Material assets such as machinery and vehicles must be managed cost-effectively and responsibly throughout their lifecycle: from design and fabrication through commissioning, operation, and eventual disposal. Non-physical assets such as intellectual property must be properly handled to increase their value and ensure their security.
A rigorous asset management system can help you to successfully manage your company’s assets in a way that ensures return on investment whilst complying with health, safety and environmental requirements. In turn, this enables you to boost profitability and stand out from the competition.
DEMONSTRATE COMPLIANCE AND ENSURE TRANSPARENCY
establishing an asset management policy that supports organisational objectives
BALANCE RISK AGAINST COST EFFICIENCY IN DECISION-MAKING,
for example when setting priorities for asset maintenance
REDUCE COSTS, BOOST ASSET ROI AND OPTIMISE GROWTH
across the asset lifecycle
ENHANCE YOUR REPUTATION
by proving that your asset management is efficient, sustainable and compliant
IDENTIFY OPPORTUNITIES FOR IMPROVEMENT
based on feedback through audit reviews
IMPROVE AWARENESS OF YOUR STAFF
The most widely recognised system is defined in the ISO 55000 family of standards, built on 24 best practices. Applying this robust framework also enables you to implement high standards across your organisation and gain external recognition through ISO 55001 certification.