Back to Newsroom
February 9, 2024·2 min read·Sitehound Team

How Barcodes Can Make A Difference in Asset Tracking

Barcode technology remains one of the most cost-effective and reliable methods for asset tracking across every industry.

Guides
How Barcodes Can Make A Difference in Asset Tracking

The Enduring Value of Barcode Tracking

Despite the emergence of GPS, RFID, and IoT sensors, barcodes remain the backbone of asset tracking for most organizations. Their combination of low cost, simplicity, and reliability makes them accessible to organizations of every size and industry.

How Barcode Tracking Works

Label Creation

Each asset receives a unique barcode label that encodes an identifier linked to the asset record in your management system. Labels can include human-readable text, serial numbers, and organization logos alongside the barcode itself.

Scanning

Staff scan barcodes using dedicated scanners or smartphone cameras. Each scan instantly retrieves the asset record or logs a transaction such as a check-out, transfer, or maintenance event.

Data Capture

Every scan captures who performed it, when, and where, creating a continuous transaction log that documents the asset's movement and activity over time.

Where Barcodes Make the Biggest Difference

Receiving and Check-In

Scanning items as they arrive creates immediate, accurate records. No more handwritten logs that need to be transcribed later.

Audits and Cycle Counts

Physical inventory audits become dramatically faster with barcode scanning. Staff scan each item they find, and the system instantly identifies matches, discrepancies, and missing items.

Accountability

Scanning assets at check-out and check-in creates clear accountability records. When people know their name is attached to an asset, they tend to take better care of it.

Maintenance Tracking

Technicians scan equipment before beginning service, automatically pulling up the asset record, maintenance history, and any open work orders. Completed work is logged with a scan, ensuring accurate service histories.

Getting Started with Barcodes

The barrier to entry for barcode tracking is remarkably low. Durable label stock, a labeling standard, and a management platform with scanning support are all you need. Most organizations can begin scanning within days of deciding to implement barcode tracking.

Ready to transform your operations?

See how Sitehound can give you real-time visibility across all your assets and inventory.