Platinum Facilities and Greater Anglia achieve ISO 55001

We are proud to celebrate the success of two of our clients who have obtained the ground-breaking Asset Management Standard ISO 55001. Over the past 12 months, Blackmores have worked in collaboration with Platinum Facilities and Greater Anglia to secure successful certification to ISO 55001.

What is Asset Management?

Asset Management can be explained as:

“Asset Management is a systematic process of planning, operating, maintaining, upgrading and replacing assets cost-effectively with minimum risk and at the expected levels of service, over the assets’ life cycle”

Key aspects of Asset Management are as follows:

• Leadership & Accountability: Management are responsible for the overall governance of assets and the management system.
• Planning: Determination of asset requirements, based on an assessment of both service delivery needs and the capability of the existing asset base to meet these needs.
• Acquisition: Procurement of assets to meet an identified service need, including the assessment of procurement options.
• Operation and maintenance: Management and use of an asset to deliver services including monitoring of assets, asset valuation, utilization and functionality, and information management.
• Disposal: Treatment of an asset that has either reached the end of its useful life, is considered surplus, or is underperforming.

What is ISO 55001?

The new ISO 55001 standard was published in 2014, it is the first standard to implement the new ISO Annex SL framework making it easy to integrate into your existing standards.

ISO 55001 provides an organisation with a framework to proactively manage the life cycle of assets from the planning stage through to deployment and disposal/renewal.

The system enables an organisation to manage the costs and risks associated with owning assets, particularly those critical for service delivery to your customers.

The system is structured and efficient, enabling you to reduce costs, avoid a reduction in service levels through maintenance cycles and promotes continual improvement.

Both Platinum Facilities and Greater Anglia have shown a commitment to best practise for asset management and aim to only improve this as time goes on.

Do you need assistance with ISO 55001? We can help, simply contact us on: enquiries@blackmoresuk.com