Asset Management Strategies and Planning

Assets exist to provide value for their owners. For a company to get more from assets, they need to start by understanding what value looks like for them.  Too many businesses get to Day One of operation without a clear set of goals for their assets, no strategies or plans to achieve their goals or even clear task instructions for their maintainers and operators.  As a result, value is lost right from the start. 

It’s true that the world of asset management strategies and planning can appear complex. Endless standards, tools and techniques with indecipherable codes and acronyms are daunting.  The relatively new ISO5500x set of standards is gaining prominence, with many organisations questioning whether they need to align, comply or gain certification.  At the asset level, the industry is full of techniques like RCM, FMECA and HAZOP, all with their own group of devoted practitioners. That’s where Bluefield can help.  

We understand that the business has changed a lot in the last two decades. Today, we're expected to minimise the safety, environmental and community impacts of assets, but at the same time increase productivity, while reducing maintenance costs and inventory.  To do this requires not only a deep technical knowledge of assets but the commercial, analytical and leadership skills to bring together a wide variety of information sources.  Not to mention inspiring a diverse group of people to work together in search of a common goal! 

OUR APPROACH

At Bluefield, we can help you move through this complexity, putting practical solutions in your hands and helping you get more from your assets. Our approach covers the full asset life cycle and recognises that businesses need to have a clear set of goals, priorities and expectations that align from the organisational level (policies, frameworks and strategies) right down to the individual asset and maintainer (functional specifications, asset management plans and task instructions).  We can also undertake business continuity planning. 

Above all, Bluefield’s approach to asset management strategies and planning focuses on identifying and managing failure modes.  We employ highly capable reliability engineers to work alongside maintenance managers, supervisors and tradespeople. These teams have a deep practical knowledge of assets and the experience to form usable plans with clear task instructions.   

Our approach also extends to the component level. We can analyse spares criticality and holding requirements to determine optimum inventory levels, supporting production continuity.  We also develop preservation strategies to ensure critical spares are usable when the time comes to take them out of storage. 

Bluefield’s experience covers a variety of industries including mining, transport, oil and gas, manufacturing, and many more.  We can develop asset management strategies and plans for anything from single fixed or mobile assets to complex, integrated systems.  We’ve successfully implemented our services right across the world, both during the construction phase and once a mature business is underway.