Background
The management of fixed assets is an important part of enterprise management, which is characterized by high asset value, long use cycle, dispersed locations and difficult management.Has your organization encountered any of the following problems with fixed asset management?
1.By pasting sticker sticky notes, using one-dimensional code or two-dimensional code to identify the equipment number, the statistics are inconvenient, the inventory speed is slow, a lot of manpower needs to be invested, and the efficiency is very low;
2.The management records are troublesome, the types of assets are large, and the equipment cannot be found in time when it is moved away from the fixed place;
3.Difficulty in getting a supervisor's stamp of approval;
4.Significant time required to complete the asset report;
5.Loss of fixed assets due to unreliable inventory results;
6.No interface with other systems, disconnected information.
Overview
Implement fixed asset management using ultra-high-frequency (UHF) RFID technology combined with software. Install RFID tags on each fixed asset that needs management and place RFID readers in channels where fixed assets may flow. Use GPS positioning to divide fixed assets into zones or categories. When fixed assets move, the system automatically tracks their location and determines the new position. During fixed asset inventory, use handheld devices to promptly write equipment information to the tags.
Features
1.Locate your assets at all times with the use of location technology
Using GPS positioning and WiFi positioning technology allows you to see all assets anytime and anywhere, and it can solve the problem of asset managers not being able to find where the assets are.
2.Make Your Asset Inventory Easier with Barcodes & RFID
Using RFID for inventory will make your work easier and simpler. It also supports multiple ways of scanning by laser scanning camera.
3.Easier and faster sharing of information through CSV files
The import and export functions of CSV files make it easier to share information with other systems, and at the same time, it can dramatically improve the efficiency of work, and has rich scalability.
4.Multi-platform support gives you flexibility of choice
It also supports a variety of mainstream operating platforms, you can choose the most suitable platform for you. And provide you with more choices to control and reduce costs.
Value
1.It is characterized by physical management and aims to simplify the complex. In view of the inconsistency between the physical objects and the financial accounts that often occur in the management of fixed assets, the use of radio frequency technology solves the problem for the enterprise, so that the enterprise management is orderly and the accounts are consistent;
2.By using efficient data transmission technology and a unique permission management concept, business leaders can sit in their offices and gain a comprehensive understanding of all fixed assets within the company;
3.The efficiency of inventory has been greatly improved. What used to take dozens of people several months to complete in asset inventory can now be easily done by a few people in just a few days. The tedious depreciation calculations that used to take days can now be done accurately in seconds. Additionally, the previous issues of excessive repurchasing and idle waste can now be promptly resolved, leading to increased utilization of enterprise assets and cost savings in terms of manpower and management.
Case
As a manufacturing company, YKK’s fixed assets have the characteristics of high monomer value, scattered distribution, and long service life. The Fixed Asset Management solution successfully solved the current inefficiencies in using paper approvals for YKK. It improves the utilization rate of enterprise assets and saves manpower and management costs. Learn more
