Top companies awarded for asset management maturity

October 31, 2012

City of Cape Town wins overall and gold award at Pragma Client Awards

A number of top South African and international companies were presented with awards for their exceptional physical asset management practices at the annual Pragma Awards function held last night (14 August 2012) at the Birchwood Conference Centre in Gauteng. The finalists were assessed for their asset management maturity against Pragma’s Asset Management Improvement Planning (AMIP) methodology.

The overall as well as gold award, which acknowledges exceptional improvement of asset management best practices and processes in a company’s operation, was presented to the City of Cape Town – Technical Support Services – Electrical Support Services.

Silver awards were given to the City of Cape Town – Technical Support Services – Fleet Management & Maintenance Services, Shell SA Marketing (Pty) Ltd – Retail, as well as AES Tietê.

In the bronze category, awards were handed to the eThekwini Municipality Electricity Unit HV Department, eThekwini Municipality Electricity Unit MV/LV Department, Meadow Feeds Pietermaritzburg, Ekurhuleni Metropolitan Municipality Energy Department, Fresenius Kabi Manufacturing SA (Pty) Ltd in Port Elizabeth and Samarco Mineração.

Says Adriaan Scheeres, CEO of Pragma: “We’re delighted with the level of entries this year. Managing operational assets to be a competitive advantage for companies is a hot topic amongst top management these days, and has been elevated by the current economic climate. In response to this challenge, Pragma launched the Pragma Physical Asset Management Awards Programme to enable enterprises to measure their current management practices against the soon to be released industry standard – the ISO 55 000. This allows companies to protect their asset base against deterioration, and ensure that assets perform optimally resulting in maximum output and service delivery. As an added benefit, we benchmark companies against each other, which gives investors and consumers confidence that the companies they deal with have a solid asset base.”

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