The European arm of Yazaki, a global supplier of automotive parts and the world’s largest producer of wire harnesses, has selected Real Asset Management’s (RAM) software to enhance its asset tracking procedures. The solution will increase the level of control the company has over equipment management whilst allowing it to establish a consistent approach to reporting across the organisation.
Yazaki began operations as a small family business. Sadami Yazaki started by selling electric wires for automobiles in Japan in 1929. Since then, the company has expanded substantially and now employs over 290,000 people worldwide. It has a presence in over 45 countries with 487 office locations, including its European headquarters in Cologne, Germany.
The software will ensure that reporting standards are consistent and that our policies are complied with
The company will utilise RAM’s asset tracking system to compile information required for reports and to improve item monitoring within the organisation. Ben Ashton, Senior Director Group Accounting at Yazaki Europe commented, “We will use the mobile app to conduct physical audits of the group’s equipment, from office furniture within our branches to assets within production plants such as large machinery and tools. The software will ensure that reporting standards are consistent and that our policies are complied with.”
Richard Shaw, Sales Director at Real Asset Management stated, “Our webbased tracking solution provides a repository of all information, enabling the company to control its entire asset base. Authorised users can extract required equipment details with ease using the software’s in-built suite of standard reports; this will save Yazaki time that would have previously been spent compiling data manually.”
The project is scheduled to commence in the spring of 2017 at the UK and German sites and has the potential to expand across Yazaki’s other branches in Europe and Africa, as well as further sites globally. Ashton noted, “We have enjoyed a positive start to our working relationship with RAM and each step of the process has been straightforward."