What Are Asset Tags or “Property of” Stickers?
“Property of” stickers/labels—also known as Asset Tags, Asset Labels, Inventory Tags, or Property ID Tags—identify various pieces of physical assets. Most establishments rely on these to label and track inventory and property, and to discourage fraud. Some establishments choose to use “Property of” stickers for their moveable property, such as computers.
The Benefits of Labeling Assets
Detailed and reliable asset tags are crucial in industrial applications. Many of our partners need to keep track of hundreds to thousands of different physical pieces of property. Tracking inventory and capital on this scale requires more than only a manual count of these assets. Labeling allows insight into critical information like location, operating condition, and more.
Inland Products also provides “Property of” stickers to clients who perform tasks outside the company facilities. Operations that require products to be brought out into the field present a some unique challenges. Not only can conditions lead to damage, but equipment and products can be lost or stolen. Using “Property of” stickers to label these goods helps mitigate the chances of losing these assets.
An organization can benefit from “Property of” stickers thanks to:
- A simplified asset tracking process
- Easier automation for data collection and documentation
- The ability to implement automated routine maintenance
- The freedom to track repairs
- Cost-tracking capabilities
- Maintenance and downtime monitoring
- Reduced likelihood of theft or loss of assets
Some organizations choose to employ asset label stickers that include built-in security features. These make it easy to deter theft and control the assets that are labeled with them.
Uses for “Property of” Stickers or Asset Tags
Most organizations choose to track a select group of assets, such as very expensive pieces of equipment or other work tools. Goods like these can present a significant expense if lost, damaged, misused, or stolen. Business-critical goods often benefit from “Property of” labels as well.
Organizations can choose to track additional assets on an as-needed basis as well. If much of the work is performed in the field, for example, they may benefit from labeling work equipment that wouldn’t be tagged in-house.
Here are a few different industries and applications that rely on asset labeling:
- Medical equipment and devices
- Power tools
- Industrial machinery, tools, and equipment
- Oil and gas
Using “Property of” labels on these applications can help with a variety of duties, including staying on top of maintenance and regulation requirements, reducing mistakes in manual data collection, tracking expenses, and streamlining services.
Custom “Property of” Stickers From Inland Products
At Inland Products, we understand how crucial tagging your assets is to tracking inventory and maintaining profitability. We strive to help clients select the best “Property of” labels for their particular needs. In addition to our aluminum “Property of” Stickers in standard sizes and our Custom Printed Aluminum Labels created to your specifications, we can offer:
- Metal asset tags
- Aluminum asset tags
- Foil asset tags
- Plastic asset tags
- Inventory tags and stickers
- Barcode tags
Are you interested in learning more about our custom products for tagging assets? Request a quote or contact us for more information today. A skilled member of our team will help you find the custom tagging product that’s right for your organization.