Methods and apparatus for correlating physical and logical attributes of devices include associating logical-tags (L-tags) and physical-tags (P-tags) with target devices. A P-tag includes a P-tag identifier, which can be read by a P-tag reading device, regardless of whether power is applied to the target device. The P-tag identifier and other information can be sent to an asset manager, which can determine a location of the device. An L-tag includes an L-tag identifier and may include other L-tag information describing logical attributes of the device. The L-tag information also can be sent to an asset manager. The asset manager maintains a tracking record for the device, which may include the P-tag identifier, the L-tag identifier, information regarding the asset's logical attributes, and information regarding the asset's physical attributes. By maintaining similar tracking records for a plurality of devices, the asset manager can track and manage the plurality of devices.