Guodian Anshun adopts RFID for efficient asset management

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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 an important role in the management of enterprise assets, and are an important material basis for the production and operation of enterprises. However, in the fixed asset management of power generation enterprises, there is a common phenomenon of disconnection between physical management, value management and use and storage management.

Install an “identity card” on the device

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

Anshun and Yuanguang Software found a solution after three months of research and analysis. In October 2010, Anshun Company decided to build an “asset integrated management system” with Anshun characteristics. In the plan, the linkage between the financial information of fixed assets and the physical information of equipment will be continuously promoted, and the management of statistical work will be upgraded by introducing radio frequency technology (ie RFID). Since then, Anshun Company has started the management exploration to realize the dynamic correspondence between financial and physical information of equipment, injecting new vitality into the new level of asset management. At the end of 2011, the system successfully completed the development work and went online.

According to reports,RFID(RadioFrequencyIdentification) is radio frequency identification technology, which identifies specific targets and reads and writes related data through radio signals. Compared with traditional barcode recognition technology, RFID has many advantages such as fast scanning, penetrability and barrier-free reading, reusability, and safety. It was used in tickets, food safety and other links during the 2008 Beijing Olympics.

In the past, the staff of Anshun Company had to manually extract and check the asset information at the site when conducting asset management, and then input it into the computer after the check was completed. The work flow was cumbersome and the efficiency was not high. After adopting radio frequency technology, the company’s finance department took the lead in making electronic tags, and each department cooperated to stick the tags to the specified positions of the equipment, and equipped each equipment with a unique “ID card”. The staff only needed to hold the electronic tag reader. , read the data on the electronic tag, and the information in the card will be automatically stored in the radio frequency inventory machine, which is convenient for obtaining equipment information. This greatly saves human capital and material costs, effectively solves the problem of correspondence between ledger and physical objects, and can accurately grasp the asset changes of Guodian Anshun in real time. The system has further improved the accounting 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 put this concept into practice in 18 months. The use of RFID has helped Anshun Company realize the transformation from functional management to physical macro monitoring management. The asset management innovation system of Anshun Company. More importantly, it has realized the transformation from self-isolation to continuous improvement and open development.” said Zhao Xiumei, Deputy General Manager and Chief Accountant of Anshun Company.

  The ripple effect of efficient management

Through the application of the system, based on the inventory of 10,000 asset cards, Anshun’s manual operation of each asset inventory time decreased from 5 minutes to 15 seconds for the automatic identification terminal. If there are 8 hours per working day and 20 working days per month, then the inventory work completed by 10 people in one month will be changed to 2 people in one week to complete the inventory, which greatly improves work efficiency and saves a lot of labor costs.

In order to realize the essential change of asset management, Anshun Company promotes the deepening of the application of management information system, takes finance as the core and business process as the orientation, makes full use of the comprehensive asset management system, regularly evaluates the status of equipment, and ensures the safety and reliability of assets and equipment. The project construction clarifies the various routes of asset management, realizes the synchronous operation of value flow and physical logistics, and solves the problem of checking accounts, cards and objects. 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 launch and acceptance of the system has consolidated the foundation of asset management and marked the entry of Anshun’s fixed asset management into a new management model. Anshun Company has also realized a high-performance asset management system that focuses on the role of assets and pays attention to 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 sister companies to the factory for joint demonstration and acceptance, and to conduct multi-scenario simulations such as addition, transfer, scrapping and inventory. The demonstration was unanimously affirmed by the participants. Lv Hui of Guizhou Branch commented on the system construction: starting from the entry of assets, asset management has been carried out, which is ready to give full play to the benefits of assets, and can comprehensively improve the return on assets. Anshun’s prior experience is worth learning and reference.

With cloud computing, the Internet of Things, and the mobile Internet becoming the core terms of the new generation of information technology, and from concept to application. For enterprises, the clear, process-oriented, standardized and intelligent dynamic asset management represented by Yuanguang’s “asset integrated management system” will help enterprises to ensure the safety and integrity of assets, improve use efficiency, and greatly improve The process of electric power informatization can realize the value-added 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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