Costs to Consider in Asset Tags Application

Implementing asset tracking with asset tags involves more than the simple purchase of barcode labels and assigning the maintenance department to apply them to property.

Expenses for application of property ID tags can be underestimated without advance planning. The headline above links to our tutorial illustrating one possible scenario for application of 10,000 asset tags to varied assets and equipment across the enterprise.

The durable MetalPhoto® bar code tags themselves are estimated at $3,000 for this application, but the total cost of implementation comes to $24,000 when the following are taken into consideration:

• Staff training for application
• Software upgrade, installation and training
• Bar code readers with PDA's
• Cross referencing old asset tag numbers & data entry
• Staff surface prep and application time

Long lasting adherance of the labels to property may be the most important of details, since asset tags which become detached from property before the end of that item's useful life can increase costs further. This makes application prep and training one of the most critical of the implementation steps outlined. We also offer an application preparation tutorial here.