In manufacturing companies, or hardware stores, one can usually see items that require tagging. For identification, lanyards and pins can be used when hard tags cannot be directly placed to the products. It is also important to take note that these items can be bought cheaper in packs of ten, for example. Buying several pieces in a pack will save time and avoid incidences when these parts are lost, and there are already available replacements.
This comes to mind because tagging is one of those issues in the workplace. Identification and traceability is important but usually tags are missing because they are just affixed to a piece of wire where the tag can easily be removed.