ISO 55001:2014 - Asset Management Systems
From establishing comprehensive asset management frameworks to overcoming data management complexities, organizations strive to optimize asset performance, minimize risks, and ensure effective lifecycle management of their valuable assets. ISO 55001 help organizations with their asset management system.
What is ISO 55001 Asset Management System?
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ISO 55001 is the international standard for asset management which aims to help organizations manage the lifecycle of their assets (physical and non-physical) more effectively and optimize their value. With ISO 55001, organizations will have better control over their activities, achieve a higher return on investment with their assets, and reduce their risks and costs while delivering added value to the business.
ISO 55001 is applicable to all organizations, but it is particularly beneficial for capital-intensive organizations such as:
Manufacturing
Logistics and distribution
Oil and gas
Utilities
Facilities and property management
Construction and Transportation
Benefits of ISO 55001 Certification
With effective management of assets, organizations can reduce the associated risks and costs and optimize the profitability of their assets throughout their lifecycle. ISO 55001 is beneficial to organizations as it not only aims to allow organizations to realize the value of every asset, but also:
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Allow organizations to align asset management objectives with organizational objectives,
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Allow organizations to reduce costs and increase their asset value by making informed decisions,
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Provide assurance to stakeholders and enhance the organization’s reputation due to transparency on asset management procedures,
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Enable the organization to grow with a company-wide asset management policy – aligned resources and processes.
Our Expertise
Why get certified with SOCOTEC Certification Singapore?
Certification to ISO 55001 by SOCOTEC Certification Singapore demonstrates that you are committed to providing value-added business at minimized asset ownership costs.
SOCOTEC Certification Singapore is an accredited certification body for ISO 55001.
We have certified some large corporations in the transportation and utility sectors and are ready to support your certification journey.
Certification to ISO 55001 by SOCOTEC Certification Singapore demonstrates that you are committed to providing value-added business at minimized asset ownership costs.
SOCOTEC Certification Singapore is an accredited certification body for ISO 55001.
We have certified some large corporations in the transportation and utility sectors and are ready to support your certification journey.
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