Asset Management

Asset Management

As the automotive and transportation industries continue to be both extremely cost-conscious and forward-looking in terms of product and process innovation, asset management systems and methodologies are essential for meeting both goals. To overcome these challenges, Ricardo Strategic Consulting (RSC) has developed sophisticated strategies to manage customer-owned tooling, identify key assets, and ensure compliance with asset policies.

At RSC, we know that in the mobility and energy industries, it is vital to be able to manage assets to maximize their useful life and uptime metrics at the lowest possible cost. We have created a structured methodology to identify critical manufacturing assets. Additionally, we identify key part and assembly features through review of plant and line layouts, process sheets, bill of materials, control plans, and work instructions, including line walks. Lastly, we provide due care removal, logistics management, and redeployment of critical assets for future production.

Our experienced consultants have significant knowledge in transitioning high-volume production programs to service lifecycle requirements, utilizing alternative manufacturing locations and new suppliers. Our technical and strategic expertise informs balanced perspectives and comprehensive solutions to asset management.

The unique capabilities of our sector specialist teams include:

  • Management of the transition of programs from production to service-only, including balance-out support, supplier resourcing, and low-volume / warranty requirements
  • Identification and documentation of key tooling, gaging, capital assets, and process information requiring preservation to ensure ongoing service part supply at future suppliers with minimal disruption
  • Risk management in the movement of assets to new suppliers or manufacturing line locations
  • Ability to work with tiered suppliers to document and redeploy tooling for production