Best Uses Of Asset Tags

The basic function of any asset tag, also referred to as asset label, property ID tag or simply ID tag, is to manage and track assets in a variety of set ups. Whether it is a commercial enterprise, public sector or personal requirement, asset tags are crucial to identify, track and locate business or private property when needed.

Aluminum Asset TagsAsset Tags are used on a vast range of products- electronics, apparels, perishable products etc and are exposed to different environments. Indoor applications, outdoor applications, cold and warm temperatures require asset tags to possess characteristics that sustain these environments. A strong adhesive backing, tamper-proof properties and extreme temperature resistance are some of the characteristics that an asset tag possesses to function well in these different environments. Moreover, it is these characteristics of asset tags that aids in serving the basic function of identifying and tracking assets.

Although use of asset tags is broadly associated with identification and tracking of assets/property as stated above, there are some specific purposes, asset tags have been used for over the years. These are –

  • Theft Prevention – Equipment and products labeled with asset tags minimize the chances of theft.
  • Tracking – Asset tags are effective in tracking down an equipment or product. Companies can track products when they move in and out of the organization for reasons of repair, shipment, replacement etc. Labeling of products with asset tags accompanied with barcodes can help trace the products easily.
  • Recovery – Lost or stolen objects labeled with asset tags can be identified and returned to its rightful owner. Recovering lost items like cell phones, laptops, iPod etc is much easier if they are marked with asset tags.
  • Insurance Records – Companies that maintain a database of valuables through the use of asset tags and labels find it easier to file claims with insurance companies in case of unfortunate events.
  • Loan Applications – Most of the banks require firms to provide a proof of business assets while applying for loans. Asset tags and labels help maintain a database of these assets which can be shown to banks.
  • Reminders – Asset tags also work as reminders for upcoming repairs, expired lease, contracts, agreements etc. Perishable products marked with purchase dates or expiration dates are a classic example of asset tags working as visual reminders.

To make the best use of asset tags, it is important that keen attention is paid to their quality and Permaguard Asset Labelsproperties. A chemical or a steel manufacturing industry for example, would benefit from an asset tag that is chemical resistant and can withstand higher temperatures. Additionally, an asset tag should be designed using durable materials such as anodized aluminum, laminated polyester, vinyl etc to provide durability and strength. Asset tags can also be customized using company name, logo, numbering etc to suit different requirements.

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