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 as Infrastructure Assets, can include things such as road signs, lighting systems, land, or equipment and machinery that is attached to a building. Asset Tags are numbers or characters assigned on a bar code label and applied to both movable and fixed assets for useful life identification, inventory control, “work-in-process” (WIP) and computerized maintenance management systems (CMMS) tagging.
Which Assets Require Tagging?
Items that require any type of monitoring, reporting, labeling, maintenance or ownership verification in organizations such as large commercial enterprises, government, educational institutions can benefit from asset tags either with or without bar codes. UID labeling is required by military, aerospace, airline or Department of Defense (DoD) applications. Vendors and suppliers may be required to tag asset items sold for use by those organizations.
When Are Bar Codes Necessary for Asset Tags?
Bar codes provide error-free, machine-readable recording through bar code scanners, which eliminates manual transcription errors by humans. Bar codes are often valuable and necessary to businesses or educational institutions which have large inventories of physical property to monitor, track or maintain. Bar code scanners decode the bar codes and compare them against a database for tracking or maintenance purposes. Bar codes are strictly required if you are a vendor or supplier of products to certain military or government bodies which use UID equipment.
When Should I use Sequential Serial Numbering on an Asset Tag?
Asset tags used for fixed asset accounting, inventory control, quality, calibration, or maintenance purposes may benefit from human readable elements such as serial numbers or sequential numbering. This allows asset tags to be deciphered without scanners. Numbering of bar code labels can be non-sequential from any starting number or use any series you provide, such as in a Microsoft Excel file.
What is the Standard Size of an Asset Tag?
Camcode offers three standard sizes of asset tags:
Custom asset tags sizes are available on request. Create, view and order your own standard sized asset tags online through our asset label store page.
Where on the Asset Should I Place my Asset Tags?
Placement and positioning of asset tags is important to effective inventory programs. Consistency in the placement of these tags should be considered. This allows easy access for routine scanning. Although placing the tags in a remote spot may discourage tampering with the tag, it creates difficulty affixing the tags or locating them for scanning.
Here is a guideline of recommended locations for fixed asset identification tags:
Durable Asset Tag Solutions from Camcode:
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