Future-proof your assets with ISO 55000… Certification Matters!
Your assets are the lifeblood of your business, so why not make them work smarter, not harder?
Picture for a moment every piece of equipment and infrastructure in your business functioning like a well-oiled machine, risks are precisely managed, and every motion is data-informed. A fantasy? This is precisely what ISO 55000 certification can assist you with.
One can consider ISO 55000 certification to develop their reliability-focused planned preventive maintenance programs which aids in risk management. Operational expenses will be gradually reduced to improvise on the organisation’s flexibility.
ISO 55000 Certification stands for…
ISO 55000 certification sustains an effective asset management system, and it is an internationally recognized standard. The certification assists businesses in creating value with their assets, managing risk, and ensuring sustainability over time. Whether physical infrastructures or intangible assets, ISO 55000 guarantees that every element facilitates effective operations and strategic development.
Distinction between ISO 55000 and ISO 55001 certifications
Where asset management concepts are explained in ISO 55000, ISO 55001 provides the components of an AMS, detailing the processes of establishing, implementing, maintaining, and continuous improvement.
Bring advantages with ISO 55000 certification
- Enhanced decision making with structured asset information.
- Systematic risk management by identifying and mitigating asset-related risks.
- Sustainable growth can be achieved by aligning asset management with organizational objectives for long-term success.
- ISO 55000 certification brings operational efficiency by streamlined processes, which leads to cost savings and improved performance.
Implementation requirements of ISO 55000 certification
To align with ISO 55001 requirements, organizations should:
- Establish a clear policy aligned with organizational objectives for the productive working of the asset management system.
- Assigning roles and responsibilities accordingly and maintaining the leadership commitments.
- Identifying and evaluating risks and opportunities related to asset management before establishing a support mechanism.
- Providing support mechanisms such as necessary resources, training, and communication channels, and monitoring performance regularly.
ISO 55000 for Infrastructure Asset Management
ISO 55000 certification maintains an efficient asset management system and holds global recognition as a standard. This certification helps companies generate value from their assets, handle risks, and ensure long-term sustainability.
Adhering to ISO 55000 certification, replacing the traditional star-delta starter with an AC electronic speed variable drive and thyristor voltage controller, led to an annual energy saving of 90,000 kWh, translating to a cost saving of ₹1.8 lakh per year against an investment of ₹1.5 lakh.
Organisations who can apply for ISO 55000 certification
Across all the industries like equipment, software, processes and even individuals can apply for this certification. There are some industries listed below who will gain advantage over this certification:
Utility companies: The companies that provide water, power and other utility resources can avail including the older infrastructure and increased regulatory scrutiny.
Real estate: ISO 55000 certification can be availed by companies who deal with municipal bylaw compliance and who deal with tenant concerns. They can avail to minimise the expenses that keeps them in good shape.
Oil and natural gas: This certification assists oil and gas firms to ensure safer deployment in multi-site operations and to unify their asset management standards.
Construction: Companies can lower their operating and ownership costs by availing the ISO 55000 certification for contractors.
Manufacturing: The manufacturing companies can keep a track of their building and equipment maintenance to deal with environmental, information security, health and safety of the companies.
Global Quality Services: The Most Qualified to Take You Through ISO 55000 Certification in Singapore.
Global Quality Services is known as the best asset management consultancy in Singapore, professionally managing the entire process of ISO 55000 implementation. Because GQS has a thorough understanding of asset management and international standards, it aims to help organizations not only get certification but also sustain the benefits from optimized asset performance.
GQS has several offices in major Singapore cities and is known for its reliable implementations. This helps with the asset management system’s certification to ISO 55000.
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