End-to-End Experience Drives Asset Management Solutions

COSOL sees a lot of mine sites struggling with very similar things: not having the right skill sets on site, and having messy, incomplete data.

When it comes to managing and maintaining machinery, and keeping people safe, deficiencies in skill and data pose a real risk. Human health and safety are paramount, of course, and few would want to ignore the risk of a major piece of critical plant going down for days, weeks or more.

Many of our clients are trying to streamline their businesses and hoping one person can perform multiple roles. On paper, you can make a good case for this, but the reality when it comes to asset management is that it can leave the site exposed to major issues.

The complexity and demands of planning and asset maintenance roles mean they really need to be separated to do them properly. When you’re overloading staff, it’s not long until you get issues with quality. And if the master data suffers, we all know the consequences can be huge.

COSOL’s team brings decades of end-to-end maintenance experience, starting from hands-on roles like diesel fitting before diversifying into planning, maintenance and management. Having this experience allows COSOL to connect and partner with clients in a meaningful way, understanding their challenges from an equipment, data, management and business perspective. COSOL’s focus is on making operations better, safer and more efficient.

When observing a mine site, COSOL recognises that the core business is pulling ore out of the ground - maintenance is just something that needs to happen to make that possible. Often, the skill sets and time do not exist on-site to manage asset maintenance strategically and efficiently.

By working smarter and leveraging a powerful data platform, our team of specialists can take the peak load away from clients, drastically improving the quality of their data and reducing risks.

COSOL has seen first-hand the value of quality master data in allowing end users to better plan, budget and forecast material availability, and improve execution of critical tasks. When sites and OEMs have reduced stock on hand, this becomes even more relevant for major component changes, ensuring the availability of materials and labour.

It normally does not take much convincing for people ‘on the ground’ at sites to understand the value of strategic asset management. But COSOL’s solutions are often a significant investment, which is why communicating the value and putting together a strong business case is always high on the agenda.

By partnering with clients, drawing on deep experience and utilising the skills and expertise of COSOL’s team, the company delivers innovative asset management solutions that make a real difference, both short and long term.

COSOL consultants hold a wealth of industry experience and partner with clients to build intelligent, sustainable, high-value asset management solutions.