ISO 55001 - Asset Management Systems Certification – Optimizer Middle East Consulting & Training

ISO 55001 - Asset Management Systems Certification

Organizations that have adopted ISO 55001 realized huge benefits after its implementation. The standard guides businesses to control and manage the life-cycle of an asset. The life-cycle of assets goes throughout different stages such as acquisition, construction, operation, maintenance, etc., depending on the type of the asset. Hence, ISO 55001 can be applied to all sizes or businesses and all types of assets.

The standard will help towards the boost of organization’s efficiency and effectiveness of the system and most importantly reach objectives by focusing on risk and cost.

Benefits of ISO 55001 certification to your organization:

Improved performance of an asset management and control of its life-cycle
Reduced risks and costs related to assets ownership
Identifies and encourages more efficient and time saving processes
Provides and maintains business growth
Improved organizations performance
Improved quality of products and/or services
Realized long term investment opportunities
Improved communication and relation among departments
Assists towards funds to shareholders
Improves the reputation of the organization

Benefits of ISO 55001 certification to your customers:

Improved quality and services sustainability
Managed risk
Reduces costs of the organization
Increased credibility
Higher return on asset
Fewer returned products and complaints

ISO 55001 certification (also known as “registration”) is a third-party audit performed by a certification body such as PECB who, upon verification that an organization is in compliance with the requirements of ISO 55001, will issue an ISO 55001 certificate. This certification is then maintained through regularly scheduled annual surveillance audits by the registrar, with re-certification performed on a tri-annual basis.