Assets come in a variety of sizes and types. One thing is certain: every company has assets. Assets may either provide you a competitive edge or deplete the resources of your firm. ISO 55001 is an excellent asset management instrument. ISO 55001 is mainly applicable to capital-intensive enterprises that require a significant number of physical assets and have a high fixed cost. Distribution, utilities, heavy manufacturing, construction, property management, and transportation are all possible.
ISO 55001 certification is intended for use in the management and control of physical assets. It can, however, also apply to other forms of assets.
It makes no difference which assets must be handled. The emphasis is on a proactive approach to asset management, with associated goals and activities, to guarantee efficient and cost-effective asset management throughout the asset lifespan.
When an asset management system is deployed and complicated processes are managed within the business, stakeholder confidence grows.
Obtaining Certification Has Several Advantages
More Sales Were Made
Supply certification is frequently requested as part of procurement standards. This credential provides opportunities.
Customer Fulfillment
Deliver products that continuously fulfill consumer expectations and services that are dependable, dependable, and trustworthy.
Stakeholder Interactions Have Improved
Improve the company’s image of its employees, customers, and suppliers.
Observance Of Legal Obligations
Understanding the implications of legislative and regulatory requirements for your business and consumers
Business Qualifications That Are Effective
Independent verification against a globally recognized industry standard says a lot.
Reduced Operating Expenses
Saving money is feasible through ongoing process improvement and the ensuing operational efficiency.
Enhanced Risk Management
When products and services are more consistent and traceable, it is easier to detect and correct faults.
AMS Smooth Integration In Integrated Management Systems
Current HSE, Security, Information Security, Quality, Environment, and Business Continuity Programs require effective asset and risk management. Integrating a complete AMS into integrated management systems would significantly increase the total value of the Risk Management Model.
Simplify And Standardize
Large corporations use asset management to standardize and simplify their plants and equipment. It also lowers the price of spare parts and supplies. Training and assistance are other options. The most effective asset management systems increase value while capitalizing on growth prospects.
Personal And Process Security
Effective asset management lowers risk and lessens the likelihood of catastrophic occurrences and injuries. Preventive risk management and asset management will reduce the chance of events and accidents.
Reputation And Image
An organization’s reputation and image are just as vital as its operations. Its assets are also critical to its success. Assets, such as retail and hospitality, are frequently the point of entry into an enterprise’s activities. Increased visitors result from improved design.
• Asset management systems that are clearer and more efficient, based on suitable processes and key performance indicators.
• Individual assets are more efficient and productive.
• Using correct data to optimize the planning process, which is especially beneficial in digitalization.
• Risks are recognized and mitigated, while opportunities are utilized.
• It is simpler to make key decisions when your plant and equipment are planned and managed methodically.
• Competencies are also created in-house.
• Lowering operational expenses and increasing efficiency, as well as increasing corporate value
• Adherence to all legal and statutory rules
• Your stakeholders’ requirements are taken into account, which boosts your image.