The past two years have been a period of mixed fortunes for factory operators. While some have faced the challenges of scaling up to meet increased demand, others have needed to improve productivity in the face of rising overheads, or have developed strategies to diversify in response to difficult market conditions.
For any of these scenarios optimising the available space within the factory is essential and redundant assets that take up space without contributing to output need to be avoided.
AIS Vanguard have been a key delivery partner for many factory operators that have implemented projects to maximise space by removing redundant assets. With a national network of branches, a skilled team and a wholly-owned in-house lifting equipment, the company is able to work flexibly to remove assets with minimal disruption and offers the following advice to operators considering an asset removal project:
- Don’t be put off by the cost of removing redundant assets
For many operators, the cost of removing redundant assets is often a factor in delaying decisions; particularly if there are only one or two smaller assets that need removing. However, the financial and operational benefits of removing redundant assets will almost certainly add up to more than the cost because the assets can deliver tangible value as scrap, for redeployment or through sale. AIS Vanguard manages the whole process, ensuring the best possible value is secured for scrap or identifying potential buyers for machinery and equipment that can be sold to another operator.
- Don’t assume it needs to be a big machine for an industrial services company to remove it
While some industrial services companies will only carry out larger projects, AIS Vanguard will take on smaller lift and shift projects as well as larger asset removal and realisation programmes. Whether it’s a single piece of equipment, or an entire factory (or anything in between), it is worth getting on touch. Often, once the AIS Vanguard team carries out an initial site visit, it becomes clear that there are additional assets for removal, widening the scope of the project and the potential return for the operator.
- Take the opportunity to update your asset register
Considering which assets need to be removed also provides an opportunity to document all assets within a facility. AIS Vanguard routinely update customers’ asset registers during an asset removal project, bringing added value to the job.
- Work with an industrial services provider that can help you minimise disruption
While some of the asset removal activity may need to be carried out during planned shutdowns, AIS Vanguard works collaboratively with customers to plan their asset removal project around their business-critical operational requirements. This includes carrying out diversions to service routes, and decommissioning the asset while the factory remains live to avoid any business interruption.
- Consider redundant asset removal as part of your investment strategy
The value realised from redundant assets can be substantial, so the project not only pays for itself and delivers operational benefits, it frequently delivers a profit that can be used for capex projects too.
AIS Vanguard has wide-ranging experience in asset removal across a wide range of industrial sectors. To find out more, contact them on 01257 411111 or visit www.aisvanguard.co.uk.
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