Companies can quickly identify the individual asset and register relevant data such as its procurement details, commissioning, component details, warranties, location (for fixed assets)
Activities such as repair, upgrades and maintenance can also be recorded against the unique identifier within the asset register.
By attaching a barcode or EPC/RFID tag with a GIAI encoded to the asset it enables activities to be recorded using data capture technologies. Barcodes can be scanned to verify maintenance or service activities or to confirm relocation or redeployment. Use of RFID tags on moveable assets can enable them to be tracked or located in real time. One example of where GIAI is used for real time location management is within healthcare on items such as IV Pumps. When encoding the GIAI into a data carrier the Application Identifier (8004) is used.