Guodian Anshun Company uses RFID to build an efficient asset management system

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Fixed asset management is closely related to financial management and is the basic core of business management.

As an asset-intensive enterprise, the fixed assets of power generation enterprises play a pivotal role in enterprise asset management and are an important material foundation for enterprise production and operation. However, in the management of fixed assets of power generation enterprises, there is a common phenomenon that physical management, value management, and use and storage management are out of touch.

Guodian Anshun Company uses RFID to build an efficient asset management system

Put an “ID card” on the device

Guodian Anshun Power Generation Co., Ltd. (hereinafter referred to as Anshun Company) is a large modern thermal power plant under the Guodian Group. Nearly 4,000 items of asset management under its jurisdiction are worth nearly 6 billion yuan. Asset categories include machinery, electricity, furnace, heat, chemical and other equipment directly produced in production, as well as electronic computers, communication equipment, and semi-automatic equipment. Due to the large number of assets and equipment, the wide variety of types, the wide distribution range, the harsh distribution environment, and the difficulty of inventory and statistics, how to manage the status information of these assets and equipment in a timely manner to cooperate with the asset inventory work to ensure that the accounts are consistent and effective Realize the efficient management of assets, protect and prevent the loss of assets, which brings challenges to Anshun’s real-time asset management.

After three months of investigation and analysis, Anshun and Yuanguang Software found a solution. In October 2010, Anshun decided to build an “integrated asset management system” with Anshun’s characteristics. In the plan, the linkage between fixed asset financial information and equipment physical information will continue to be promoted, and the management of statistical work will be upgraded through the introduction of radio frequency technology (i.e., RFID). Since then, Anshun Company has begun to realize the management exploration of the dynamic correspondence between financial and equipment physical information, injecting new vitality into a new level of asset management. At the end of 2011, the system successfully completed the development work and put it into operation.

According to reports, RFID (Radio Frequency Identification), or radio frequency identification technology, uses radio signals to identify specific targets and read and write related data. Compared with traditional barcode recognition technology, RFID has many advantages such as fast scanning, penetrating and barrier-free reading, reusability, and security. It was used in ticketing, food safety and other links during the 2008 Beijing Olympics.

In the past, Anshun’s staff had to go to the site to manually extract and verify asset information when conducting asset management, and then enter the computer after the verification was completed. The work process was cumbersome and the efficiency was not high. After the use of radio frequency technology, the company’s financial department took the lead in producing electronic tags, and each department cooperated to affix the tags to the specified location of the equipment, and each device was equipped with a unique “ID card”. The staff only had to hold the electronic tag reader/writer. , Read the data against the electronic tag, the information in the card will be automatically stored in the radio frequency inventory machine to facilitate the acquisition of equipment information. This greatly saves human capital and material costs, effectively solves the problem of the correspondence between the ledger and the physical object, and can accurately grasp the asset changes of Guodian Anshun Company in real time. The system has further improved the accounting processing procedures and provided the necessary basic data information for the audit work.

“Fixed asset management through RFID is a relatively innovative concept in China. The project team took 18 months to implement this concept. The use of RFID has helped Anshun realize the transformation from functional management to physical macro-monitoring management. Anshun’s asset management innovation system. More importantly, it has realized the transformation from self-closed to continuous improvement and open development.” said Zhao Xiumei, deputy general manager and chief accountant of Anshun.

The ripple effect of efficient management

Through the application of the system, calculated by counting 10,000 asset cards, the inventory time for Anshun’s manual operation of each asset dropped from 5 minutes to 15 seconds for the automatic identification terminal. If every working day is 8 hours and every month is 20 working days, then the inventory work done by 10 people in 1 month will be changed to 2 people in 1 week to complete the inventory, which greatly improves work efficiency and saves a lot of labor costs.

In order to realize the essential transformation of asset management, Anshun promotes the in-depth application of management information system, with finance as the core and business process as the guidance, making full use of the integrated asset management system, regularly assessing the status of equipment, and ensuring the safety and reliability of asset equipment. The project construction clarified the various routes of asset management, realized the simultaneous operation of value flow and physical logistics, and solved the problem of checking accounts, cards, and things. At the same time, it provides good data support for asset tracking and brings a lot of convenience to the daily management of assets. The online and acceptance of the system has consolidated the foundation of asset management, and also marked that Anshun’s fixed asset management has entered a new management model. And Anshun has also implemented a high-performance asset management system that focuses on asset roles and focuses on the economy, reliability, maintainability and safety of equipment.

On July 11, 2012, Anshun Company invited Guizhou Branch, Duyun Power Plant, Guiyang Power Plant, Zhijin Power Plant and other brother companies to the factory for joint demonstration and acceptance, and conduct multi-scenario simulations such as adding, transferring, scrapping and inventory The demonstration was unanimously affirmed by the participants. Lu Hui of the Guizhou branch gave an evaluation on the construction of the system: from the beginning of the asset entry, the asset management was carried out, and it was ready to give full play to the benefits of the assets, which can comprehensively increase the rate of return on assets. The pioneering experience of Anshun Company is worth learning and learning from.

As cloud computing, Internet of Things, and mobile Internet have become the core terms of a new generation of information technology, they have moved from concept to application. For enterprises, the clear, procedural, standardized, and intelligent dynamic asset management represented by Yuanguang’s “Integrated Asset Management System” will help enterprises ensure asset safety and integrity, improve use efficiency, and achieve added value and value preservation. , Enhance the competitiveness of enterprises and create more social and economic benefits. For software vendors, a huge market is taking shape.

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