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Rawasi EmpowermentFor Consulting and Training

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Asset Management Consulting
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Management Consulting
Operations, Supply Chain, and Logistics Consulting

AssetManagementConsulting

Managing the asset lifecycle per ISO 55001, applying preventive and predictive maintenance, and raising asset availability while cutting costs.

Target Audience
Internationally Accredited Body

Service Overview

Applying the ISO 55001 standard, inventorying and classifying assets, calculating total cost of ownership, and deploying a computerized maintenance system.

General Objectives

  • Increasing asset availability.
  • Reducing unplanned maintenance costs.
  • Extending the productive life of assets.
  • Improving asset safety and security.
  • Maximizing return on investment in assets.

Detailed Objectives

  • Conducting a physical inventory of assets and linking it to the financial system.
  • Identifying high-criticality assets based on the impact of their failure.
  • Setting a preventive maintenance plan for each asset per manufacturer recommendations.
  • Applying predictive maintenance techniques (vibration, thermal analysis).
  • Calculating and improving Mean Time Between Failures (MTBF).
  • Measuring and reducing Mean Time To Repair (MTTR).
  • Applying a spare-parts management system (Spare Parts Optimization).
  • Conducting root-cause analysis of recurring failures.
  • Training staff to operate assets per best practices.
  • Preparing monthly asset-performance reports for senior management.

Deliverables

What You Get

  • An asset management strategy compliant with ISO 55001.
  • A register of key assets with detailed information.
  • A preventive and predictive maintenance plan.
  • A TCO calculation model for each major asset.
  • An asset lifecycle management procedures guide.
  • An asset-performance dashboard (MTBF, MTTR, OEE).
  • A long-term asset replacement plan.
  • A training program for operators and technicians.

Methodology

  • Applying the ISO 55001 standard for asset management.
  • Inventorying assets and classifying them by importance (Criticality Assessment).
  • Developing an asset lifecycle plan (Acquisition, Operation, Maintenance, Disposal).
  • Calculating the Total Cost of Ownership (TCO).
  • Deploying a Computerized Maintenance Management System (CMMS).
  • Measuring asset performance indicators (OEE, MTBF, MTTR).
  • Assessing the risks associated with asset failure.
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02

Current State Assessment

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03

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