Asset Inventory Research Articles

Pengaruh Partisipasi Masyarakat, Profesionalisme, dan Optimalisasi Pengelolaan Aset Desa Terhadap Pendapatan Asli Desa (Studi pada Desa dan Kelurahan di Kecamatan Kota Sumenep)

Efforts to increase Village Original Income are managing village assets professionally, utilizing village assets optimally and requiring community participation support. The fact is that there are still some villages whose asset inventories are less than optimal, thus triggering conflicts over village asset problems in the future. The type of data in this research is quantitative data, the data source of this research is primary data. The sample of this research was conducted in 12 villages, 4 sub-districts. The results of this study indicate that Community Participation and Optimization of Village Asset Utilization have no significant effect on Village Original Income. While the Professionalism of Village Asset Management has a positive effect on Village Original Income. Thus there is only one variable that has a positive and significant effect on Village Original Income.

Asset Management Based on Risk Control and Information Systems

Asset management is needed in asset inventory. The preparation of an asset inventory is taken into account the aspects of asset management and risk management. The measurement results with SEM obtained APC values and values < 0.05 and AVIF < 5 so that the relationship between the criteria for asset management and risk management has a significant effect on the design of asset information systems. Measurement of risk management obtained 4 critical risks that affect the design of asset information systems. One of the asset information systems that meet the criteria of being integrated, easy to manage, and easy to update the data is a QR code-based check sheet. Its use in a small scope is easier to implement than using a database system.

Automation of Asset Inventory for Cyber Security: Investigation of Event Correlation-Based Technique

Asset inventory is one of the essential steps in cyber security analysis and management. It is required for security risk identification. Current information systems are large-scale, heterogeneous, and dynamic. This complicates manual inventory of the assets as it requires a lot of time and human resources. At the same time, an asset inventory should be continuously repeated because continuous modifications of system objects and topology lead to changes in the cyber security situation. Thus, a technique for automated identification of system assets and connections between them is required. The paper proposes a technique for automated inventory of assets and connections between them in different organizations. The developed technique is constructed based on event correlation methods, namely linking the system events to each other. The essence of the technique consists of the investigation of event characteristics and identifying the characteristics that arise solely together. This allows determining system assets via assigning event characteristics to specific asset types. The security risks depend on the criticality of the assets; thus, a discussion of automated calculation of the outlined assets’ criticality is provided. Outlined system objects and topology can be further used for restoring possible attack paths and security assessment. The applicability of the developed technique to reveal object properties and types is demonstrated in the experiments.

ANALISIS DAN PERANCANGAN SISTEM INVENTARISASI ASET PADA PT. BANGUNINDO TEKNUSA JAYA

Asset inventory is an effort to collect data, record, report the results of asset data collection and then document it. PT. Bangunindo Teknusa Jaya is a technology company. Previously PT. Bangunindo Teknusa Jaya already has a website, but the website does not yet have a company asset inventory system. With the creation of an asset inventory system, it is hoped that this system can assist in recording asset loans and collecting company asset data. In making an asset inventory system, the method used is the Waterfall Method. The Waterfall Method has 5 steps: (1) Requirements, (2) Design, (3) Implementation, (4) Verification, and (5) Maintenance. Asset Inventory Information System PT. Bangunindo Teknusa Jaya is designed using Unified Modeling Language (UML) diagrams, namely Use Case Diagrams, Class Diagrams, and Activity Diagrams. The UML diagram of the asset inventory system uses StarUML tools, while the design of the asset inventory system uses MarvelApp. From the research that has been done, it produces a system that can help admins in saving time in data collection and transactions for borrowing company assets so that the admin's work becomes more effective and efficient.

Reinventing Operation Through Visual Asset Management System & Digitalization

As a data-driven organization, PETRONAS increases the demand for remote or autonomous operations on assets management. Visual Asset Management System (VAMS) is based on digital twin technology which digitalize asset inventory records and integrates multiple data sources that integrate engineering drawings, geo-tagged videos and 360° photographs with high intensity of spatial information in a cloud-based database. Intuitive dashboard showing the asset inventories allow asset management team to trace each inventory efficiently in a virtual reality model. A Proof-of-Concept (POC) of the VAMS was carried out on two newly installed offshore platforms. The findings showed that the centralized digital platform is effective for not only asset management but also production and maintenance operations. The POC results also demonstrated that VAMS minimize possible Health, Safety, Security and Environmental (HSSE) risks and exposure whereby site visit to the facility, safety induction, and HSSE walkabouts can be performed effectively in a safe virtual reality environment. This paper describes the POC and the implementation of VAMS for the two newly commissioned offshore facilities. It also discussed the technical challenges during the implementation, the perceive value creation, and the potentials and opportunities of the technology that we can leverage on to other fields or applications.

Deep learning for component fault detection in electricity transmission lines

Component fault detection and inventory are one of the most significant bottlenecks facing the electricity transmission and distribution utility establishments especially in developing countries for delivery of efficient services to the customers and to ensure proper asset audit and management for network optimization and load forecasting. For lack of technology and data, insecurity, the complexity associated with traditional methods, untimeliness, and general human cost, electricity assets monitoring, and management have remained a big problem in many developing countries. In view of this, we explored the use of oblique UAV imagery with high spatial resolution and fine-tuned deep Convolutional Neural Networks (CNNs) for automatic faulty component inspection and inventory in an Electric power transmission network (EPTN). This study investigated the capability of the Single Shot Multibox Detector (SSD), a one-stage object detection model on the electric transmission power line imagery to localize, detect and classify faults. Our proposed neural network model is a CNN based on a multiscale layer feature pyramid network (FPN) using aerial image patches and ground truth to localise and detect faults through a one-phase procedure. The SSD Rest50 architecture variation performed the best with a mean Average Precision (mAP) of 89.61%. All the developed SSD-based models achieve a high precision rate and low recall rate in detecting faulty components, thus achieving acceptable balance levels of F1-score and representation. We have established in this paper that combined use of UAV imagery and computer vision presents a low-cost method for easy and timely electricity asset inventory, especially in developing countries. This study also provides the guide to various considerations when adopting this technology in terms of the choice of deep learning architecture, adequate training samples over multiple fault characteristics, effects of data augmentation, and balancing of intra-class heterogeneity.

Corporate Liquidity in Coronacrisis: Experience of Serbian Economy

The appearance of coronavirus in the spring of 2020 has significantly revalued risk exposures in the business environment, which required new approaches in the measurement of financial risks. This paper defines and explains a new approach to the measurement of liquidity risk in companies in a time of an economic crisis. This approach is more responsive to stressful circumstances in the business environment and measures the time in an economic crisis when a company can still pay maturing liabilities out of its own inventory of liquid assets, where sales of a company on the market are limited or completely prohibited, as this was the case for some industries during the first wave of Covid -19 in spring 2020. The objective of this paper was to define a new metric for the measurement of corporate liquidity, which is sensitive to this environment and shows the propensity of a company to the risk of illiquidity if an economic crisis appears. This paper, in the next step, leverages the newly defined metric of corporate liquidity and calculates the average liquidity of all companies, as well as the average liquidity by business sectors in the Serbian economy, to discuss corporate liquidity in a crisis. The results show that the average liquidity of the Serbian economy in crisis at the end of 3Q 2020 was 78,02 days, i.e., the average company in the Serbian economy was able to survive 78,02 days in stress by the end of 3Q 2020 if its sales on the market were prohibited. Implications for Central European audience: The model in this paper is in the interest of every company and bank to measure the liquidity risk of business partners in times of an economic crisis and to predict which business partners may have liquidity problems in crisis and may therefore not be able to pay their open liabilities. The contribution of this paper to liquidity risk measurement in companies in times of stress is high as the currently available literature does not offer an alternative approach.

Development of an Automated Ticketing and Tracking System for the Monitoring of Surface Mine Hauling Operations

Telematics systems that integrate wireless communications and automation for equipment tracking and trip monitoring in mining operations have an advanced impact on the operational efficiency and optimization of the mine's asset inventory. In this study, a system was developed for solution in a mining area with low mobile network signal coverage and no internet service available to monitor and analyze the actual utilization executed by heavy equipment using microcontrollers with communication capabilities (GSM/GPRS, WiFi, and Bluetooth) and sensor modules for fuel monitoring and location tracking. Open-source software was utilized, such as PHP framework and MySQL, to provide a fast and real-time display of daily mine operations. The study provides an online tracking and ticketing system on mine hauling vehicles, introducing a cost-efficient, reliable, interactive platform for web-based monitoring and real-time telematics. The data acquired in real-time provide significant information which will allow innovative equipment optimization.

The impact of supply chain relationship configurations on supplier performance: investigating buyer–supplier relations in the aerospace industry

Purpose A supplier may sell not only to one buyer (sole relationship configuration) but also to the buyers competitors (shared relationship configuration) for a specific product category. This study examines the performance implications when suppliers establish shared relationships with the buyer’s competitors.Design/methodology/approach Secondary data are used to test hypotheses relating a supplier’s relationship configurations to its operational performance. A seemingly unrelated regression approach (SUR) is applied to analyze the data, followed by endogeneity checks of the empirical findings.Findings The study shows that suppliers with less-shared ties with buying firms’ competitors exhibit superior inventory efficiency and asset turnover. Thus, suppliers can improve operational efficiency by creating relatively exclusive, deep and trust-based relations instead of more extensively shared and shallower relationships.Research limitations/implications Based on agency theory as a theoretical lens and aerospace industry data, this research contributes by addressing the supplier’s perspective and linking its operational efficiency performance with its chosen supply relationship configuration.Practical implications Suppliers need to understand the performance implications of choosing relatively exclusive relationships versus shared relationships with buying firms. The research provides new insights for managers and can guide their supply chain decision-making.Originality/value Little is known about how a supplier’s relationship configurations can elevate, or impair, its operational efficiency. While conventional wisdom holds that suppliers should focus on multiple avenues of revenue growth by selling to buyers’ competitors, this study demonstrates that more sales to a buying firm’s rivals might, in fact, reduce a supplier’s efficiency.

Inventories of Movable Assets of Churches in the Late Middle Ages

Inventories of Movable Assets of Churches in the Late Middle Ages

STEM resource compilations for West Virginia.

First2 Network, NASA Educator Resource Center (ERC), WV Department of Education (WVDE), and WV Alliance for STEM and the Arts offer compilations of WV STEM resources that serve undergraduate and K12 students, parents, educators, industry, and other STEM stakeholders throughout WV. Learn how to use and submit events to these resource compilations, and how they are connected. First2 Network’s WV STEM Hub is a searchable online inventory of West Virginia STEM-related assets, resources and opportunities. The NASA ERC aims to spotlight NASA internships for high school and undergraduate students through the Careers in the Corridor event, and to add industry partners to the WV STEM Hub and WVDE STEM Ecosystem. The main objective is to help develop STEM career pipelines by providing early awareness career explorations for WV students. STEAM Trek is a free web-based, interactive game platform for WV students to explore STEAM content and resources available from organizations, institutions, and individuals from WV and beyond. A new corridor in the game space is planned, to serve as a virtual Careers in the Corridor event continuously available to the public.

Profitability analysis of backgrounding and finishing of beef cattle in western amazon: a multiple-case study

This study aimed to evaluate the economic profitability of farms for backgrounding and finishing of beef cattle located in the mesoregion of Acre valley, in a multi-case study format. The data used originated from three pre-selected farms from January to December 2018. Data were collected from an inventory of assets and cash flow, which were later tabulated in Excel® software using descriptive statistics through mean, percentage, and standard deviation to present the indicators. The average effective operating cost (EOC) was BRL 1,399,014.34 and the total operating cost (TOC) was BRL 1,444,068.53 and the total cost (TC) was BRL 1,673,860.38. The items that compose the EOC which exerted greater representation on the activity costs were the purchase of animals (79.6%), food (7.8%), and labor (5.9%), respectively. Under these conditions, the three properties studied showed positive gross margins, net margins, and positive results, indicating their profitability in the short, medium, and long term, with possibilities for expansion in the region.

Fully Automated Algorithm for Light Pole Detection and Mapping in Rural Highway Environment Using Mobile Light Detection and Ranging Point Clouds

The widespread use of light detection and ranging (LiDAR) data provides a promising source for the automatic detection and inventory of roadside assets. One of the essential elements in roadside furniture is light poles. There is limited research on the mapping of light poles using point-cloud data on rural highways. In this environment, the placement of light poles within roadside clear zones often poses a safety concern, as they are related to an increased risk of collisions. Only a limited number of studies have explored the relationship between light poles and safety because of the time-consuming and labor-intensive practices of collecting light pole assets data using traditional manual methods. This paper proposes an automated approach to mapping the locations of light poles. First, the scanning vehicle trajectory is extracted, smoothed, and then used to segment the point-cloud data into smaller overlapped batches of data. Several filters are applied to extract pole-like objects from the data. The segments are combined back together, and a density-based clustering algorithm is used to group the remaining points into clusters. A geometric filter is finally applied to extract light poles. The model is tested on 28 km of data on three rural highways in Alberta, Canada. The proposed algorithm is found to be accurate relative to previous studies, with average precision, recall, and F1 scores exceeding 98% for the test segments. The proposed work can assist in the automation of light pole inventory and road safety audits by transportation agencies.

MANAGING 3D ASSET MANAGEMENT USING CITYGML CONCEPT

In the last decades, three-dimensional asset management is one of the significant practices that is rapidly being used nowadays. Nowadays, 3D GIS has been applied in various applications, especially asset management. A major problem that faces the country at present is the lack of effective tools for managing and maintaining the assets. Currently, in Malaysia, there has been a system that develop by the government named Malaysia Immovable Asset Management System (MySPATA) that is used for the recording, managing, and monitoring government immovable assets. However, this system has not been very successfully utilized due to data complexity and complication in the documentation. This also happens because there are issues involving the management of spatial data due to the growing complexity in infrastructure and limitation of applications. In the surge of digitized economies and industrial improvement, the usefulness of data visualization is becoming increasingly significant in sectors such as smart city planning, construction, management, and services. Therefore, for this to happen, integration between 3D asset management and the CityGML concept is needed This paper focuses on managing 3D asset management using the CityGML concept. CityGML is an independent geospatial information model for semantic 3D city and landscape models that contain various features and modules such as spatial information, data integration, and data visualization. Integration of current technology which is Geographical Information System (GIS) and CityGML concept being employed for 3D asset management. A 3D asset management modeling is being developed using the CityGML standard to track spatial assets, maintain asset records, and sustain an accurate inventory of assets. Thus, in the future, an effective GIS database management will be developed to ensure adequate system performance and operational.

Analysis of Optimization of Fixed Asset Management for Sleman Regency Government

The key to successful economic management is related to the management of regional assets. Optimal management of regional assets will prioritize good governance and trustworthy management of state finances from the community. However, there are still some problems that occur in the management of fixed assets in the Sleman Regency Government. This research is a quantitative descriptive study that explains the relationship between asset inventory, valuation, legal audit, and supervision and control of the optimization of fixed assets. Research data was collected through the distribution of questionnaires. The analytical tool used is multiple regression analysis. The results showed that the inventory, assessment and supervision and control had an effect on the optimization of fixed assets. While the legal audit has no effect on the optimization of fixed assets.

The Use Of Fixed Assets Management System In Souvenir Centre

Assets have a large role in shoring up a business process in a particular entity. Without fixed assets, a business will be difficult to do its business processes well. Fixed assets owned by Souvenir Centre Group 58 have not been well recorded, from the physical amount or in accounting records. Often the recording of assets manually causes problems due to the possibility of human error. Recording the depreciation of an asset is also a necessity of an entity that runs business processes. Therefore, an application is needed that can replace the manual process to be systemized. The aim of the research to be conducted is to design and develop and implement a fixed asset inventory system at a central store by QR-Code-based "Group 58" and look at the impact it has on the process of manually recording fixed asset inventory. Designing a Fixed Asset Management System at the Souvenir Centre "Group 58", through interviews, a study of company documents, designing Use Case Diagram, ER Diagram, Flowchart, and display design. Once the system is complete, a final interview is conducted with 5 employees/owners of the Souvenir Centre "Group 58" and get the result that the use of the asset management system has a positive impact on the Souvenir Centre "Group 58".

INVENTORY OF NON-FINANCIAL ASSETS AS AN INTEGRAL PART OF THE AUDIT OF BUDGET REPORTS OF LAW ENFORCEMENT AGENCIES

Introduction. The article outlines the main directions of auditing activities to verify the inventory of non-financial assets. At the moment, there is no unified and effective methodology for checking the financial assets of budgetary organizations at the legislative level. At the same time, it is possible to state the fact of existing methodological aspects in the audit activity only at the subjective level. Objectives. Comprehensive study of the problems arising in the course of auditing activities when checking the inventory of non-financial assets. It is planned to create an author's concept for the study of theoretical problems, legal and organizational features of the use of special economic knowledge in auditing activities and the development of proposals for improving their application in the activities of financial control bodies to combat crimes in the economic sphere. Methods. In the process of researching the inventory of non-financial assets, the dialectical method was used, as well as the method of comparative analysis. Results. The algorithm of actions of the regulatory authorities during the inspection of non-financial assets has been worked out, as well as the procedure for comparing documents during the inspection of the inventory of non-financial assets has been determined. Conclusions. It is concluded that auditors need to include a mandatory check to identify possible write-offs of material assets for damage and other unproductive losses in the programs for checking the annual inventory and personal work assignments to identify possible write-offs of material assets for damage and other unproductive losses that are book value established by the named inventory.

The Effect of Revaluation, Inventory and Lease of State-Owned Assets on Optimization of Non-Tax State Revenue in Indonesia

The Republic of Indonesia's state revenue is used for the state budget to achieve public welfare, where one component of state revenue is from non-tax state revenue. The government maximizes the use of state-owned assets to optimize non tax state revenue, so that it can support tax revenues in financing the state. The purpose of the study was to determine and analyze the effect of partially or simultaneously the revaluation, inventory, and lease of state-owned assets on the optimization of non-tax state revenue. This research is a quantitative research, using a survey method that uses an instrument in the form of a questionnaire. The conclusions are revaluation, inventory, and lease of state-owned assets partially positive and significant effect on the optimization of non-tax state revenue; and the revaluation, inventory and lease of state-owned assets simultaneously have a positive and significant effect on the optimization of non-tax state revenue. Keywords: [Non-Tax State Revenue, Revaluation, Inventory, Lease, State-Owned Assets]

Pengaruh Manajemen Aset Terhadap Tingkat Optimalitas Aset Tetap (Tanah) Pemerintah Provinsi Jambi

The purpose of this study was to analyze the effect of fixed asset management (land) belonging to the Jambi Provincial Government. A total of 46 sample respondents were taken in this study using purposive sampling method. Asset inventory, asset legal audit, asset valuation, and asset monitoring and control are the variables used in this study. From the results of the analysis using the Multiple Linear Regression test tool, it shows the results of an individual test that it is proven that asset inventory has a positive and significant effect on the optimality of fixed assets (land) which means that it matches the hypothesis, but individually legal audits of asset valuation, as well as asset monitoring and control not proven to have a positive and significant effect on the level of optimality of fixed assets (land) which means that it is not in accordance with the hypothesis, while the results simultaneously show that the four variables, namely asset inventory, asset legal audit, asset valuation, and asset monitoring and control, have a significant and positive effect. to the optimal level of fixed assets (land), the results are proven by the value of F-count > F-table.

PENGEMBANGAN SISTEM INVENTARIS CRUDE OIL DENGAN SCRUM PADA PASIR PETROLEUM RESOURCES LIMITED

Inventory or office stock is an activity or action to carry out calculations, arrangements, management, implementation of recording of an item to obtain information that can be controlled and supervised on a company's assets. Companies often get difficulties or difficulties in controlling an asset so that they make reports regarding the identity of these assets irregularly. Under these conditions, the company really needs to develop a manual asset recording report process that is computerized by building an inventory information system that can manage and record the activities of a company's assets. The research method used is the Agile Method, the Scrum framework model. By building a Website-based Asset Inventory System and Page Hypertext Processor as the Boostrap Framework programming language as the End font framework and MySQL as a database server, it is hoped that the Asset Inventory Information System can be useful for companies in controlling and recording an identity of goods or assets.