What Are Asset Tags?
Asset tags—also known as property tags, ‘property of’ tags, asset tag labels, inventory tags, or property ID labels—identify various pieces of physical assets. Most organizations rely on these to label and track inventory as well as discourage fraud. Some organizations opt to use asset tags for their moveable assets, such as computers.
The Benefits of Labeling Assets
Detailed and reliable asset tags are crucial in industrial applications. Many of our partners need to keep track of hundreds—and sometimes even thousands—of different physical assets. Tracking inventory and capital on this scale requires more than just a manual count of goods. Asset labels allow insight into critical information like operating condition, location, and more.
Inland Products also works closely with clients who perform tasks outside of company facilities. Applications that require products to be brought out into the field present a handful of unique challenges. Not only can conditions lead to damage, but equipment and products can also be lost or stolen. Using asset tags to label these goods helps mitigate the chances of losing products or equipment forever.
An organization can benefit from asset tags thanks to:
- A simplified asset tracking process
- Easier automation for data collection and documentation
- The ability to implement automated routine maintenance
- The freedom to track repairs
- Cost-tracking capabilities
- Maintenance and downtime monitoring
- Reduced likelihood of theft or loss of assets
Some organizations opt to utilize asset tags that include built-in security features, which make it easy for organizations to deter theft and control their assets.
Applications for Asset Tagging
Most organizations opt to track a select group of their assets, such as exceptionally expensive pieces of equipment and tools. Goods like these can present a significant expense to a brand if they’re lost, damaged, misused, or stolen. Business-critical goods often benefit from asset tags as well.
Brands can also choose to track additional assets on an as-needed basis. If much of an organization’s work is performed in the field, for example, they may benefit from asset tagging work equipment that wouldn’t be tagged in-house.
Here are a few applications or industries that rely on asset tags:
- Medical equipment and devices
- Power tools
- Industrial machinery, tools, and equipment
- Oil and gas
Using asset tags in these instances can help with a variety of tasks, including tracking expenses, staying on top of maintenance and regulation requirements, reducing errors in manual data collection, and streamlining service for customers.
Custom Asset Tags From Inland Products
At Inland Products, we understand how crucial asset tags are to tracking inventory and maintaining profitability. Our team strives to help clients select the best asset tags for their unique needs. We offer:
- Metal asset tags
- Aluminum asset tags
- Foil asset tags
- Plastic asset tags
- Inventory tags and stickers
- Barcode tags
Interested in learning more about our custom asset tag products? Request a quote today or contact us for more information. A skilled member of our team will help you find the custom asset tag that’s right for your organization.
For a complete list of all of our property of labels, asset tags, and other identification products please visit IdentificationTags.com.