Connecting the Dots With Asset Inventory Barcodes

By May 8, 2017Asset Tracking, Blog

Connecting the Dots With Asset Inventory Barcodes

Managing the lifecycle of assets and inventory doesn’t have to be pricey or complicated anymore. Mobile technology has made it possible for companies to track and manage their assets quickly, accurately and easily thanks to the use of asset inventory barcodes and the data they capture.

There are dozens upon dozens of apps available with asset tracking and management platforms that give your phone or tablet the ability to scan barcodes of all sorts, from standard UPC codes to more complex QR codes. It used to be that in order for a company to keep track of their vital fixed assets, they had to use a separate (expensive) handheld scanner to enter each individual item into their records. Those scanners were typically limited in number and required service and eventually replacement. Today’s business environment is forcing many companies to do more with less, and needing it done faster. And when it comes to asset tracking, the use of smartphones or tablets equipped with built-in barcode scanning capabilities is revolutionizing the way assets are tracked.

By scanning barcodes, assets can be easily tracked regardless of where they are. Barcodes hold real-time updates on a product’s location, whether it is being moved from one site to another or is in for a scheduled maintenance update. Using barcodes for asset tracking also reduces the risk of human error, which can be devastating to a company if data is entered incorrectly.

Today’s barcode scanners capture all the necessary and most up-to-date data on an asset for its entire lifecycle. With one simple scan of a barcode, the scanner sends data to the affiliated asset tracking software and allows all eligible users to access and maintain the data anytime from anywhere. From where an asset is and who has it, the check in/check out status, and a complete maintenance history, it’s all in the palm of your hand whenever you need it. The fact is that when it comes to asset tracking, companies need to bring all of their stakeholders into the communication loop and the use of asset inventory barcodes as part of a tracking platform are capable of doing just that.

Asset and inventory management is rapidly changing for the better. Because this is such a fluid process, you need a means to view, track, manage and analyze your data in real time, and the software needs to grow and change as your business grows and changes. A platform that features asset inventory barcodes and the functionality to keep up with them are an important part of that change. The world is now mobile and employees have dramatically increased the use of smartphones or tablets. Employees would most likely rather use their own smartphone than a separate hardware scanner that is expensive and they would responsible for if lost or broken. And if asked, employees would rather use a highly intuitive app than a software system they need extensive training to use.

Asset Panda gets all of that! Easy-to-use, yet powerful and customizable, Asset Panda is powered by free mobile iOS and Android apps that sync with the cloud, enabling you to retrieve and analyze data in real time 24 hours a day, seven days a week. The app includes a mobile barcode scanner, so there’s no need to purchase an additional handheld barcode scanner. In fact, you won’t need to purchase any other hardware or software to use Asset Panda. All you need to use Asset Panda’s inventory barcode software is the smartphone or tablet you already carry; or use the web app.

Having data you can trust is particularly important when it comes time to supply your accounting and compliance teams with the information they need. Asset Panda allows you to pull that data easily and with confidence.

Check Asset Panda out with a free 14-day trial at assetpanda.com.

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