Asset Management

An Asset Database provides a multitude of opportunities to plan strategies; from asset replacement to targeted energy reduction, F-Gas policies, and compliance. Sometimes overlooked yet crucial elements of any Asset Database are accuracy and relevance.

In 2019, one of our clients approached WAVE for support with Asset Database Integrity, specifically related to their logistic centres. The brief was to create Asset Data capture guides for all asset types allowing Regional Facilities Managers and specialists to record the correct, required information, in a set format. An additional part of the objective was to identify any single point failure assets and highlight business continuity risks.

The work covered all asset types from Refrigeration Compressor Packs to Bakery Ovens, Lifts and Mains Incoming Panels. As we became immersed within our clients existing database, we identified opportunities to streamline the asset type and naming criteria. This also allowed improved accuracy of captured information, consolidation of asset types and the removal of assets with no data value.