The development history of RFID fixed asset digitization

The development of fixed Asset MANAGEMENT has gone through multiple stages. In practice, fixed asset management has also experienced a transformation from manual management to computer-aided management, and from simple asset registration to full life cycle management.

Enterprise fixed assets have gone through three stages of development, from traditional Excel+ manual accounting to barcode technology and now RFID technology. Traditional Excel+ manual accounting has always been due to the large number of management documents, heavy inventory work, and the need for a large amount of manpower and material resources, making the historical operations and asset statistics of fixed assets extremely difficult, resulting in asset loss and repeated asset purchases.

RFID technology has greatly improved the management of fixed assets. When the equipment is purchased, the identity of the assets is bound to the RFID electronic tag. The RIFD electronic tag is written with the asset's barcode number, name, equipment type, usage department, purchase date, price, etc. Information, life cycle management and control. Barcode technology requires one-to-one scanning, which results in low inventory efficiency and the barcode is susceptible to contamination. RFID technology has been widely used in asset management in many industries due to its advantages such as long identification distance, strong multi-tag identification ability, fast collection, and not easy to be damaged.

The development of RFID fixed asset digitalization

RFID technology has greatly improved the management of fixed assets. When the equipment is purchased, the identity of the assets is bound to the RFID electronic tag. The RFID electronic tag is written with the asset's barcode number, name, equipment type, usage department, purchase date, price, etc. Information, life cycle management and control.

RFID technology has been widely used in asset management in many industries due to its advantages such as long identification distance, strong multi-tag identification ability, fast collection, and not easy to be damaged. Currently, RFID automatic identification technology is used to manage and track fixed assets throughout their life cycle, transforming physical asset management from static management to dynamic management. The adoption of digital management model is the development trend of fixed asset management in the future.

Implementation effects of RFID fixed asset management system

Improve the speed of inventory: RFID handheld terminal can quickly take inventory, increase the inventory speed by more than 10 times, and automatically generate inventory reports.

Real-time grasp of fixed asset information: The total quantity, location, usage status, users, depreciation and other information of fixed assets can be obtained in real time.

Full life cycle management: Complete the full life cycle management of fixed assets such as warehousing, distribution, use, inventory, maintenance, and scrapping through RFID.

Full tracking of asset whereabouts: Whenever physical assets are used, loaned, transferred, repaired, etc., corresponding document records will be generated and submitted to the fixed asset administrator for approval. Real-time fixed asset operations are standardized, and the trajectory can be queried and tracked at any time. .

Improve management efficiency and reduce error rates: Through the RFID asset management system, automated management of physical assets is realized, and management efficiency is increased by more than 50%.