Almost every organisation ceaselessly strives to decrease their expenditure and save money. However, investing in asset labelling and tracking systems could eventually help your organisation save a lot of money in the future.
Even if your company has a policy that they will not buy any new equipment till such a time, the least that can be done is to make an audit. If possible you can also implement systems that will help in preventing your company’s assets from being misplaced or stolen.
If you think that keeping track of your company’s fixed assets, their maintenance and status is becoming a herculean task, then asset labels can be the answer to your problem. These are some simple tools which are used for recording as well as identifying valuable business equipment. Asset labels are available in a wide variety of materials and styles. They can be attached with the use of permanent adhesive and can also be customised to have your own business’s name and logo.
It is also used to label equipment. It is advised to maintain a register with the information of the assets in case of a fire or theft. This will prove helpful in keeping track of the goods. In addition, the asset labels help to make an insurance claim, as it acts a proof of the materials that were in stock.
The printing of labels can be done on aluminium foil and polyester type materials, which are not only durable but can easily stick to almost all types of surfaces. Some of them will leave the word “VOID” behind if the label has been removed from the surface. These are just some simple measures to avoid any possibility of theft.
Labels can also have a barcode printed on them. This is a useful feature which can be used for audit checks. The entire process of audit can be carried out very quickly with the scanning of barcodes combined with the use of asset management software.
Asset labelling and tracking software increases the efficiency of organisations. These systems not only give you a pinpoint location of your equipment at any given point of time, but also provide information about repairs and maintenance and the overall status of the equipment.