---
title: Innovative Asset Tagging Solution Helps Technology Company Make Strategic Decisions
description: Our client is a high-tech optical communications technology and test and measurement company. The company planned to split and needed a complete, up-to-date record of its assets so it could divide them appropriately. Although each company location had an asset register, these registers were incomplete, with some assets missing, mislabeled, or unlabeled. The company had a tight timeline to update its existing registers with complete information on all assets across five facilities in northern California, Connecticut, and Canada.
---

# Innovative Asset Tagging Solution Helps Technology Company Make Strategic Decisions

![el_0120_slider](https://liquidityservices.com/hs-fs/hubfs/Imported%20images/el_0120_slider.jpg?width=1400&height=500&name=el_0120_slider.jpg)

Industry

Electronics Manufacturing

Challenge

The company planned to split and needed a complete, up-to-date record of its assets so it could divide them appropriately.

Results

Having a full record of its assets allowed the client to allocate assets appropriately between its two divisions.

~300

average assets tagged per day

~4K

total assets tagged

5

asset locations served

## The Challenge

Our client is a high-tech optical communications technology and test and measurement company. The company planned to split and needed a complete, up-to-date record of its assets so it could divide them appropriately. Although each company location had an asset register, these registers were incomplete, with some assets missing, mislabeled, or unlabeled. The company had a tight timeline to update its existing registers with complete information on all assets across five facilities in northern California, Connecticut, and Canada.

## The Solution

The company selected Liquidity Services to help it achieve an accurate, comprehensive view of its assets. We began by visiting all client facilities and “tagging” nearly 4,000 assets with barcode scanners. The scanners recorded comprehensive information about the assets such as make, model, and year. Then, we reconciled our tagged list with the original registers, adding, changing, or removing assets as appropriate.

#### Proven Asset Tagging Process

![stepsarrows](https://liquidityservices.com/hs-fs/hubfs/Imported%20sitepage%20images/stepsarrows.png?width=597&height=105&name=stepsarrows.png)

## The Results

Within just 15 days, Liquidity Services delivered a complete, up-to-date asset register to the client. Having a full record of its assets allowed the client to allocate assets appropriately between its two divisions.

Liquidity Services’ innovative asset tagging process now enables the client to easily perform annual asset audits independently. The client simply has to walk through its facilities, scanning all assets and updating information as appropriate. This is a significant value-add, as having full visibility into its assets on a regular basis empowers the client to make intelligent purchasing and redeployment decisions.

## Related case studies

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### Liquidity Services Client Optimizes Return on Surplus Assets, Sets a Foundation for Continuous Collaboration, and Achieves Over $1 Million in Sales

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### Liquidity Services Effectively Addresses Client’s Need for a Turnkey Solution

](https://liquidityservices.com/case-studies/liquidity-services-effectively-addresses-clients-need-for-a-turnkey-solution?hsLang=en)

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