Asset labels are an excellent way of keeping track of everything a company owns. Companies across the UK are trying to make financial adjustments which will help them make savings across the board. And one of the ways they can do this is by completing an inventory of every item they own so that claims can be made for missing items and so that items aren’t duplicated.
It’s easy for things such as small electrical peripherals to go missing, but these can add up to a huge amount of money if you have a large business. So when you add to this equation all the other times which ‘disappear’ at work it’s easy to see that savings can be made.
When all your portable items are fitted with an asset label the chances of them going missing are drastically reduced. People see the label which indicates ownership, so they are more likely to take care of the item.
A database of all these items can also be kept so that it’s easy to track and locate any item. This can save time and can make ordering duplicate items much easier.
If you use an asset tracking system it’s worth taking a look at the new barcode asset tracking systems which save time when stock taking whilst also improving efficiency in terms of item tracking.