| At the moment, many organisations’ budgets are | | | | remove them. Some will leave the word “void” |
| tight and lots of businesses are trying to reduce their | | | | behind if the label is removed. Both of these measures |
| business spend wherever they can. Investing in asset | | | | help deter thieves. |
| labelling and tracking could actually save your business | | | | Labels can also be provided with a barcode. This |
| money in the long run, though. | | | | feature means audit checks etc. can be carried out |
| Even if you are having a moratorium on buying new | | | | very quickly by scanning the barcodes and uploading |
| equipment until finances improve, now is a good time | | | | the data into asset management software. |
| to do an equipment audit and implement systems | | | | Types of asset labels |
| which prevent your business’s assets being lost, | | | | There are various types of asset labels available to |
| misplaced or stolen. It is also a good time to evaluate | | | | suit all industries, equipment and needs. |
| security within your business and consider whether | | | | These include: |
| there are any additional measures you could take to | | | | - Self-adhesive |
| protect equipment. | | | | - Polyester |
| Asset labels | | | | - Foil |
| Do you find it a challenge to track the location, quantity, | | | | - Ultra destructible |
| condition and status of all your fixed assets? Asset | | | | - Tamper-evident |
| labels are a simple tool for recording and identifying | | | | - Stainless steel |
| your valuable business equipment. Asset labels come | | | | - Polycarbonate |
| in a wide range of materials and styles. They can be | | | | Asset labels and tracking |
| attached with a permanent adhesive and personalised | | | | Asset labelling and tracking programmes make |
| with your business’s name and logo. | | | | organisations more efficient. They mean you’ll |
| As well as labelling your equipment, it is also | | | | know where each piece of equipment is at any one |
| recommended that you keep a register of all your | | | | time, as well as providing other important information |
| assets in case of theft or fire. It’s worth bearing in | | | | such as purchase information and details about |
| mind that some insurance companies will require proof | | | | maintenance and repairs. |
| of your equipment. | | | | Setting up an effective tracking programme is easy |
| Labels can be printed on aluminium foil and polyester | | | | with asset labels. They are available in a number of |
| material, which are very durable and stick well to | | | | formats and sizes, all with numbering including easily |
| almost all surfaces. There are other label materials | | | | scannable asset barcodes. |
| available which will destruct if someone attempts to | | | | |