Asset Management Services

A consulting approach committed to delivering realistic, practical solutions for clients on both brownfield (re-engineering existing systems) and greenfield (developing and implementing new maintenance management systems) operations.
Asset Information Management

Asset Information Management

Development of meaningful policies, procedures and processes and the collation of accurate technical data form the basis for an effective Asset Management program.

  • Asset Register Development
  • Condition Assessment
  • CMMS Master Data Compilation and Verification
  • Vendor Manual Reviews
  • Technical Writing
Risk Management

Risk Management

All activities within an organisation involve risks that need to be managed. The risk management process aids decision making by taking account of uncertainty and the possibility of future events or circumstances (intended or unintended) and their effects on the organisation's objectives.

  • Asset Criticality Analysis
  • Asset Risk Assessment
Maintenance Management

Maintenance Management

Effective maintenance and inspection programs are put in place to ensure the reliability of the assets and assure the integrity of safety critical equipment.

  • Condition Assessments
  • Asset Management Plans
  • Integrity Assurance
  • Risk Based Inspection
  • Maintenance Strategies
Rail Infrastructure Management (RIM)

Rail Infrastructure Management (RIM)

Rail Infrastructure Management Services (RIM) are delivered to a range of private siding owners. These services provide strategies and systems to provide infrastructure which is fit-for-purpose and ensure risk is managed as per the requirements of rail safety legislation and for safe and efficient operation. It also focuses on maintenance, looks at longer-term issues and uses the latest technology to optimise life cycle costs and facilitate informed and timely decision making.

Through a logical and pragmatic approach, we formulate asset management and maintenance plans with a tailored strategy to meet your operational needs. Unbiased, independent advice from a handpicked team of experienced personnel is key to keeping rail assets in a fit-for-purpose condition at minimum cost.

Furthermore, Lycopodium’s own Maintenance Management System (LycoMMS) provides for the scheduling of all maintenance and management of defects. Used in the field by Lycopodium inspectors to certify the track and manage defects, the LycoMMS allows for better asset management by collating compliance in one system and provides a seamless assessment and validation process in real time.
Spare Parts Management

Spare Parts Management

Effective spare parts management involves determining the optimum quantity of spares to be held on site. The objective of this process is to ensure that spare parts are only held as stock items if the cost of holding the spare is less than the cost of not holding the spare (in terms of consequence). The identified spare parts are catalogued and linked to the relevant equipment. This helps to ensure that the end user can easily identify the right part for the job.

  • Spares Identification
  • Optimisation of Stock Levels
  • Bill of Materials (BoMs) Development
Performance Assessment and Improvement

Performance Assessment and Improvement

The objective of monitoring Asset Management performance is to evaluate the effectiveness of the established systems and processes, ensure that the systems and/or assets are operating as intended, identify any non-conformities and identify opportunities for improvement.

  • Root Cause Analysis
  • Maintenance Effectiveness Surveys
  • Optimisation Audits