Plates and labels for fixed asset management in SMEs

plates and labels for fixed asset management in SMEs

What is an SME?

An SME, which means “Small and Medium Enterprise”, is a category of companies that is used to classify businesses based on their size and income level, SMEs are companies that They are not considered large corporations, but rather have a more limited scale in terms of employees, assets and turnover, the exact definition of an SME can vary by country and industry, but generally They are characterized by having a limited number of employees and a relatively low annual turnover compared to large companies.

On an international level, the definition of an SME can vary, but is usually based on two main criteria:

1. Number of employees:2. Annual turnover or income:
A maximum limit is set on the number of employees a company can have to qualify as an SME, this limit can vary by country and industry, but an SME is generally considered to have a limited number of workers compared to large companies. .There is also a maximum limit on the turnover or annual income for a company to be considered an SME, this limit can vary by region and industry, but generally implies that SMEs generate lower annual income than large companies.

SMEs play a crucial role in the economy of many countriesAs they are often important sources of employment and contribute significantly to economic growth, they can also be more agile and flexible than large corporations, allowing them to adapt quickly to changes in market and consumer demand.

Plates and labels, what are they?

Plates and labels yesare physical items used to identify, label, or provide information about objects, products, equipment, or places In a variety of contexts, although both terms are often used interchangeably, they have some subtle differences in their application and purpose:

Plates:

  •  Plaques are generally pieces of metal, plastic, wood or other materials used to identify, commemorate or provide information on objects, monuments, buildings and equipment.
  •     Plates are typically more durable and stronger than labels, making them suitable for applications in outdoor environments or in harsh conditions.
  •    Common examples of plates include identification plates on vehicles, commemorative plates on historic buildings, and nameplates on industrial machinery.

Tags:

  •     Labels are adhesive labels or temporary markers that adhere to surfaces to provide information, instructions or identification, they can be made of paper, plastic or self-adhesive materials.
  •    Labels are more versatile in terms of applications as they can be used to label products, containers, files, cables, food, and more.
  •    They are best suited for situations where information may change over time, as they can be easily removed and replaced.
  •    Common examples of labels include price tags on products in a store, identification tags on clothing, address labels on packages, and name tags at meetings and events.

So much Plates like labels are useful tools for identification and communication of information, but differ in their durability and versatility, plates tend to be more robust and permanent, while labels are more flexible and temporary, the choice between plates and labels depends on the specific application and identification or labeling needs.

Plates and labels are tools that help you with the management of your fixed assets, it doesn't matter if you are an SME, these will be your allies.

Advantages of plates and labels for fixed asset management

Plates and labels play an important role in the management of fixed assets in organizations and companiesAs they help to identify, track and effectively manage assets throughout their life cycle, here are some advantages of using plates and labels for fixed asset management:

1. Accurate identification: Plates and tags provide accurate and unique identification for each fixed asset, making it easy to locate and track assets in a database or asset management system.

2. Information registration: Tags can contain important information about the asset, such as its name, serial number, acquisition date, location, value, maintenance date, and more, allowing detailed recording of data related to each asset.

3. Facilitates inventory: Plates and tags make carrying out physical inventories more efficient as assets can be quickly scanned or read with identification devices such as barcode or RFID readers.

4. Reduction of human errors: Automatic identification through barcodes or RFID reduces the potential for human error when recording asset information, improving data accuracy.

5. Improve security: Plates and labels may also include safety information, such as warnings or precautions related to the handling or maintenance of certain assets, which contributes to worker safety.

6. Time savings: They facilitate the quick and accurate search for assets, saving time in managing and locating assets within an organization.

7. Improve preventive maintenance: By recording maintenance dates and other relevant data on labels, it is easier to plan and execute preventative maintenance activities.

8. Regulatory compliance: In some sectors or industries, the use of plates and labels may be a regulatory requirement to keep proper records of assets and ensure their maintenance and safety.

9. Depreciation tracking: Plates and labels can assist in tracking asset depreciation, which is important for accounting and financial management.

10. Improves decision making: By having accurate and up-to-date information about fixed assets, organizations can make more informed decisions about investing, maintaining or disposing of assets.

The use of plates and labels in fixed asset management provides a number of advantages that contribute to more efficient, accurate and secure management of an organization's assets, they also help to maintain accurate records, facilitate decision making and contribute to the regulatory compliance, among other benefits.

Plates and labels in SMEs 

As we mentioned the SMEs They also have fixed assets such as furniture and equipment, machinery, furniture, stationery, etc. Therefore, it is important to manage it correctly and for this, a tool that can be our ally are plates and labels, they must be placed on each of the assets and with software such as SAAF It is possible to capture the most relevant data of said asset and have it visible in a quick and agile way from wherever you are.

How to use plates and labels in fixed asset management in SMEs?

In the context of SMEs, efficient management of fixed assets is essential for the development and sustainability of the business, using plates and labels effectively becomes a key practice in this process, by implementing a clear and precise labeling system , the company can more effectively track its fixed assets, making it easier to identify, locate and maintain each item, these plates and labels not only act as organizational tools, but also contribute to inventory control and quick identification of assets in case of audits or inspections, the systematic application of this approach not only improves operational efficiency, but also strengthens transparency in the management of fixed assets, allowing the SME to make informed decisions on maintenance, depreciation and renewal of their assets.

Application of plates and labels in an SME

The application of plates and labels in an SME may vary depending on the type of business and the products or services you offer. Some general steps you can follow to apply plates and labels effectively:

  1. Identification of Products or Services:
  • Clearly define the products or services you offer in your SME. Each one should have its own unique ID.
  1. Plate and Label Design:
  • Design attractive and professional license plates and labels that reflect your brand identity. Include important information such as the product name, company logo, manufacturer information, instructions for use, ingredients (if applicable), and any other relevant information.
  1. Normative compliance:
  • Make sure you comply with any applicable regulations or standards for product labeling. This may vary by industry and product type.
  1. Label Material:
  • Choose the right material for your labels. It can be paper, plastic, vinyl, etc., depending on the durability required and the environment in which they will be used.
  1. Label Printing:
  • Decide whether you will print the labels at home or use a professional printing service. Make sure the print quality is high to convey a professional image.
  1. Placement of Plates and Labels:
  • Place labels visibly and accessible on your products. Make sure they are well adhered to avoid detachment.
  1. Clear and Concise Information:
  • Information on labels must be clear and concise. Avoid excess text and use graphics or icons if possible.
  1. Brand Consistency:
  • Maintain consistency in your label design to strengthen your brand identity. Use colors and fonts consistent with your corporate image.
  1. QA:
  • Implement quality control to ensure labels are applied correctly and meet company standards.
  1. Regular Update:
    • If there are changes to products or regulations, update your labels in a timely manner.

Remember that applying license plates and labels is not only important for complying with regulations, but is also a valuable tool for communicating with your customers and building your brand.

Now that you know how to use them in your company, it is time to put them into practice, Anepsa is your best option to acquire them, contact us for more information.

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