ASSET
MANAGEMENT
About SMEC
SMEC is a professional services
firm with a global footprint that
provides high-quality consultancy
services on major infrastructure
projects.
With over 5,300 employees and
an established network of more
than 75 offices in Australia, Asia,
the Middle East, Africa and
North and South America, SMEC
is strategically positioned to
operate globally.
SMEC provides high-quality ‘whole of life’ consultancy services on major infrastructure projects across a broad range of industry sectors including:
• Transport
• Water & Environment
• Urban & Social Devleopment
• Hydropower & Energy
• Resources
• Industrial & Manufacturing
With a results driven culture, SMEC’s dedicated Asset Management function delivers exceptional results to provide tangible returns on investment through sustainable asset management solutions.
SMEC provides advice, leadership and technical
on-site skills to develop and implement sustainable
improvement and tangible business outcomes.
SMEC utilises its significant
knowledge, skills and experience
to simplify the change process
required to improve Asset
Management practices.
SMEC’s consultants are Asset Management professionals with an average of over 20 years’ industry experience SMEC’s proactive approach in the development, execution and maintenance of client relationships is undertaken by the Asset Management team. Significant success has been founded on this approach to
implement effective and sustainable change management programs.
SMEC provides tangible business outcomes to:
• Coach people to achieve sustainable improvements.
• Deliver an overall framework that responds to a changing operational environment and provide long term sustainability.
• Automate routine work and utilise staff to focus on high-end analysis and minimise on-the-job errors.
• Implement best practice business process/work-flow approach. Instil a positive work environment and provide effective self support capability.
• Deliver a solution that proactively sustains and encourages ongoing operational improvement and enables the best use of employees.
SMEC applies tools and processes within the framework of an Asset
Management model to maximise the value to clients.
SMEC’s holistic and systematic model is based on the interaction of people, processes and technology to lead organisations to asset improvements, while incorporating safety, reliability and quality as key elements for
increasing value.
Maintenance
Maintenance refers to the definition, implementation, support and optimisation of all the business processes and business systems. These are required to create and sustain highly effective maintenance organisations. Typical activities related to this work stream are:
• Review of the definition and implementation of Work Management processes to include daily, weekly and long term planning and scheduling
• Review and update Shutdown Management policy and practices
• Improve Project Management practices for key activities
• Align and support the related Maintenance modules on ERP and Business Systems implementations from planning through to go live and post go live support
• Define the standards to align, transform and create Master Data
• Define and implement processes that ensure a win–win relationship with Contractors
• Visualise and facilitate the integration of the maintenance organisation with other key functions for Asset Management such as: Supply Chain, Operations, Information Technology, Human Resources, etc.
• Identify and implement KPIs that improve reporting of the the performance of people and equipment towards the achievement of business objectives.
Supply Chain
The SMEC approach focuses on ensuring that the Supply Chain function delivers the right part, at the right location, at the right time for the right cost. This ensures the Maintenance function delivers assets required to meet the operational business demands. This is achieved through mapping and optimising related Supply Chain business processes and technologies.
Typical engagements with our clients include one or several of the following activities:
• Review of the definition and implementation maturity of Supply Chain processes to include:
- Procurement Management
- Materials Management
- Inventory Management
- Warehouse Management
• Support the related Supply Chain modules on ERP and Business Systems implementations from planning to go live and post go live support
• Master Data Management and governance, integration and KPI Implementation, focused on Supply Chain.
Core Services
Reliability
Reliability typically represents the backbone of any successful Asset Management initiative. This is why SMEC considers it a fundamental area of support for clients. Reliability and its related processes and methodologies facilitate a strategic view of assets from ‘cradle to grave’. Most initiatives include the following aspects of Reliability:
• Definition and implementation of holistic and systematic Reliability Programs, customised to their specific operational context (fit for purpose)
• Definition, facilitation and implementation of Reliability methodologies:
- Criticality Analysis
- Root Cause Analysis (RCA)
- Reliability Centered Maintenance (RCM)
- Failure Modes Effects and Criticality Analysis (FMECA)
- Risk Based inspections (RBI)
- Zero Based Budgeting (ZBB)
• Review and optimisation of equipment strategies based on risk, criticality and operational contexts
• Reliability processes and equipment condition assessments
• Review of equipment selection and process
capabilities in terms of expected Reliability, Availability and Maintainability (RAM Modelling) from early conceptual design through to operational phase
Strategy Development
This work stream focuses on the definition of high level strategies linking organisational asset management policies to specific organisational design, processes, people and technology aligned to achieve business objectives.
Our strategy engagements often take into consideration the creation of one or more of the following strategies:
• Asset Management
• Asset Maintenance
• Supply Chain
The typical tasks related to these strategies are:
• Definition of Vision, Mission, Strategic and Operational objectives
• Identification of the Strategy pillars (core processes) that align with corporate policies and strategy
• High level definition of business processes related to each one of the strategic pillars aligned with long term business objectives
• Definition and execution of an implementation plan for the related strategies.
Core Services
SMEC’s operations network spans throughout Australia, Asia, the
Middle East, Africa and North and South America.
SMEC provides consultancy services for the life cycle of a project, to a broad range of sectors including:
• Transport
• Urban and Social Developement
• Water and Environment
• Hydropower and Energy
• Resources
SMEC’s consultancy services include:
• Asset Management solutions
• Pre-feasibility and feasibility studies
• Field investigations
• Laboratory testing
• Computer modelling
• Detailed design
• Tender and contract management
• Construction supervision
• Quality assurance
• Commissioning
• Operation and maintenance
• Training
• Project management.
