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Asset Consulting

The asset consulting team challenges convention in client companies, assists management in the development of an asset management culture and supports management in the delivery of short, medium and long term flexible asset management plans.

Our team includes highly experienced management practitioners with board level experience in major companies, across a range of industry sectors.

We facilitate change by helping clients define strategies and methods to move from departmental budget driven asset spend, to zero based asset spend, optimising the balance of asset condition/performance, business risk and business need. Implementation delivers:


 Cost savings
 Competitive advantage

 


CAPEX and OPEX become market and mission focused, forward looking and proactive. For each asset decision unit, performance and optimisation is combined to produce a normalised asset need score. This normalisation enables the targeting of spend to asset decision units where spend requests rank highly both within the unit and among decision units.

An asset management plan is not generic, but is derived from investigation of fundamental issues. It is in the tailored implementation where business benefit and competitive advantage are derived.

ServQ and our partner MBA assist clients to tailor an asset management plan for their business by addressing typically:

 

Strategy

Asset mission - goals

Knowledge 

Asset register (what? where? value?)

Asset decision units

Performance 

 

Likelihood of failure

Key performance measures

Key performance indicators

Targets for KPI’s and KPM’s

Optimisation 

Consequence of failure

Market

Future income

Effective cost

Customers

Stakeholders

Legislative compliance

Health and safety

Regulatory

Environmental

Quality

Supply/Product

Exploitation

Non operational revenue


The asset consulting team is supported to task level by established complementary business teams with our partners, providing, for example:

 Information gathering and data mining
 Data need determination
 Data quality control
 Field surveys
 Condition assessments
 Asset information delivery

 

 

 


Our partners take complex issues: collect, collate and distil the often-large volumes of data; make these data accessible and understandable and present information to management in a workable, clear and accessible prioritised format.


 

 


 

 

 

 

 

 

 

 

 



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