Designing Asset Location Codes
Location codes should be stable enough for records and precise enough to support physical verification.
Topic section
Site, room, vehicle, field, staging and in-transit locations, plus transfers and movement history.
Location codes should be stable enough for records and precise enough to support physical verification.
A useful tracking process distinguishes assets expected to remain in one place from equipment that routinely moves.
Multi-site organizations need consistent asset identity and controlled inter-site transfers.
Assets often pass through areas that are neither their old nor new permanent location.
Current location answers “where is it now?”; movement history helps explain how it got there and who handled it.
An asset can be temporarily unlocated without meeting the organization’s definition of lost.