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Asset Management at the USPTO The RFID Future Tom King, Project Manager U.S. Patent & Trademark Office Office of Administrative Services Alexandria, VA.

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Presentation on theme: "Asset Management at the USPTO The RFID Future Tom King, Project Manager U.S. Patent & Trademark Office Office of Administrative Services Alexandria, VA."— Presentation transcript:

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2 Asset Management at the USPTO The RFID Future Tom King, Project Manager U.S. Patent & Trademark Office Office of Administrative Services Alexandria, VA

3 3 Agenda 1.Background 2.Goals 3.Return on Investment 4.Equipment a)Readers b)Bar-codes c)Placement 5.Future Enhancements

4 4 Background Labor intensive manual process Vulnerable to error due to heavy reliance on human interaction. Over 800 Property Custodians (PC) and 100 Property Accountability Officers (PAO) Asset Information: 1.112,100 assets tracked 2.$172,560,400 total value

5 5 Background June 2012, a budget initiative was approved and included in the FY 2014 President’s Budget September 2014, a contract was awarded to: 1.Perform site surveys 2.Procure software 3.Purchase/install the hardware

6 6 Goals 1.Reduce number of PAOs and PCs 2.Reduce inventory cycle time 3.Increase accuracy

7 7 Return on Investment Approximate Cost: $3m Annual Savings: $1.1m ROI: 2.75 years CategoryAnnual CostAnnual SavingsNotes PC Labor $ 501,311.20 $ 451,180.08Expect 90% reduction Asset Mgmt Labor ~ Errors $ 365,367.83 $ 274,025.87Expect 75% reduction Loss Prevention $ 377,629.39 $ 366,300.51Expect 97% reduction Total $ 1,244,308.42 $ 1,091,506.46

8 8 Equipment RFID Readers 1.Fixed Most are ‘hidden’ above the ceiling tile Lobby readers are ‘flush mounted’ to the ceiling Each building, including remote sites 2.Mobile Limited number Facilitate monthly reconciliation

9 9 Equipment RFID Barcodes 1.Affixed to most trackable assets 2.Passive technology

10 10 Equipment Placement Performed extensive site survey work to determine optimal location for each reader. Items considered included: Critical locations (loading docks, emergency exits) Maximum coverage Minimal equipment investment

11 11 Typical 1 st Floor

12 12 Typical Floor

13 13 Future Enhancements 1.Real-time updates 2.On-demand reporting 3.At home asset tracking

14 14 Questions and Answers

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