ISO 55001

What is ISO 55001 and who does it help?

ISO 55001 is the international standard for asset management systems. It is designed to give you a standardised and repeatable framework to monitor and maintain assets. An ineffective or non-existent asset management system can cost businesses millions of dollars per year, as assets are lost, underutilised, break or get damaged. Improving asset management system processes can reduce such unnecessary expenses and boost your bottom line.

Asset management systems are valuable to any organisation that owns or manages assets, although it can be especially useful in industries such as:

• Manufacturing
• Logistics and distribution
• Oil and gas
• Utilities
• Facilities and property management
• Construction

Why is ISO 55001 beneficial to your organisation?

By managing the associated risks and costs of asset ownership, ISO 55001 aims to optimise the availability and profitability of your assets throughout their lifecycle.
Asset management system strategies can have a positive influence on operations, design, staff performance and equipment productivity and lifecycle costs. Ultimately, ISO 55001 aims to realise the value from every asset.

Benefits of ISO 55001 certification include:

• Reduce costs and unlock asset value
  Establish a lifecycle asset management system that helps you to make well-informed decisions.
• Gain a competitive advantage
  Improve customer satisfaction through more effective asset management systems and service delivery
• Increase business transparency
  Create a comprehensive audit trail for what is done, when and why.
• Support business growth
  Align initiatives, processes, resources and functional contributions.

THIRD PARTY ISO 55001 CERTIFICATION WITH TÜV SÜD

With decades of experience helping organisations improve management practices, TÜV SÜD has the knowledge and expertise to support your organisation on its journey to ISO 55001 certification. Our dedicated team of global auditors have been conducting ISO 55001 audits since the standard was introduced in 2014 and we understand exactly how to assess your organisation and provide comprehensive reports you can use to identify gaps and get certified.

TÜV SÜD’s auditors conduct assessments with the highest degree of professionalism and conformance to international guidelines and standards. All of our auditors are required to follow a strict code of conduct through Auditor Codex, which assures you of our complete independence and impartiality.

Once your assessment and certification are complete, you can display the TÜV SÜD certification mark on your website, brochures and communications material to show that you have been audited by a trusted third party. The TÜV SÜD certification mark is widely recognised and respected as a symbol of quality, safety and sustainability around the world.