RFID fixed asset application improves corporate management and control efficiency

Fixed Assets have the characteristics of large number of equipment, various types, high value, and scattered use locations. It is very inconvenient to manage and control, and it also increases the workload of managers invisibly. How to quickly improve operating efficiency, reduce operating costs and improve service quality have become the top priority of ASSET MANAGEMENT. The application of RFID technology has been reflected in many fields of asset management. RFID technology enables strict control of the entry and exit of each fixed asset carrier, while ensuring the efficiency and speed of actual operation. Let asset management be truly intelligent, and the application of RFID fixed assets can improve corporate management and control efficiency.

Fixed asset management is an important part of the daily management of an enterprise and an important material basis for ensuring the daily operation and sustainable development of the enterprise. In the actual management of fixed assets, many enterprises encounter problems such as discrepancies between accounts and facts, unclear family backgrounds, unclear assets, difficulties in inventory, and delayed information reflection. This leads to a significant increase in corporate management costs and affects corporate efficiency.

As one of the most important components of an enterprise's assets, fixed assets are an important guarantee for completing production and operation tasks, and at the same time play a major impact on the financial status of the enterprise. Therefore, we must strengthen fixed asset management to ensure the integrity, value preservation and appreciation of fixed assets, correctly calculate the quantity and value of assets, clarify economic responsibilities, supervise and promote the proper custody and rational use of fixed assets, and continuously improve equipment utilization and integrity rates. Giving full play to the performance of fixed assets and bringing maximum benefits to the enterprise is the core goal of fixed asset management.

RFID is a non-contact automatic identification technology that automatically identifies target objects and obtains relevant data through radio frequency signals. The identification work does not require manual intervention. As a wireless version of barcodes, RFID technology is waterproof and antimagnetic that traditional barcode labels do not have. , high temperature resistance, long service life, large reading distance, data on the label can be encrypted, larger storage data capacity, and free change of Stored information. Therefore, integrating RFID technology into asset management can greatly improve the efficiency of asset management.

It can be seen that the current fixed asset management process in the industry has the following deficiencies:

1. There is a lack of business contact and communication between the financial management department and the physical management department of fixed asset management, making the books unable to reflect the existence of the assets;

2. Possess a large number of expensive assets, but do not have an integrated information system and lack valuable fixed asset management information. The management of fixed assets is difficult and work efficiency is low;

3. The physical objects do not match the financial accounts;

4. It is difficult to effectively control the loss of fixed assets;

5. Asset inventory is time-consuming, labor-intensive, has limited effect, and is “chaotic from the beginning to the end”;

6. It is difficult to calculate operating costs in a timely and accurate manner.

Install RFID tags on each fixed asset that needs to be managed, and install RFID Readers on the channels where fixed assets may flow. The host computer system will divide the fixed assets into areas or classify them for management. When the fixed assets move, the system will automatically track them. location, and determine the new orientation. Use handheld devices when taking inventory of fixed assets, and write equipment information to tags in a timely manner.

Fixed asset management currently relies more on traditional manual management methods and means. Data collection and entry have always been manual operations, with low efficiency and high error rates. The barcode technology that later appeared in the smart parking system greatly improved this situation. However, due to the limitations of barcode technology itself, they are unable to fully enter the field of resource (asset) management.

The RFID fixed asset management system is of great significance in the application of fixed asset management. RFID technology realizes the automated collection and management of information on the daily operating procedures of fixed assets, forming effective supervision, reducing the pressure on daily management of assets by staff, and saving a lot of money. of labor costs and greatly improve the efficiency of enterprise assets.