Asset management

ARUP

Asset management includes strategic asset management, capability mapping and digital asset management.

With the world economy facing continuous regulatory change, supply chain challenges, the need for climate adaptation, and rapidly changing customer behaviours, we offer valuable insights and partnership, helping organisations to navigate change. Our asset management specialists help to develop strategies that lead to sound management, higher returns and greater flexibility from the assets an organisation depends on.

For our transport clients (across rail, highways and aviation) our work focuses on the intimate connection between asset performance, service excellence and commercial returns. In property, we work with clients to improve their sustainability performance, through retrofit and refurbishment of existing buildings and assets. In defence, we help the sector to optimise how it works with its assets. In the nuclear industry, our asset management work prioritises asset life extension and what gets done, when. In infrastructure, our work aims to build organisation-wide understanding of assets’ strengths, vulnerabilities, maintenance requirements and overall importance. We believe asset owners should gain a conscious understanding of the pivotal role their assets play – for investors, operators, users and the wider community.

Our approach is based upon sound business evaluation, deep sectoral and industry knowledge, before bringing together people, technology and systems to produce effective long term asset strategies.

Vision and strategy

Asset management and performance sits at the heart of many businesses’ success, playing a dynamic and evolving role in the services and products they offer or produce.

We work with clients to articulate their vision and develop their corporate and business resilience strategies. We then help them to set a policy and strategic asset management plan for applying asset management principles to achieve their objectives of delivering cost effective services and optimised performance.

Assurance and diagnostics

Identifying existing assets’ existing status is a vital initial step before improvements can be made.

We review a client organisation or process against a set of specific requirements or maturity assessments (such as the Institute of Asset Management endorsed gap analysis, or our organisational circular maturity assessment tool) to develop an improvement roadmap or indicate readiness for relevant certification.

Value-driven investment planning

Every business approaches investment with caution and thoughtfulness – how to get the best return from assets’ performance and endurance is always a strategic question.

We help clients articulate asset performance and service requirements and produce forward plans that embrace whole life, systems thinking and circular economy techniques, optimise risk, cost and performance to deliver a safe and reliable customer service. Our solutions are enabled by cutting edge technology.

Asset operational excellence

When organisations commit to achieving operational excellence – real, enduring, culture-driven improvement at every level – it takes a multi-faceted approach to realise on the ground.

We help clients to develop and implement tailored risk management and governance frameworks to enable them in managing their day-to-day risks, adopt lean principles, reduce carbon and facilitate robust reliability-centred and risk-based decision-making.

Digital asset management

Data has an ever-increasingly valuable and capable role to play in asset management.

We support clients’ effective decision making by developing and embedding digital and information strategies, capturing data and systems requirements that specify business needs, and embracing the best use of technology for addressing information management across its complete lifecycle.

Our approach is twofold. Firstly we help clients to bring their assets under digital control, enabling a portfolio level of management, predictive maintenance and greater operational efficiency for decision makers. Second, we develop tools suited to specific industry asset use cases.

Capability transformation

Our goal is always to ensure that clients gain new insight and expertise as a result of our work together.

We provide advice and deliver solutions that transform the performance and capability of our clients. We enable effective knowledge transfer as an asset management partner. We also provide a range of bespoke asset management training courses and upskilling suitable for all levels of an organisation.

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ARUP