barcode is an optical representation of data, able to be read by a machine. Barcodes usually have their data […]
It is just not practical to tag all our worldly possessions. It would be akin to a return to our school days, when everything from our lunch-boxes to clothes would be tagged. What are the reasons for tagging my assets? You must first ask yourself why the tagging is needed. Be it a private firm […]
Asset labels are used to identify different assets or products, and they are generally used for commercial purposes. With the help of these labels, you can ensure that each and every product is labelled and therefore you can locate these products easily as and when needed. A few reasons to use asset labels are as […]
