With advanced tracking, scanning, and through the advantages offered by the IoT (Internet of Things), various options in asset tagging can be used to monitor the location, movement, use, maintenance, and information on any given asset in a business.
Types of Asset Tags
There are different types of asset tags in use. They can be simple stickers that are used in supply chain logistics and tracking, or they can be permanent types of tags that use RFID (Radio-frequency identification), GPS, NFC (Near Field Communication), or even BLE (Bluetooth Low Energy) technology.
In most cases, the more valuable the asset, the more advanced the tagging technology. Some types of asset tags are also designed to be tamper resistant. These are also usually reserved for more mission-critical or high-value assets.
The Benefit of Tags for Internal Loss Prevention
One important benefit of the use of asset tagging is the deterrent effect. When employees know the asset is monitored and tracked and that attempts to tamper with the tag create notifications and system flags, they are less likely to attempt to remove the tag or remove the item.
There is also the ability to find assets that may be misplaced. Using more advanced technology, automated systems can pinpoint the location of an asset if it is removed from a designated area. This is an advantage in finding assets that multiple workers may use across a facility on different shifts.
Although not directly related to loss or theft, advanced options in asset tagging can also create a record of maintenance and duty cycle information on assets. Keeping equipment maintained and knowing when it is reaching the end of its life cycle is important for the business in planning for service and replacement.
For a comprehensive approach to asset tagging in your organization, talk to the team at Business Name. Details on all our services are available on the website.