If you are the manager of a business, you will know that your business will hold many assets. These assets might be things such as computer equipment, desks, machinery or even tools. It’s your company assets which makes your company tick, so without them your company may struggle to function. Because of this, many businesses want to know where their assets are and how much money they have tied up in their assets.
To solve the problem of not knowing what assets a company may own, asset tagging is commonly used. Each asset is uniquely identified with its own number or barcode or both and a database of all the assets can be kept in computerised form. Information about the assets might include the purchase date of the asset, when the asset needs to be checked for electrical safety, where the asset should be located and if there is any manufacturer’s guarantee left on the asset.
Tracking assets which have asset tags fitted thus becomes really easy. Computer equipment and asset scanning equipment can be used and an up-to-date database of all asset information can be held.