What is ISO 55000?
ISO 55000 is the international reference standard for the optimal management of physical assets. It was published in 2014 in response to industry demand for good practice standards in the field of asset management.
ISO 55000 defines good practice in the whole life management of assets. It is applicable to any organization where physical assets are a key or a critical factor in achieving business goals. Aligning to ISO 55000 enables an organization to achieve its objectives through the effective and efficient management of its physical assets.
WHITE PAPER
ISO 55000, IIoT, and EAM: Solving the asset management puzzle
An ISO 55000 management system provides the foundation of business goals, processes, and structure that are needed to run the opera-tion and create value.
Why align with ISO 55000
and ISO 55001?
The central recommendation is that a business should establish a documented system for managing its physical assets, referred to as an asset management system.
An asset management system is a management system (like an ISO 9001 quality management system) that is used to coordinate and control asset management activities. It ensures that everyone knows who does what, and how things are done, so that tasks are performed the same way across the organization. It provides the consistent, deliberate practices that are needed to manage physical assets effectively and efficiently.
Benefits
Taking an ISO 55000 approach to asset management:
- ✓Helps an organization “turn things around” through disciplined practices, long-term planning, and effective change management.
- ✓Demonstrates to customers, owners, employees, regulators, and other stakeholders that the organization’s assets are in good hands.
- ✓Provides assurance that an organization’s objectives for its physical assets can be achieved consistently and sustainably over time.
- ✓Enhances customer satisfaction through improved performance, reputation, and control of service delivery.
- ✓Improves risk management, HSE performance, and corporate governance –while leaving a clear audit trail.
- ✓Optimizes return on investment for physical assets, capital projects, and asset management technologies (EAM, CMMS, IIoT, etc.).
- ✓Speeds up improvements in the short term while laying a solid foundation for future success.
Synergy™ for ISO 55000
To help clients align to ISO 55000 we provide Synergy™, a cloud-based ISO 55000 compliant asset management system for lifecycle asset management.
A product of 20+ years of development, Synergy contains over 300 industry-proven policies, processes, organizational charts, responsibility matrixes, data conventions, KPIs, and other key elements of asset management success.
Synergy™ delivers all the essential building blocks for successful ISO 55000 compliant asset management operations.
- ♦Meets all ISO 55000 requirements
- ♦Easily downloadable from the cloud
- ♦Fully customizable for any organization
Synergy™ is your ISO-compliant model for how asset management is performed at the facility, and across the organization.
Improve your EAM results
SwainSmith has been helping clients create value with an ISO 55000 approach to asset management for 23+ years. We have designed asset management systems for some of the world’s largest organizations in both public and private sectors.
Improve your EAM results with ISO 55000
SwainSmith has been helping clients create value with an ISO 55000 approach to asset management for 23+ years. We have designed asset management systems for some of the world’s largest organizations in both public and private sectors.
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