Based in Santa Fe, New Mexico, Kimberly deCastro is the founder, president, and CEO of Wildflower International, Ltd., an IT firm that works with industry leaders to provide technological solutions to the government. In 1998, Kimberly deCastro received a national award for land stewardship and development due to her efforts in improving wildlife and nature. Wildflower International offers various services such as asset tagging to its clientele. Asset tagging is the process of attaching identification labels, or “asset tags,” to a company's physical assets. It can be used for both moveable and fixed assets to ensure security. They are usually formatted as barcodes and can be scanned with a smartphone's barcode scanning app or a bar code reader to call up the property's maintenance history, location, and other necessary details. The following outlines a few steps necessary for successful asset tagging: Create a categorization system Before implementing asset tagging, create a categorization system. Here the company groups the assets by their function, cost, department, and any other categories that may be helpful. Establishing a categorization system will make sure those properties are tracked appropriately in the future. Decide what data to track Based on the asset, record specific details in the firm's database for getting useful insights into the item. Consider utilizing barcodes to include the company's name, tracking numbers, serial numbers, and other details connected to the asset. Add a unique identification number (ID) Assign each asset its own unique identification number, which helps to track the item easily. Having a unique identification number will facilitate effective management of processes like accounting, maintenance, and reordering. It can also help track and item’s physical location, particularly for items that are movable. Enter the information into the company's asset tracking system Ensure to register the assets into the company's system immediately after receiving them. Consider writing down how they should be categorized, the asset label suitable for each type, when to tag them, and procedures for entering them into the company's system.

1. Kimberly deCastro

2. Based in Santa Fe, New Mexico, Kimberly deCastro is the founder,
president, and CEO of Wildflower International, Ltd., an IT firm that
works with industry leaders to provide technological solutions to
the government. In 1998, Kimberly deCastro received a national
award for land stewardship and development due to her efforts in
improving wildlife and nature. Wildflower International offers
various services such as asset tagging to its clientele.

3. Asset tagging is the process of attaching identification labels, or “asset
tags,” to a company's physical assets. It can be used for both moveable
and fixed assets to ensure security. They are usually formatted as
barcodes and can be scanned with a smartphone's barcode scanning
app or a bar code reader to call up the property's maintenance history,
location, and other necessary details. The following outlines a few steps
necessary for successful asset tagging:

4. Create a categorization system
Before implementing asset tagging, create a categorization system.
Here the company groups the assets by their function, cost,
department, and any other categories that may be helpful.
Establishing a categorization system will make sure those
properties are tracked appropriately in the future.
Decide what data to track
Based on the asset, record specific details in the firm's database for
getting useful insights into the item. Consider utilizing barcodes to
include the company's name, tracking numbers, serial numbers,
and other details connected to the asset.

5. Add a unique identification number (ID)
Assign each asset its own unique identification number, which
helps to track the item easily. Having a unique identification
number will facilitate effective management of processes like
accounting, maintenance, and reordering. It can also help track
and item’s physical location, particularly for items that are
movable.
Enter the information into the company's asset tracking system
Ensure to register the assets into the company's system
immediately after receiving them. Consider writing down how
they should be categorized, the asset label suitable for each
type, when to tag them, and procedures for entering them into
the company's system.