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Asset Management for Mexican Steel Plant

Background
With the continuous advancement of informatization, more enterprises have paced with informatization development. The famous Mexican steel company is no exception.
To promote its development and standardize the asset management process, the steel plant decided to introduce UHF RFID technology to enable the visibility of assets.
 
Challenges
1. There are a variety of assets, bringing a heavy maintenance workload. The traditional manual management method consumes high labor costs and prone to errors.
2. It cannot realize the data of all the assets contain the purchase of assets, stock-counting, maintenance, and depreciation. Without data support, managers cannot make a reasonable plan in time.
3 The company does not set up practicable and effective management mechanisms in the past, which leads to a low utilization rate of assets and resource wastage.
4. The breakdown of equipment often cannot be fixed in time, and it is difficult to find or fix the responsibility for theft or losses to the company.
5. Old system leads to inconsistencies between record-keeping and the actual status of materials. Therefore, it increases unnecessary workload and makes the process complicated.
 
Solution
Based on the application of the Chainway C72 UHF handheld terminal. The steel plant is equipped with an RFID-based asset management solution.  The solution integrates RFID technology to carry out tag management of fixed assets in the steel plant. Company management attached all the tangible assets with RFID electronic tags. The workers use C72 UHF RFID readers at the entrances and inside the plant. Thus, full visibility of assets and the information updates are realized on the real-time data monitoring platform that includes real-time positioning of the device, movement tracking records of the device, alarms, etc. Also, management can generate equipment management statistics and reports. It helps the steel plant to establish an advanced and standardized mechanism for asset management.
 
Effects
1. With the application of the C72 handheld terminal, it can realize the automatic tracking for asset equipment of the entire life cycle, making asset management simple and efficient.
2. It automates the asset identification during procurement, the input of the warehouse, cycle-counting, and scrapping, which significantly reduces the workload of asset management.
3.Some high-value asset equipment can be quickly found when it is in demand and reduces the risks of theft.
4. The real-time visual management of assets optimizes asset allocation and improves asset utilization.
5. It can perform a reliable operation and better maintenance of equipment assets, which reduces the operating costs and increases the company's profitability.
 
PDA configuration
P/N: C72
Function: UHF
 
 
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