DP World to transform asset management practices across its global operations
DP World has launched the industry’s largest asset management programme, covering it s entire global operations, said in the company's press release. The new Asset Management Framework brings together all assets under one system, from quay and yard cranes, terminal yards, and berth equipment, to energy supply outlets and plant machinery.
The programme means assets are ma naged across the full portfolio rather than terminal by terminal. This helps to improve efficien c y, for example putting in place a maintenance programme that minimises disruption to customer service, or ensuring the right equipment is deployed to meet cus tomers’ needs in the right place at the right time. DP World has awarded a contract to eAsset Management (eAssetM) to support the implementation of asset management practices globally and to create an Asset Management Centre of Excellence.
The move fol lows a year - long pilot study into the value and performance of asset management approaches in the company. The programme is consistent with the international standard ISO55001.
Mohammed Sharaf, Group CEO, DP World , said: “This comprehensive programme wi ll roll out over three years and will establish a consistent and co - ordinated approach to manage our substantial assets across our global portfolio . By ensuring that our assets are used to their absolute optimal level, we improve efficiency and reduce cost s, and we can be sure that we are providing top quality customer service from those assets.”
Rhys Davies, President of eAsset Management , commented: “We are looking forward to bringing our experience of working with similar global customers to help DP Wo rld. Our approach is to support the company to establish a formal framework to manage its assets that will then enable the company to manage the programme themselves. The three year project is therefore built around developing capabilities for them to cont inue this long term programme internally.”