Asset Tags and Their Role in Asset Management -- 2

I need you to write a proposal for the benefit of using IT Asset Tags and Their Role in Asset Management for broad approval!
You need to be very specific on how to explain each section and add necessary sections as needed
Propose of asset tag
Benefits of using asset tag
What equipment should be tagged and why
Where should be located on each type of equipment for example ( laptop, desktop, printer, server, switches, firewall etc)

This has to be written as proposal
Attached sample of the asset tag