Strategic asset management

Strategic asset management

Optimize the value, performance, and lifecycle of your assets

Strategic asset management is crucial for optimizing the value, performance, and lifecycle of your assets. Proactive strategic asset management enhances efficiency and performance by optimizing systems from the start and preventing issues before they disrupt operations. It leads to significant cost savings by minimizing downtime and ensuring effective resource allocation. Additionally, it mitigates risks through early identification and intervention, ensuring smoother, more reliable operations throughout the asset’s lifecycle.

 

Below, we explore key areas within strategic asset management: Asset Management Advisory & Strategy and Extended Lifetime Strategy. Together, they provide a comprehensive approach to strategic asset management. The strategic planning and advisory services set the foundation for effective asset management practices, while the extended lifetime strategies ensure these practices are sustainable over the long term.

What we deliver

Asset Management Advisory & Strategy (owner’s engineer)

Focus

This area concentrates on the comprehensive planning, implementation, and continuous improvement of asset management practices

Scope

It involves broad aspects of asset management including assessment, strategic planning, risk management, investment optimization, and performance monitoring.

Objective

The primary goal is to align the asset management practices with your organizational goals to maximize asset value and efficiency.

Activities

  • Assessment and Evaluation: Conducting thorough assessments of current asset conditions and performance and evaluating asset management practices to identify areas for improvement.
  • Strategic Planning: Developing tailored asset management strategies that align with your organizational goals and implementing best practices and standards to enhance asset performance and reliability.
  • Risk Management: Identifying potential risks associated with asset operations and maintenance, and formulating risk mitigation plans to ensure asset safety and compliance.
  • Investment Optimization: Advising on capital investments and budget allocation for asset maintenance and upgrades, ensuring optimal use of resources to achieve maximum return on investment.
  • Performance Monitoring: Establishing key performance indicators (KPIs) to track asset performance and utilizing data-driven insights to make informed decisions and improve asset management processes.

Extended Lifetime Strategy

Focus

This area is specifically targeted at extending the operational life of assets.

 

Scope

It involves specific activities related to lifecycle analysis, preventive maintenance, upgrades and retrofits, sustainability initiatives, and end-of-life management.

Objective

The main aim is to enhance the longevity and performance of assets, reducing downtime and maintenance costs.

Activities

  • Lifecycle Analysis: Conducting comprehensive lifecycle analyses to understand asset aging and wear patterns, identifying critical stages for effective interventions.
  • Preventive Maintenance: Implementing preventive maintenance programs and utilizing predictive technologies to address potential issues before they escalate and mitigate failures.
  • Upgrades and Retrofits: Planning and executing upgrades and retrofits to extend asset life and improve performance by integrating new technologies and innovations.
  • Sustainability Initiatives: Adopting sustainable practices to reduce environmental impact and promote resource efficiency, ensuring compliance with environmental regulations and standards.
  • End-of-Life Management: Developing end-of-life strategies for asset decommissioning and replacement, ensuring safe disposal and recycling of assets in line with regulatory requirements.

By adopting a strategic asset management approach, organizations can achieve improved asset performance, extended asset life, and enhanced operational efficiency. Our expert advisory services and tailored strategies ensure that your assets are managed optimally, delivering sustained value and supporting your long-term objectives.

 

Are you interested in learning more about asset management? Read more here

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SerEnergy
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Any questions?

Lars Søvndahl
Director, Asset & Compliance Management
lars.sovndahl@d-i-s.dk
+45 23 89 76 12

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