Asset tagging is the process of identifying and managing assets that give you a precise picture of your company’s physical assets; the assets that you have, where they are located and how these assets change over time.
Asset tagging services are no more limited to just adding a sticker to a machine; it has come a long way. There are various ways of tagging assets that ensures regular racking and monitoring, thus increasing the security of these assets.
An asset tag is a metal or vinyl label that is permanently affixed to an equipment and it comes in various forms and sizes. Selecting the right kind of tag for your business that has the ability to withstand any circumstance, is indeed challenging.
There are numerous benefits of tagging your assets; it helps in;
Identifying assets quickly and easily
Tracking serial and model numbers
Monitoring the movement of assets
Asset tagging involves a set of procedures starting from determining the type of asset and category, assigning a unique identification number, and deciding the type of tag to updating the asset tracking system.
According to recent studies, the global asset tracking and inventory management solutions market is expected to reach US$ 30.59 Bn by 2026, expanding at a CAGR of 12.9% from 2018 to 2026.
AON Consultants will help you manage and track your assets with the asset management system and our Asset Tagging Services will ensure that your assets are always secure.