Asset labels- Making inventory management easy

It is very difficult for a company to keep a record of the assets it owns. Some physical assets might have been taken out for repairs and upgradation, while some might be loaned out. Many a time, managers mistake the number of inventories the company holds. This results in having to buy new inventory. To avoid the situation of duplication, companies have begun to use asset labels.

The benefits of asset labels

The main benefit that asset labels offer is identification. Inventory managers label assets so as to know about its existence. They record the information about the product onto the label and into their database. Asset labels also prevent theft and misuse. When it comes to inventory, asset labels are a huge bonus. They help managers keep a track of machinery so there is no duplication of produce. Stores use asset tags to find stock. Usually in a store there are many items stocked, so asset tags can help store managers find products easily. Asset tags are also tamper proof, as if a person tries to remove an asset tag it becomes void. This enables managers to know if products have been tampered with.

Asset tags are also very useful to courier companies. These companies use asset labels on the parcels to be shipped. They print a number on the label through which tracking is possible. Even though investing in asset labels can be expensive, it certainly proves to be beneficial in the long run.
It is important to consider the needs and requirements of your company before purchasing these asset tags.

Use asset labels to simplify the auditing process

Performing routine inventory checks is crucial for retail stores and in warehouses. It involves counting each and every asset within the warehouse or retail store. Inventory checks are mostly performed outside the working hours of business. Managing stock levels is an important part of the retail world.

Doing regular stock checks, organisations can ensure that their business is profitable and efficient. Audits and inventory checks allow organisations to know how many inventory items are available, sold and missing. It also helps organisations to ensure that they do not advertise about goods that are no longer available.

Failing to keep a track on available stock levels might result in embarrassment for companies. For instance, if a client calls up to enquire about a particular product, you can take a look at the records and inform them about its availability.

Uses of asset tags and barcode labels

When it comes to conducting an inventory check, all stock items should have individual codes within. Using barcode labels and asset tags can help in keeping the records updated. These labels are available in different sizes and shapes. Some asset and barcode label manufacturing companies also allow you to customise one to suit your needs.

Businesses can even add their company name, logo and other details on barcode labels. This way, the task of conducting inventory and asset checks can be simplified. Properly conducted inventory checks can also help to determine losses, if any, and battle them in a long run.

Some reasons why your business needs asset labels

You have probably heard of asset labels. These labels are used whenever there is any labelling work to be done. They are widely used by commercial firms. If you are not using asset labels then it is highly recommended that you begin using them. Here are some reasons why your business should use asset labels:

Marking your office items

This is a must if you want to protect your parcels from getting misplaced. Many times, parcels get misplaced or stolen when there is no marking system in place. However, this will not be the case with asset labels around. All you have to do is label all your office items using asset labels. Ensure that you do not leave out any office items.

Tracking down office items

It is difficult to track down items, especially when you have a large office set up. However, you can now easily track down office equipment if you have labelled it properly. You have to maintain a register to list down the office tools and items. In this way, you can easily find an item when required. This will save your precious time which is otherwise spent on locating office items.

Prevent thefts

Asset labels are difficult to remove once applied to any items. Moreover, they leave a mark whenever you try to remove them from the surface. This deters thieves as such items get no buyers in the market. Thus, asset labels can prevent thefts.

Exploring the different types of security labels

Securing personal and precious belonging is important for any individual. There have been numerous instances where precious items have been misplaces or stolen. This is because the owner did not know where he kept his belongings. To avoid such situations it is essential to have a system in place. Companies are now using security labels to keep a check on their belongings.

Where are security labels used?

Security labels are commonly used while transporting and shipping goods. When shipping goods it is essential to keep them safe from being tampered with. Security seal tags can be used. These tags have security codes which should not be given out to anyone. Security labels can also be used to prevent outsiders and other people from getting close to precious belongings. Banks use security tags on lockers to forbid theft of cash.

Types of security labels

Security labels are generally made of plastic. However, other variables are also used to make security tags these include metal and fibre. These labels can also be custom made to suit various security needs. Garment security tags are used in retail stores to prevent customers from stealing garments. Many manufacturing companies use hologram security labels to prevent their products from being duplicated. Store security tags are used in electronic and book stores. This type of tag prevents merchandise from being stolen. Barcode tags are another type of security labels found. These are generally used in commercial establishments and factories to keep records of inventories held.

What is a barcode and what does it do?

Barcodes are a system of asset tagging. They have a series of lines imprinted on them. The spacing between the lines and the sizes of the lines are different for every barcode. Each unique barcode represents a particular piece of equipment or product in a database. They are a great way to manage inventory and replenishments. The lines on the barcode are readable by an optical device.

What are the uses of barcodes?

Barcodes are effectively used for identification of property, products, letters and important documents. They are perfect for tracking of inventory and the movement of documentation between organisations. They help reduce costs greatly by eliminating data errors. The data read by the optical device is transmitted to a data sheet on the data recording software. All the information you may need about your inventory and replenishment requirements is only a mouse click away. You can hence track the movement of computers and other office equipment by the use of barcodes.

Classification of barcodes according to code type

Barcodes work according to a symbology. Symbology is the charter of codes – encrypted or hidden information. There are two common barcode symbologies – Code 39 and Code 128.
They are alpha-numeric coding systems. Code 39 is also referred to as code 3 of 9 and is considered as a barcode for general purposes. It is collection of 44 characters, none of which are alike.

Code 128 is an alpha-numeric coding system of much higher density. It is used for worldwide shipping, retail and courier operations.

Barcodes are becoming increasingly tech-savvy day by day and are proving to be a cost-effective way of asset management.

The many advantages of custom labels

Custom labels add to the uniqueness of your brand. They denote the product contents, descriptions and other important information about the product. Having custom made labels for your brand can help to promote brand awareness and add a certain personalised appeal to your products. High quality custom labels are not damaged easily when handling the product. They can be used on all kinds of product packages.

What can custom labels do for you?

They give a boost to your brand promotion efforts. They also differentiate your products from the other competing brands in the market. If you let your imagination take over, you will realise that the possibilities of creating attractive custom labels are endless.

They catch the eye of potential consumers and attract them to your brand. Custom labels can be printed in various shapes and sizes. They can be creatively designed to display vital product information in innovative ways. Creative custom labels appeal to consumers because generally every brand concentrates on an attractive package for their products and the information label is considered a mere necessity.
Custom labels are flexible. You can get custom labels printed according to your chosen design and the printing company will strike a fine balance between design and industry standards. Custom labels can be printed with matt, glossy, plain and colourful patterns and finishes. Your products are automatically considered superior to other brands in the market. They bestow a unique identity to the trademark.

Make sure you get your product labels customised according to your brand ideas and product specifications.

Barcodes can raise your operational efficiency

Barcodes are used for product data representation. The information coded in barcodes is read by an optical reading machine and can be used for a variety of purposes. Barcodes look like a vertical arrangement of lines that are of different lengths and have varying gaps between them. They are called linear and uni-dimensional barcodes. Here we have discussed some benefits offered by the barcode system.

Operational efficiency increases

Barcoding items offers speed in the recording of information. Work in progress can be tracked with precision and expertise. Barcodes thus save a large amount of time and enable quick responsiveness to customers, agents and client questions.

Better inventory control

Barcodes simplify the task of inventory control greatly and hence save time. Replenishments of stock and recording of outgoing stock is completely error free and instantaneous.

Barcodes eradicate errors

Accuracy and efficient tracking are the greatest advantages of barcodes. Human error rates have the capacity to destroy an enterprise. Barcode scanning devices have an astoundingly low error rate of one in thirty six trillion characters. The type of barcode chosen also makes a major difference to the level of accuracy.

Cost effective asset management

The barcode system which is in place in your company can be integrated across every organisational process to eliminate errors at every level and save overall costs.

Compulsory legal requirement

Barcoding of products is now a compulsory requirement for their release in the market. If you have a strong and deeply integrated barcode system, a lot of time can be saved in organisational processes.

You will begin to notice drastic improvements in your business efficiency in the first few weeks of setting up a barcode system.

Barcode tags – A new way to secure assets and identify inventory

Companies are expanding all the time. This has increased the number of assets and merchandise they own. Because of this they look to ways of keeping records of the stock they possess. Barcode tags have made tracking easy. Companies today are using barcode tags so that they can identify each and every asset and inventory item they own.

The development of barcodes over the years

Barcodes were previously used in their raw form. This meant that generally paper was stuck onto the asset using adhesive. These labels were not very durable and served no purpose. With time, innovative and utilitarian forms of barcode tags have been introduced. These are resistant to external conditions like heat, moisture and rain. Today, barcodes are also tamper proof. So if someone tries to meddle with a barcode tag it becomes void.

The different types of barcode tags currently available

Barcodes are available in a variety of shapes, sizes and forms. They are manufactured in circular, oval, rectangular, box or flat shapes. Barcode labels can also be customised to suit the client’s needs. Some commonly used types of barcodes are Stacked Symbologies, Linear and Composite Symbologies, Ceramic barcodes, Polyester barcodes and Aluminum barcodes. Each of these serves a different purpose and has some benefit to the user.

The advantages of using a barcode tag

Identifying a barcode tagged asset is very easy. A product’s or asset’s information is fed onto the barcode tag. Special devices are used to identify this information and transfer it to the company’s database. Barcode tags are also helpful when it comes to decision making. For example, stores can know how much inventory they have before ordering a new batch of inventory. This is possible because merchandise is labeled with a barcode.

How is asset tagging beneficial?

If your business lacks an asset tagging or tracking system then you are in danger of losing money. To protect your invaluable assets, tagging them really helps. It does not matter how big or small your business is, in order to succeed, implementing security measures should be the first thing on your priority list.

How does asset tagging work?

Fixing labels on your assets can be tedious but it is inexpensive. Look around your office or your warehouse, you will find thousands of things just lying around which can be easily swapped, misplaced or even stolen. Apart from setting up cameras in your working area it can be beneficial that you start tagging your valuables. Asset tagging is considered a mark of ownership.

Asset tags are made of materials which have a self-destructive film, so when someone tries to mess with them, these tags leave words like ‘void’ or any other mark behind. Such products cannot then be sold because words like ‘void’ do not impress the seller or the buyer. Polyester, foil or self- adhesive asset tags are currently available and many more materials are used besides for asset tagging. Asset tags can also be personalised for your company. You can get your company name, logo or any other mark imprinted on the asset tag.

Some asset tags also contain barcodes, which is an excellent addition and greatly helps you to track an item if it goes missing. If ever there is any damage to the company such as a fire, insurance is paid only after proof of ownership is submitted. Asset tags are considered proof of ownership and hence you will receive recompense for your loss.

You want to protect everything that belongs to you and that is your property, so tag your assets and protect your products.

A brief guide to barcode labels

Are you planning to use barcode labels for company purposes? It is recommended that you understand the features of barcode labels before you actually begin using them. Mentioned below is a brief description of the production, uses and advantages of barcode labels.

What are barcode labels?

Barcode labels are basically tags that contain encoded data. The main purpose of using barcode labels is simple – to identify and list inventory items. These labels are used by large commercial organisations that need to identify the equipment they own.

Type of materials used

Barcode labels can easily be distinguished by the type of base materials used. Usually, base materials consisting of vinyl, metal and plastic are used when manufacturing barcode labels. Similarly, paper is also used in the manufacturing process of these labels. Most of the labels available in the market use adhesive backings. You can also order customised shapes and sizes.

How is data encoded?

Data is encoded on the tags using two methods, namely line bars and 2-dimensional patterning of dots. Irrespective of the technique used, all the data is encoded with special software. This is the reason why the data is not visible to the naked eye.

The advantages of using barcode labels

Identifying items is the main purpose of using barcode labels. Moreover, they are also used to track and maintain an inventory of items. In addition, these labels can be manufactured at relatively cheap rates.

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