Asset Management Advisory

Reliability gaps rarely live in just one place. Neither does our advice.

COSOL brings decades of asset management experience across people, process, data, and technology - and stays accountable until improvement is in the numbers, not just the report.

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Advisory Team
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We Do Not Hand Over a Report and Leave

A report on a shelf has never improved reliability or freed up capital tied up in inventory. COSOL assesses what is actually happening, identifies what is costing you most, and can co-deliver the improvement work alongside your team.

Beside Your Team, Not Above It

Our advisors are engineers and operators with decades of hands-on experience across mining, utilities, transport, and infrastructure. Judgement built on the ground is what separates advice that holds from advice that looks good in a presentation.

Built to Transfer Capability

Every engagement is designed so your team owns the result. We apply our own purpose-built IP tools to structure the work, close the gaps faster, and build standards your team can maintain independently. Improvement becomes repeatable and reliability holds when people move on.

Accountable for Outcomes

COSOL measures its performance against what your operation achieves. What happens next is your choice. You can deliver internally, or COSOL stays involved to execute - drawing on our own capability across data, systems, master data, operations readiness, and intelligence, and more. Most clients do a bit of both.

Five Advisory Solutions. Built for the Pressures Asset Management Leaders Actually Face.

Each solution can be engaged individually or as part of a broader program, scoped around your priorities, budget cycle, and internal capacity.

1. Asset Management Maturity Uplift

“Too many teams are working hard without getting the results their operation demands - and without a clear, agreed view of why.”
- Team COSOL

COSOL's Maturity Uplift is the starting point most operations should take before committing improvement budget anywhere else. It gives asset-intensive organisations a scored, evidence-based view of where they stand across people, process, data, and systems - and a prioritised roadmap to close the gaps that are costing them most.

The program covers four capability areas:

  • Asset Management Assessment and Improvement Plans - 21 competency areas evaluated, producing a phased 0-24 month roadmap with a value case tied to production, uptime, and cost (Watch our Webinar!)
  • Master Data Diagnostic - data quality assessed across the processes where gaps are creating the most operational impact, with a prioritised remediation plan
  • AM Standards and Frameworks - the governance structures your operation needs to make improvement repeatable and sustainable
  • Master Data Strategy and Standards - strategy and standards designed from the ground up for organisations without established data governance

Relevant for:
Maintenance Managers, Engineering Managers, and Site GMs where reactive work is rising, improvement initiatives keep stalling, or leadership cannot agree on what to fix first.

Customer Story

A large Gold Miner had identified opportunities to improve maintenance and asset management but lacked the capacity to drive the detailed strategic work. COSOL delivered a three-phase roadmap aligned across departments and began co-delivery of the improvement initiatives. The program is set to deliver multiple times return on investment in the first year.

fleet of asset-intensive mobile equipment on a mine site

2. Asset Investment Confidence

“Every dollar committed to buying, maintaining, or replacing assets either earns its return or erodes it. The difference is whether the decision behind it was driven by strategy or habit.”
- Team COSOL

COSOL builds the evidence base your leadership team needs to invest with confidence - whether the challenge is a fleet approaching end of life, a capital portfolio needing rationalisation, or a major project requiring rigorous feasibility analysis.

What COSOL Advisory Team delivers:

Relevant for:
Asset Managers, Engineering Managers, and Finance leaders facing major capital decisions or growing pressure to justify spend with a business case that holds up under scrutiny.

Customer Story

One of Australia's largest Iron Ore Mining company engaged COSOL to assess the feasibility of lightweight trays to increase haul truck payload capacity. The result was a 5.9% payload increase - equivalent to an additional 71 million tonnes of fleet capacity over ten years.

3. Business-Aligned Maintenance Strategy

“A maintenance strategy built for last year's budget and last year's risk profile is already costing you. As conditions shift, strategies that do not adapt become a source of both waste and risk.”
- Team COSOL

COSOL develops and adapts maintenance strategies that reflect what the business actually needs right now - not what the OEM recommended at commissioning, or what has always been done.

What COSOL Advisory delivers:

  • Maintenance strategy development
  • Tactics development and review
  • Shutdown strategy
  • Labour optimisation

Relevant for:
Maintenance Managers and Operations leaders where strategy has not been reviewed in years, shutdown costs are escalating, or planned work is consistently displaced by reactive work.

Customer Story

A large iron ore mining company required improved accuracy in the planned maintenance budget for Heavy Mobile Equipment. COSOL analysed SAP master data gaps and historical budget overspend, then created PM02 task lists to close the gap between budgeted and expected spend. The result was savings of over $30 million.

4. Working Capital Improvement

“Inventory is one of the most significant sources of trapped capital in any asset-intensive operation. Spare parts that have not moved in years. Critical spares duplicated across sites. Contracts written for an operating environment that no longer exists.”
- Team COSOL

Reducing inventory capital does not have to put reliability at risk. Done with the right analytical rigour, working capital improvement strengthens both financial and operational performance at the same time.

What COSOL delivers:

  • Inventory optimisation - rationalising holdings that do not reflect actual asset risk while protecting genuinely critical spares
  • Critical spares assessments - a failure-mode-driven review of what is truly critical versus what can be sourced on demand
  • Commercial contracts review - identifying where renegotiation creates measurable value

Relevant for:
Maintenance Managers, Supply Chain Managers, and Finance leaders carrying significant inventory value with limited confidence in whether holdings match what assets actually need.

Customer Story

A gold mine based in Africa, had hydraulic excavators that were constraining total site production. COSOL's critical spares planning directly addressed the component lead time issues extending downtime - improving equipment availability and closing the supply chain exposure limiting production capacity.

5. Asset Management Process Optimisation

“Ineffective processes do not always look like failure. They look like people working hard to compensate for a process that does not quite work — chasing approvals, correcting data, running workarounds so embedded nobody remembers there was supposed to be a better way.”
- Team COSOL

COSOL identifies the process gaps costing your operation most, redesigns work execution around what the business needs, and builds the documentation and governance to make the improvement stick.

What COSOL delivers:

All process optimisation work is underpinned by COSOL's Work Stream Manager Platform.

Relevant for:
Operations Managers and Process Owners where critical processes run inconsistently across sites or shifts, or a major system transition is creating the opportunity to redesign processes before the investment is made.

Why Asset Management Leaders Choose COSOL for AMaaS

Results You Can Put in Front of a CFO

$30 million in savings from SAP task list development. A 5.9% payload increase equivalent to 71 million additional tonnes of fleet capacity over a decade. $3.4 million saved from extending the life of stacker bogies. Documented results from real operations facing the same pressures yours faces today.

A Partner Who Stays in the Room

COSOL does not consider an engagement complete when the report is presented. Our advisors (you can see a few of them below) work beside your team through execution - tracking progress, adapting as conditions change, and remaining reliable and accountable until the results are in the numbers.

Operators, Not Theorists

Our advisors have managed the systems, run the sites, and solved the failures themselves - across mining, utilities, transport, infrastructure, and defence, in Australia, Asia, Africa, North America, and beyond.
25+
Years delivering asset management advisory across mining, utilities, transport, infrastructure, defence and govenrment
5
Core Advisory solutions covering strategy, maintenance, maturity, working capital, and process

21

Competency areas assessed in our proprietary Asset Management Maturity Assessment

4

Continents where COSOL advisors have delivered on-the-ground engagements

The People Behind the Advice

COSOL's advisory team are specialists who have spent decades working inside the operations they now help to improve. They are not generalists. They are engineers, operators, and asset management practitioners - with the field experience to know what works and the honesty to say what does not.
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Ben Prior

Capability Leader - Advisory

15+ years

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Michael Callioni

Manager Advisory
17+ years
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Lucas Céspedes

Capability Leader - Advisory
20+ years
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Rémi Baret

Principal Consultant - Advisory
26+ years

Is Advisory the right next step for your Operations?

The organisations that benefit most from COSOL's advisory are those where the pressure is already visible but the path forward is not clear - or not agreed.

Do any of these resonate:

Critical assets are failing more often than they should and the team is absorbing recovery costs rather than building toward prevention
Compliance and safety reporting obligations are growing and your current processes cannot produce the evidence trail your regulators expect
Capital is being committed to maintenance, replacement, or new assets without a rigorous, evidence-based strategy behind the decision
Significant capital is tied up in inventory and you are not confident that what you hold matches what your assets actually need
Critical processes run differently across shifts, sites, or business units and improvement depends on who is in the room that week
You can see the potential of AI and better analytics but your data is not in a state where it can be trusted as the foundation
Your leadership team cannot agree on what to fix first - and that disagreement is costing improvement momentum every budget cycle

Trusted By Asset-Centric Organisations Across APAC and the Americas

Hancock Iron Ore logo
Barrick logo
First Quantum Minerals logo
Anglo American logo
Regis Resources logo
CS Energy logo
Shark Bay Salt logo
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Bellevue Gold logo
Newmont logo
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Industries Served

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Not Sure Where to Start?

Most organisations arrive at this page knowing something is not performing as it should - but without a clear view of whether the issue is strategy, process, data, or maintenance tactics.

A short scoping conversation with COSOL's advisory team costs nothing, takes less than an hour, and gives you a direct, honest view of where to begin.

Book a Scoping Conversation

Frequently Asked Questions

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Advisory Team

The Cost of the Current State is already accumulating

Talk to COSOL's advisory team and get a direct, honest view of where the gaps are, and what a practical starting point looks like for your operation.
Talk to our
Advisory Team
25+
Years of Asset Management Delivery
Trusted Across Mining, Utilities, Transport, and Infrastructure
Advisory Engagements Delivered Across APAC, Africa, and the Americas
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Insights

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COSOL Webinar:
The Hidden Costs of Good Enough Asset Management

Watch Now
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Payload Increase Of 5.9% With Lightweight Tray Upgrade
Read Case Study
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12.5% Cost Reduction With New HME Fleet Strategy
Read Case Study