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Which Tracking Devices To Buy for Your Equipment? Everything You Need To Know

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Scanning inventory in a warehouse

Key Takeaways

  • Equipment tracking is essential for managing inventory, optimizing supply chain operations, and preventing loss or theft, providing data for informed decision-making and regulatory compliance.
  • Businesses can choose from various durable tracking options like asset labels, industrial labels, custom metal decals, and rating plate labels, each customizable to suit specific operational needs.
  • Whether your team works in the field or in an office, you rely on equipment to keep your business running. However, you invested a lot of resources into this equipment and you need to maintain it, maximize its performance, and prevent theft or loss.

    This is why many businesses invest in equipment tracking, but with so many options, it can be hard to make the right choice for your business. Follow this guide to choose the perfect tracking options for your business’s equipment and assets.

    Tracking codes on a label

    Why Tracking Devices Are So Important

    Equipment tracking works by assigning a unique identifier to every piece of equipment. This is usually expressed in the form of a label or tag with a scannable barcode or QR code. Ideally, these tags should be readable to both humans and machines.

    When someone scans the code, the information goes to your asset tracking database, which keeps tabs on the thousands of pieces of equipment in your business. This database tracks data on equipment ownership, date and time, location, and more.

    While equipment tracking might seem like an added step, it offers plenty of benefits to businesses, including:

    • Improved inventory management: Tracking labels and tags provide businesses with a systematic and efficient way to manage their inventory. By affixing labels or tags to equipment, businesses can easily track the location, movement, and quantity of their assets.
    • Streamlined supply chain operations: Tracking labels and tags play a crucial role in supply chain management. They enable businesses to monitor the movement of goods throughout the entire supply chain, from manufacturers to distributors to retailers. This visibility helps identify bottlenecks, optimize logistics, and ensure timely delivery, ultimately enhancing operational efficiency.
    • Better asset tracking: By attaching labels or tags to your equipment, you can monitor their whereabouts, usage, and maintenance history. This reduces the risk of loss, theft, or misuse — while also enabling preventive maintenance and minimizing downtime.
    • Data-driven decision-making: Tracking devices generate a wealth of data that you can leverage for analysis and decision-making. By collecting and analyzing data related to inventory, supply chain, and asset management, businesses can identify trends, optimize processes, and make informed strategic decisions. This data-driven approach can lead to cost savings, improved productivity, and increased profitability.
    • Loss prevention: Tracking labels and tags act as deterrents against theft and unauthorized access. By labeling products or assets, businesses can deter potential thieves. In the event of theft or loss, tracking labels aid in recovery efforts by providing crucial information about the last known location of a stolen item.
    • Regulatory compliance and quality control: If you’re required to meet compliance standards for your industry, tracking devices can help you trace products throughout their lifecycle. This provides a digital audit log that you can easily turn over to auditors.
    • Enhanced productivity: While employees do need to remember to scan equipment, opting for tracking devices can streamline the check-in/check-out process. Tracking labels and tags simplify and automate manual processes, reducing the need for manual data entry and physical checks.
    Boxes with QR code labels in a warehouse
    Image by Zapp2Photo via Shutterstock

    4 Solid Tracking Options for Businesses

    Sometimes the asset tracking software you use will require you to use a certain type of tracking device. However, more often than not, you’re allowed to pick the tracking devices that work best for your business. You can choose from different materials, sizes, layouts, adhesives, and much more.

    When it’s time to start tracking your equipment, these are some of the most popular — and durable — options on the market.

    1. Asset Labels and Tags

    Asset labels and tags are specifically designed for tracking equipment. These tracking devices are incredibly durable and are rated for harsh outdoor environments. MPC’s asset tags also allow for high-resolution and even full-color options.

    You can choose from either metal or plastic tags; both substrates have a life expectancy of over 20 years. For indoor applications, polyester stickers are an affordable and long-lasting option.

    2. Industrial Labels

    Industrial labels are rated for use in manufacturing and other harsh environments. MPC’s labels use a proprietary Metalphoto® substrate that’s superior to the most durable options on the market today, including stainless steel. You have the power to customize size, shape, and thickness and can either opt for mechanical attachments or adhesive.

    3. Custom Metal Decals

    Custom metal decals are ideal if you like the smooth finish and durability of metal. You can add any information onto these decals, including custom text, logos, color, and barcode tracking. These decals can also include detailed schematics, which allow you to provide all the relevant information about a piece of equipment on a single label.

    4. Rating Plate Labels

    These metal labels are primarily used to share information about a piece of equipment, including serial numbers, manufacturing dates, specifications, and operating instructions – and you don’t need a separate tag to track these assets, either. Include rating plate information alongside a unique barcode or QR to save space, time, and money.

    A handheld device scanning packages in a warehouse
    Image by metamorworks via Shutterstock

    Implementing Tracking Devices Into Your Organization

    Implementing tracking devices and software involves several key steps to ensure smooth integration and maximum benefits. Start by assessing your current inventory management and asset tracking processes to identify gaps and areas for improvement. Next, select the appropriate tracking devices based on your business needs—options include asset labels, industrial labels, custom metal decals, and rating plate labels.

    Once you’ve chosen the devices, partner with a reputable provider to customize them according to your specifications, such as material, size, and adhesive type. Ensure that the tracking devices are durable enough for your operational environment, whether indoor or outdoor, harsh conditions or not.

    Next, invest in a robust asset tracking software that can integrate seamlessly with your existing systems. The software should be user-friendly and capable of storing and analyzing data from the tracking devices. Train your employees on how to use the tracking devices and software effectively, emphasizing the importance of scanning equipment regularly and accurately.

    Finally, establish protocols for routine maintenance and updates of both the devices and software. Regularly review the tracking data to make informed decisions about inventory management, asset utilization, and preventive maintenance. By following these steps, your organization can enhance efficiency, reduce losses, and achieve better control over its assets.

    Customize Tracking Labels to Suit Your Operations

    Whether you want to track computer equipment with simple stickers or you opt for metal rating plate labels, there are so many ways to track the equipment and assets in your business. When in doubt, go with a trusted label and tag provider to find the perfect tracking mechanism for your use case.

    Metalphoto of Cincinnati provides custom labels and tags for every application. View our label and tag options now to request a sample.

    Frequently Asked Questions

    Questions about the article? Let us help!

    Our sales engineers are experts in automatic asset tracking, tagging and identification,a nd can answer all your questions. Get in touch now.

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    If you’re having trouble finding the ideal identification solution for your project or application, build it with Metalphoto of Cincinnati. Talk with our experienced sales engineers today.
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