“Infrastructure is the bedrock of opportunity and prosperity.” - Anthony Foxx.”
The Infrastra Team will guide organisations throughout the entire lifecycle of their assets. To maximise the value and efficiency of an asset—from acquisition to disposal—consultants typically focus on several key areas, as outlined below:
1. Asset Strategy Development- Asset Identification: Consulting on how to catalog and classify assets properly for both tracking and operational use. This includes physical assets like machinery, IT systems, or vehicles, and intangible assets like intellectual property.- Lifecycle Planning: Helping organisations develop a roadmap for each asset’s lifecycle—from purchase or creation to its final disposal or retirement.- Risk Management: Identifying potential risks during an asset’s lifecycle (e.g., market changes, obsolescence, regulatory risks) and creating mitigation strategies.
2. Acquisition and Procurement- Cost-Benefit Analysis: Evaluating the financial viability of acquiring certain assets. Consultants help clients understand the total cost of ownership (TCO), which includes purchase price, maintenance, operation, and disposal costs.- Optimal Procurement Models: Advising on which procurement strategies (e.g., buying, leasing, renting) are most effective for the organization, based on its long-term goals and cash flow needs.- Vendor and Supplier Management: Helping organizations manage relationships with vendors, negotiate contracts, and ensure that procurement processes align with asset management goals.
3. Operational Efficiency- Maintenance Planning: Developing plans to optimize asset utilization, improve uptime, and extend the life of critical assets. This may include predictive maintenance strategies, condition-based monitoring, or preventive maintenance.- Resource Allocation: Helping organizations allocate resources (personnel, capital) effectively to maximize asset performance.- Technology Integration: Recommending and implementing asset management software or Enterprise Resource Planning (ERP) systems that provide real-time asset tracking, predictive analytics, and reporting.
4. Cost Reduction & Efficiency Optimization- Total Cost of Ownership (TCO): Consultants will assess all the costs associated with an asset (purchase, maintenance, operation, disposal) to identify opportunities for cost savings.- Benchmarking and KPIs: Establishing key performance indicators (KPIs) to monitor asset performance and comparing the company’s asset utilization against industry standards to identify gaps.- Resource Optimization: Finding ways to reduce unnecessary spending on underperforming assets, or finding ways to optimize inventory levels to avoid overstocking or understocking.
5. Compliance and Sustainability- Regulatory Compliance: Ensuring that asset management practices adhere to industry regulations and standards, including environmental, safety, and financial reporting requirements.- Sustainability Practices: Helping organizations incorporate sustainability into their asset management, such as recycling programs, eco-friendly procurement, or reducing energy consumption.
6. Asset Disposal & End-of-Life Management- Asset Valuation: Evaluating the residual value of assets once they are no longer useful to the organization and advising on the best methods of sale, resale, or disposal.- Decommissioning & De-asserting: Creating strategies for decommissioning obsolete assets, including data destruction for IT assets or managing hazardous materials for industrial equipment. - Residual Value Optimization: Helping organizations maximize the remaining value of assets through resale, auction, or recycling.
7. Data Analytics & Reporting- Performance Tracking: Consultants will often help set up reporting tools to track asset performance, including financial aspects (e.g., depreciation), operational performance (e.g., utilization rates), and maintenance needs.- Predictive Analytics: Leveraging historical data to predict future asset needs, potential failures, or opportunities for upgrades.
8. Continuous Improvement- Benchmarking and Best Practices: Ensuring the organization stays competitive by adopting industry best practices for asset management. This can include regular assessments and audits to find areas for improvement.- Training and Development: Advising on developing internal asset management capabilities within the organization through training programs for staff.
2. Acquisition and Procurement- Cost-Benefit Analysis: Evaluating the financial viability of acquiring certain assets. Consultants help clients understand the total cost of ownership (TCO), which includes purchase price, maintenance, operation, and disposal costs.- Optimal Procurement Models: Advising on which procurement strategies (e.g., buying, leasing, renting) are most effective for the organization, based on its long-term goals and cash flow needs.- Vendor and Supplier Management: Helping organizations manage relationships with vendors, negotiate contracts, and ensure that procurement processes align with asset management goals.
3. Operational Efficiency- Maintenance Planning: Developing plans to optimize asset utilization, improve uptime, and extend the life of critical assets. This may include predictive maintenance strategies, condition-based monitoring, or preventive maintenance.- Resource Allocation: Helping organizations allocate resources (personnel, capital) effectively to maximize asset performance.- Technology Integration: Recommending and implementing asset management software or Enterprise Resource Planning (ERP) systems that provide real-time asset tracking, predictive analytics, and reporting.
4. Cost Reduction & Efficiency Optimization- Total Cost of Ownership (TCO): Consultants will assess all the costs associated with an asset (purchase, maintenance, operation, disposal) to identify opportunities for cost savings.- Benchmarking and KPIs: Establishing key performance indicators (KPIs) to monitor asset performance and comparing the company’s asset utilization against industry standards to identify gaps.- Resource Optimization: Finding ways to reduce unnecessary spending on underperforming assets, or finding ways to optimize inventory levels to avoid overstocking or understocking.
5. Compliance and Sustainability- Regulatory Compliance: Ensuring that asset management practices adhere to industry regulations and standards, including environmental, safety, and financial reporting requirements.- Sustainability Practices: Helping organizations incorporate sustainability into their asset management, such as recycling programs, eco-friendly procurement, or reducing energy consumption.
6. Asset Disposal & End-of-Life Management- Asset Valuation: Evaluating the residual value of assets once they are no longer useful to the organization and advising on the best methods of sale, resale, or disposal.- Decommissioning & De-asserting: Creating strategies for decommissioning obsolete assets, including data destruction for IT assets or managing hazardous materials for industrial equipment. - Residual Value Optimization: Helping organizations maximize the remaining value of assets through resale, auction, or recycling.
7. Data Analytics & Reporting- Performance Tracking: Consultants will often help set up reporting tools to track asset performance, including financial aspects (e.g., depreciation), operational performance (e.g., utilization rates), and maintenance needs.- Predictive Analytics: Leveraging historical data to predict future asset needs, potential failures, or opportunities for upgrades.
8. Continuous Improvement- Benchmarking and Best Practices: Ensuring the organization stays competitive by adopting industry best practices for asset management. This can include regular assessments and audits to find areas for improvement.- Training and Development: Advising on developing internal asset management capabilities within the organization through training programs for staff.