The code affixed on an asset tag hold details of the asset. What are Asset Tags?Īsset Tags are the labels that identify the equipment using a unique serial number or a code or a barcode. The examples of fixed assets are bridges, tunnels, buildings, machines and equipment attached to the building. These assets are also known to be infrastructure assets or the assets that are counted as physical properties of the enterprise and are controlled by them. These assets are the type of physical assets that are remained fixed at their location throughout their lifespan. More examples of movable assets are laptop systems, vehicles, etc. These assets include furniture and equipment that are not part of the infrastructure. Movable Assets:Īs known by the name itself, the assets which have the ability to move are known as movable assets. The physical types of assets that can be distinguished are as follows: 1. These asset tags are not used alone rather used as a combination with asset tracking software program to fulfil its proper use.Īsset tags also act as the foundation for a smooth process of repairing, maintenance and inventory control of equipment for enterprises. NovemWhat are Asset Tags and How are They Important for a Business?Īsset Tags are the labels that are targeted to monitor and track the organization's physical assets.
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