5 Ways to Use Asset Tags with Your Asset Tracking Software

Investing in asset tags is a great idea if your company deals with a large variety of physical assets. Bolstering asset visibility can lower overheads and save employees a lot of time. It also helps companies quickly pull up details, plan ahead for the future, and make well-informed decisions about procurement and maintenance. The worrying …

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3 Essential Asset Tracking Tips for Schools and Educators: Automate, Plan and Collaborate with IT

Schools of all kinds must accurately track their assets to comply with the Governmental Accounting Standards Board (GASB) standards and the Financial Accounting Standards Board (FASB) standards in addition to being accountable to their stakeholders. As schools rely more heavily on funding and endowments from outside sources, they must manage and track their assets in …

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What is RFID? Types of RFID Tracking Tags, Their Uses, Disadvantages and How They Compare to Barcode Labels

A Definition of RFID Radio-frequency identification, or RFID, utilizes radio waves to read and capture information on RFID tags. RFID tags are embedded with a transmitter and receiver and may be placed on objects and items that need to be tracked for inventory or other purposes. The RFID tags include a microchip that stores and …

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Top Asset Management Conferences 2020: 50 Events to Learn the Latest Trends, Techniques in Asset Tracking and Management

Having a better handle on your fixed assets is important to managing your bottom line, so there’s no better time than the end of the year to strengthen your fixed asset management and property management strategies and plans. You don’t have to figure it all out on your own, though. There are dozens of conferences …

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Camcode to Present at American Gas Association Tracking and Traceability Workshop

Camcode’s Director of Business Development, Alan Cunningham, will present on the topic of tracking piping assets at the American Gas Association’s (AGA) Tracking and Traceability Workshop on Thursday, October 13, 2016. Cunningham’s presentation titled, “Developing an Existing Piping Asset Traceability and Tracking Strategy” will focus on the current state of asset management for gas companies, …

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Using Asset Management to Improve Maintenance and Cut Costs

Camcode recently helped petroleum company MIPC identify pipeline assets through unique products and customized asset management services. Through Camcode’s Asset Management Services: • MIPC developed a standardized numbering system for pipes and valves to easily and efficiently locate and identify pipeline assets • Camcode’s Metalphoto® barcode labels enabled MIPC to adopt a Maximo® Mobility Solution for preventive …

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Tightening Budgets and Bolstering Security: Healthcare Asset Management Goals

Industries and organizations across the country are continually feeling the effects of shrinking budgets, strict regulations, and increased pressure to better manage resources. The healthcare industry is no exception. Such was the case recently when it was discovered that nearly $6 million in state-owned hospital equipment was missing from Louisiana State University (LSU) hospitals, and …

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Best Practices in Utility Asset Management: Maximizing the Lifetime Value of Your Assets

Utility companies frequently struggle with balancing the need to invest in modern equipment and infrastructure with demands to minimize costs for customers. One of the most effective ways to avoid substantial rate hikes is to maximize the lifetime value of every existing asset (as well as new assets as investments are made). To get the …

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Are Automated Data Collection Systems Cost-Effective? How to Justify Your Investment

Automated data collection systems are often a substantial investment, particularly for enterprises first implementing company-wide initiatives involving thousands of assets. Automated data collection champions within organizations are often eager to prove ROI in order to justify both the effort and the cost. Fortunately, justifying investments in automated data collection is feasible, and often within reasonable …

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50 Informative Articles on Best Practices in Asset Management, Procurement, Reporting and More for Educators

From government standards and compliance regulations, to accountability to governing boards, stakeholders, and taxpayers, public schools and universities and private education institutions have a great deal to account for when it comes to procurement and asset management. Facilities and equipment also need to be maintained and reported properly. Everyone wants to be sure that money …

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