What Is QR Code Asset Management?

QR code asset management is a set of processes which allow you to track, manage, and monitor your assets. QR code asset management saves you time by streamlining asset-related updates in terms of location, issues, and finances.

Overall, QR code asset management saves you time and money by speeding up your existing operations, as well as by giving you a range of helpful features to make your fixed asset register more transparent.

What Is Asset Tagging?

Asset tagging is the process of adding asset tags to your physical assets. This way, you can link physical assets to digital profiles. On these digital profiles, you’ll be able to view asset movements and information.

In practice, what this means is that you’ll be able to improve construction equipment tracking operations, for example. As your tools and equipment are tagged and linked to digital profiles, you can monitor, update, and edit crucial asset information.

So, if you’re onsite and discover that a bit of heavy equipment has a fault, you’ll be able to scan the asset’s tag and add the issue at the touch of a button.

Why Use QR Codes?

It’s not essential that you use QR codes in your asset management procedures, but they do have many benefits. So, you’ll also be able to use barcodes for example. However, it’s easier to ensure that QR codes are unique due to the amount of data that they can hold.

You can also customise QR codes, meaning you’ll be able to use anodised aluminium asset tags for equipment that goes through more weathering or wear and tear.

QR code asset management is also a less expensive option than RFID asset tracking or GPS asset tracking. QR codes won’t give you the same level of functionality or automation as the other two, but the other two require external hardware.

Overall, therefore, QR codes fit into most use cases when it comes to asset management, from tools and equipment tracking to IT asset management.

The Benefits Of QR Code Asset Management

QR code asset management allows you to speed up your operations, as editing crucial asset information is streamlined. The fact that asset profiles are linked to QR codes means that you can ensure your data is accurate and up to date.

The link between assets and their profiles means that you don’t have to manually match anything up. You don’t need to search for an asset on your fixed asset register before updating any financial, insurance, or maintenance information, the process is completely automated.

Also, all of your updates will automatically update in your fixed asset register, too, which you’ll be able to export. This means that there’s a much simpler process for your accounting and insurance teams.

Every time you scan an asset’s tag, the last seen location will update, too. This means that you’re also creating a neat audit trail of where your assets have been while you’re updating your assets’ data.

To find out more about how itemit’s QR code asset management software can help you, you’ll be able to book a demo using the button below.

You can also contact the team at team@itemit.com or by calling 01223421611. Or, you can start your 14-day free trial by filling in the form below.

If you’re looking to create your own QR codes, you’ll be able to use Egoditor. Egoditor is an international SaaS provider behind qr-code-generator.com and the all-in-one QR Code marketing platform, QR Code Generator PRO. Egoditor aims to make mobile marketing valuable and accessible to everyone, one QR Code scan at a time.

Why not check out these blogs:

How Important Is Fixed Asset Tracking Software?

The Benefits Of Heavy Equipment Maintenance Software

Why you Need An Asset Management System