Asset management system
Asset management system
ISO 55001:2014 is a standard that specifies requirements for establishing, implementing, maintaining, and improving an asset management system. It can be applied to all types of assets and by all types and sizes of organizations. The main objective of ISO 55001 is to help organizations manage the lifecycle of assets more effectively. This can include: Better control over daily activities Higher return with their assets Reduced total cost of risk ISO 55001 is especially appropriate in industries that are capital intensive, have important physical assets to manage, and have high fixed costs. This can include: Services, Heavy and light manufacturing, Supply, Creation, Property management, Transportation. ISO 55001 builds upon PAS55, which has a proven track record specifically in the utilities industries
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