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Pragma secures yet another Asset Management Service contract in the Eastern Cape

Global physical asset management company, Pragma, secured yet another contract in the automotive industry in the Eastern Cape. Their client, a luxury vehicle producer, awarded Pragma a project extension based on the excellent work that was done during the initial project. They were tasked to assist the client in achieving certain targets with their asset investment plan.

Says Nelson Broden: Regional Manager Coastal of Pragma: “We’re absolutely thrilled to be reappointed for a period of two years. Much of the credit must go to Jacques Neveling, who helped coordinate the initial projects to ensure that our client achieved its targets set out for the year. Neveling was supported by Trevor Mare, Tertius Janse van Rensburg and Brendan Hayward.”

The first year of the project included the planning and co-ordination of the client’s investment projects at their plant to ensure projects were completed on time and within the allocated budget. “The rest of the 3 year plan will now be rolled out. This will ensure that all capital and investment funds are allocated in every financial period and spent on the correct projects, within budget,” Broden adds.

Pragma’s footprint in the automotive sector also includes manufacturers that provide parts and trimmings to vehicle manufacturers and car owners. They further provide integrated physical asset management solutions to municipalities, the dairy industry, fast moving consumer goods and heavy manufacturing clients in the region.

Broden continues: “The solutions that we offer are purely based on the needs and requirements of our clients. No two clients are the same as each one’s organisatio-nal goals differ and will therefore have a different demand on their assets to deliver on that organisational purpose.

“To establish the exact needs of a client we kick off with an Asset Management Improvement Planning evaluation. To ensure that we get a holistic view of the organisation, the evaluation includes interviews with employees from different departments, questionnaires to the executive team and a walk through the plant where the condition of assets, procedures and the general operation of assets are analysed. The results of the evaluation are uploaded to Assessor, Pragma’s analysis tool. Assessor then provides a comprehensive analysis of the client’s asset management maturity based on ISO 55000, Pragma’s 17 key performance areas as well as industry benchmark best practices,” he says.

From these results the client is then assisted to develop an asset management strategy and policy in support of the organisation’s overall strategy. A scorecard and master plan is put in place to ensure that the strategy is executed and all activities are measured.

“Our engagement with clients revolves around a clearly defined partnership agreement. A client knows exactly what they can expect and have the assurance that deliverables will be timeous and of a very high standard. My team is focused on delivering value and ensuring that our clients’ can be at peace that their assets are well taken care of whilst they focus on their core business,” concludes Broden.

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