March 8, 2017

NEWS ADVISORY–ABS Quality Evaluations (ABS QE) has secured a leading position in the Americas providing asset management systems certification based on the Asset Management Standard ISO 55001:2014. This standard is attracting the attention of companies working in the energy, water, oil and gas, mining and transportation sectors who are seeking ways to more effectively manage their assets efficiently, as well as improve their business performance.

The first certification body accredited by ANSI-ASQ National Accreditation Board (ANAB) to certify organizations to ISO 55001:2014, ABS QE has invested in developing a robust global audit team to help clients enhance their management systems with the goal of building more effective asset management strategies.

A large client certified by ABS QE in Brazil and Chile is AES Corporation, which has four of its affiliated companies certified to ISO 55001:2014 by ABS QE. According to AES Tietê President Director Ítalo Freitas, the application of the asset management system at AES Tietê required an initial assimilation and leadership from the operational team. “The benefits of asset management from AES Tietê are linked to improvement in operations through cost reduction and enhanced efficiency,” Freitas said. “The company has reduced forced stops of generating units by about 75%, has reduced insurance costs by 14% and saved approximately 7.2 million BRL in 2013.”

Complying with an effective asset management policy and strategy will enable asset owners to improve operational decision-making and maximize overall performance objectives.

Source credit: http://www.abs-group.com/News-and-Events/News/ABS-QE-Provides-ISO-55001-Certifications-Accredited-by-ANAB-in-the-Americas/

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