Fixed Asset Management and Asset Labels
17/02/2011
Tracking assets is an important concern of every company, regardless of size. Fixed assets are defined as any 'permanent' object that a business uses internally including but not limited to computers, tools, software, or office equipment. While employees may utilize a specific tool or tools, the asset ultimately belongs to the company and must be returned. And therefore without an accurate method of keeping track of these assets it would be very easy for a company to lose control of them.
Asset labels can be used to mark equipments like computers, furniture, machinery and various other fixed assets. Asset labels come with an adhesive material on the reverse so its easy to attach them on the tool or equipment which they will identify on attachment. You can also find asset labels with a barcode printed on them.
There are different types of asset tags/labels to suit different requirements. Each label or tag has some special feature that makes it different from others. So before purchasing an asset label it is important to fully identify your asset tagging requirement. You must also understand why you need an asset label - is it for security or to properly manage your equipment? Based on your answers you should decide the type of asset tag you need as there are many kinds of asset tags and labels available on the market.
Fixed asset management of all physical assets (inc. maintenance, inspection and renewal) plays a key role in determining the operational performance and profitability of industries that operate assets as part of their core business.
This emerging professional discipline deals with the optimal management of physical asset systems and their life cycles. It represents a cross-disciplinary collaboration to achieve best net, sustained value-for-money in the selection, design/ acquisition, operations, maintenance and renewal/ disposal of physical infrastructure and equipment.
For more information on asset labels visit www.idassetlabels.co.uk in addition if you would like to know more about designing your own asset labels online visit www.expresslabels.co.uk.
