Companies are starting to realise that asset labels are a necessity in every business sphere. Essentially an asset label is a tag or label which is used to identify individual items. These asset tags are also usually numbered to help identification of similar items.
Asset tags are usually used alongside asset management software so equipment which has an asset label can be tracked. The number on the asset tag or the barcode on the asset tag is unique to each individual item and an asset register kept on a computer using asset management software.