5 Benefits of Barcoding for Enterprise Asset Management

Especially in today’s economic climate, warehouses and factories worldwide must continue to maximize the output from their limited hardware and resources. The search for greater efficiency has led many organizations to implement Enterprise Asset Management (EAM) platforms that have enabled drastic improvements in operations. Data from a recent survey conducted by A.T. Kearney showed that businesses …

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28 Inventory & Asset Management Pros Reveal the Most Effective Ways for Organizations to Track High-Value Assets

If your company manages high-value assets, you know just how important effective asset tracking can be. High-value assets that are small in size are often subject to theft or diversion, while larger high-value assets, such as equipment, often require regular preventive maintenance to keep your investments running optimally throughout their lifetime. Effective asset management is …

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6 Steps in Asset Tagging Process Flow

Any organization that utilizes asset tagging to manage physical assets needs a clearly defined, efficient process for tagging assets as they’re acquired and monitoring assets throughout their usable life. What is Asset Tagging? Asset tagging is the process of affixing identification tags or labels, also known as asset tags, to assets. Asset tagging is used …

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4 Types of Inventory Control Systems: Perpetual vs. Periodic Inventory Control and the Inventory Management Systems That Support Them

Inventory control systems are technology solutions that integrate all aspects of an organization’s inventory tasks, including shipping, purchasing, receiving, warehouse storage, turnover, tracking, and reordering. While there is some debate about the differences between inventory management and inventory control, the truth is that a good inventory control system does it all by taking a holistic …

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Warehouse Management Software: The 52 Best Tools and Systems to Improve Warehouse Efficiency, Reduce Overhead and Boost Profits

Describing a warehouse manager’s job as busy is an understatement. Warehouse managers must be able to manage, control, and track inventory, shipments, and operations as efficiently as possible. And, when that manager is in charge of multiple warehouses, the workload and stress increase tenfold. That’s why warehouse management software and tools are a must-have for …

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What is an Asset Tag?

A Definition of Asset Tags Asset tags are identification tags attached to assets. Assets are defined as physical property, and fall into two primary categories: Fixed assets – Also known as infrastructure assets, fixed assets may include road signs, bridges, tunnels, water and sewer systems, dams and lighting systems, land, buildings, equipment, and machinery that …

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Asset Tag FAQ

Here are some frequently asked questions about asset tags. What Are Asset Tags? Asset tags are identification labels attached to an asset. There are two types of assets: movable and fixed. Movable Assets are considered to be objects such as furniture and computer equipment that are not part of a facility. Fixed Assets, also known …

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