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Asset Management

Maintaining the vital equipment and resources of a business.

We ensure the continuity of operations, safeguard employees and customers and preserve valuable business assets through the adoption of asset management principles.

Protecting the assets of your company is critical for its long-term success.

Assets can be equipment, resources or buildings. Many have been added to a business over time, representing years of hard work.

But without their maintenance, the continuity of a business and the safety of employees and customers alike is put at risk. With maintenance, preventing risks from happening, or stopping them from happening again, is possible. The business improves, and so does its sustainability.

By focusing your time and resources on the right assets, enabling them to do the right things, will allow them to deliver the right results for your business.

As well as aiding decisions around asset investment and use, these principles focus your time on the correct assets to deliver the right results.

These results can include:

  • Improved financial performance
  • Informed asset investment decisions
  • Managed risk
  • Improved services and outputs
  • Demonstrated social responsibility
  • Demonstrated compliance
  • Enhance reputation
  • Improved organisational sustainability
  • Improved efficiency and effectiveness

Our approach to Asset Management

We tailor our methods to suit your business needs. However, four core principles lie at the heart of asset management.

Value

Understanding the value of your assets is key to understanding the criticality of them to your business.

Alignment

If your asset management strategy is not aligned with your organisational strategy, inefficiencies can occur.

Leadership

Leadership and ownership are vital to driving a healthy asset management culture.

Assurance

Reassurance your asset management system is delivering what it was designed to do.

How we deliver Asset Management

Machinery Safety Compliance audits

These audits help you to achieve and maintain compliance with the relevant regulations e.g. PUWER, LOLER, DSEAR, HAV or noise.

Asset management system implementation

If you really want to embrace and maximise asset management’s benefits, let us help you implement an AM system. From policies to training, we can help.

Planned Preventative Maintenance reviews

Let us ensure you are undertaking maintenance activities in the most optimised way. This means performing the right work on the right assets, at the right time and with the right skills.

Failure investigation reports

When things go wrong, it is important to understand what and why it happened. We also identify the root cause and implement a robust solution to stop it happening again.

Project initiation support

Helping you develop and produce specifications for purchasing new equipment to ensure it meets your requirements.

Testing and commissioning support

We can ensure that your supplier is undertaking their work in the correct manner, from compliance audits to test witnessing or technical method reviews.

Asset handover support

Here, we make certain that new equipment is handed over with the correct documentation. This meets compliance and allows you to get the most out of the asset from the start.

Benchmarking and KPI reporting

How do you know you are performing well and to plan? We can help establish standardised reporting and facilitate industry wide benchmarking.

Feasibility reports

Thinking of enhancing an existing asset or replacing it completely? Let us aid you in understanding the risks and benefits of all options.

Asset condition surveys

Conducting these surveys helps you understand the current condition of your asset. We can also advise what you may need to consider to maintain its operation and estimated residual life.

Life extension proposal assessment

This work helps you get more from assets which are already nearing the end of life, with efficiency.

Asset mothballing, decommissioning and recommissioning

Taking an asset out of service and then bringing it back into operation needs to be carefully considered to avoid costly remedial works.

What is Asset Management?

Listen to our Asset Management Specialist Paul Wood explain what asset management is and how it can help your business.

Asset Management case studies

Asset Management insights

Our people working in Asset Management