Asset Management

Lauren’s Asset Management team brings industry-leading experience and best practices to the important job of protecting and developing your business assets. Our multi-disciplinary team is dedicated to helping our clients reduce stress from operational issues and challenges, while setting the groundwork to grow assets through the following management best practices:

  • Increase asset availability and reliability by reducing unplanned outage and reducing planned down time durations.
  • Increase maintenance efficiencies by well-managed activities that ensure optimum ‘wrench time’ for maintenance technicians.
  • Develop lifecycle cost forecasts to guide optimal asset replacement cycles for entire organizations.
  • Increase plant reliability through asset lifecycle costing processes and OPEX forecasting analysis.
  • Elevate operational compliance to local and international regulatory requirements following international standards such as ISO 14000, ISO 9001, and ISO 55000x.

Lauren’s standard five-step strategy for a typical asset management project:

Step 1:  Kick-off presentation with the steering committee

Step 2: Data collection

Step 3:  Project preparation

Step 4:  Project execution

Step 5:  Project close-out, reporting, and transfer.

Supporting Services Bullets:

  • Lifecycle Planning and Costing Forecasts
  • Process Audit
  • Safety Audit
  • Risk Analysis
  • Maintenance Strategy
  • Operational Strategy
  • Inventory Management Systems