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Leading edge solutions, training and support for asset investment planning, maintenance optimization, aging/obsolete asset renewals, spares/inventory strategies and other Asset Management decisions
Using a dynamic workshop approach and real-time ‘what if?’ analytics we can help you to evaluate options, quantify implications (including the ‘intangibles’), explore scenarios and determine the optimal strategy using any available mix of data, expert knowledge and uncertain assumptions.
Discover the best value options, and demonstrate why they represent best value
Justify expenditures, actions and their optimal timings
priorities, uncertainties and complex interdependencies
Identify and prove big cost, risk, performance and sustainability benefits
Contact us to arrange a free live demonstration and find out how we can apply these methods to your organisation
The SALVO Process is a well-proven and flexible method for determining what is worth doing, why and when in asset management…
…It ensures that you are focusing on the most important and urgent problems/opportunities. It guides you in the identification of potential solutions and provides quantified rigour, tools and ‘what if?’ analysis to evaluate the options and their optimal timings. Finally it helps you to combine multiple competing priorities and opportunities into a fully transparent and optimized total portfolio and delivery programme (of investment projects, inspections, maintenance, asset renewals, procurements etc). It bridges the gaps between the asset technical needs and the financial implications, risks, constraints and performance outcomes.
SALVO is a fully developed, highly adaptive framework for asset management decision-making. It includes the processes, governance, decision support tools and a multi-layered competency development programme. Proven in many industries around the world, and always yielding multi-million $$ benefits, SALVO brings together advanced analytics, business discipline, common sense pragmatism and the vital human factors (such as cross-disciplinary collaboration, culture, consensus-building and psychology).
We can train, facilitate, license, customise and implement SALVO within your organisation, and/or provide it as an analysis and optimization service with our expert facilitators. We also provide train-the-trainer services, and options for consultants to develop their own facilitator skills.
The modular DST Asset Strategy Evaluator™ suite of tools supports over
40 areas of better decision-making in asset management…
…the modules can be used individually, or in combination, to evaluate what is worth doing, why, and when, in managing any type of physical asset in any type of organization. They provide process guidance and rapid ‘what if?’ cost/risk/performance evaluation of options, scenarios, uncertainties and competing priorities.
How do I determine and demonstrate which asset replacements are worthwhile, how soon, with what cost, risk, performance and sustainability implications?
The xxxx system is shut down; what projects/inspections/maintenance should we do while we have the access opportunity?
Our capital investment plan needs to be reprioritised; how can I do this rapidly, and minimise the cost/risk consequences with so much uncertainty?
Life cycle cost/risk/performance evaluation of asset choices, optimal timing for asset replacement, evaluation of life extension options, obsolescence and decommissioning decisions
Evaluation and optimization of spares and materials inventory decisions, supply chain and purchasing strategies, operational standby and redundancy options
Cost/benefit/risk evaluation and optimal timing/intervals for preventive, planned and corrective maintenance, performance improvements and asset life extension activities.
Optimization of work bundling, shutdown strategies and opportunities alignment for projects, maintenance, inspections and other tasks, evaluation of resources and other constraints.
Cost/benefit/risk evaluation and ranking of one-off projects, asset modification and changes in procedures, competencies, standards, resourcing or risk management options.
Cost/benefit/risk evaluation and optimal timing/intervals for inspection, condition assessments, monitoring & predictive maintenance tasks and functional testing activities
Optimization of total
(Capex & Opex) portfolios & programs: delivering multiple competitive objectives within multiple constraints.
The Woodhouse Partnership is probably the most experienced company worldwide in the development of Asset Management Excellence in different cultures and contexts.
We are the most established and experienced worldwide provider of Asset Management education and training. Discover how we can help you and your organization on every step of the journey.
For over 25 years we have been trusted advisors across hundreds of sites around the world covering a wide range of industry sectors and subjects. Explore our work here.
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With 30 years’ experience in utilities, oil & gas, transport and other sectors, John is one of the most widely known experts in integrated asset management projects for some of the largest companies in the world.
John is a Founder and Life Fellow of the IAM; he has written 4 books, chaired the development of BSI PAS55 and represents the UK on the ISO55000 committee.
He also led the international MACRO and SALVO collaboration projects in optimised asset management decision-making.