Asset Excellence Consultancy

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Developing and Implementing an Asset Management Strategy

Challenge: As a retail company in oil and gas, OOMCO has a huge number of retail and commercial locations for fuel supply. Up until 2014, the company had no strategy for asset management. This complicated tracking and tracing, and hampered the redeployment and retirement of assets on the basis of accurate operational and financial information.

Relation: Oman Oil Marketing Company (OOMC)
October 2014 – December 2015
Developing and Implementing an Asset Management Strategy

To enable asset management, we developed an asset management strategy, both financial and operational. Three teams of OOMCO representatives traveled throughout Oman to inventory assets in 165 stores and approximately 300 commercial locations. Based on their findings, we designed, built and filled a database with financial and operational information. Subsequently, we anchored the strategy in the organisation.

Depreciation profit and a financial result of 400,000 OMR created low-hanging fruit. In addition, new retail and commercial projects generated higher profits due to process improvement and more effective asset purchases. Ultimately, a more accurate depreciation schedule has been developed to generate a better financial register.


Strategic shifts

Through a series of steps we designed a 3-layered program, corresponding with 3 types of competencies that were needed for executing the strategy.

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Competence Development
with Future Connections

We implemented our methodology to determine future roles in the organisation and defined the competencies that were required for these roles.

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Consultancy and Development at KIZAD and Abu Dhabi Ports

We identified the roles and competencies required for the commercial strategy of both organizations.

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Asset Excellence Consultancy

To enable asset management, we developed an asset management strategy, both financial and operational.

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How can it work for my
company and people?

We believe, that an organization is organic. It should develop through (anticipated) changes in its markets, customers and environment. The aim of this development is always improvement. Improvement by people.

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What people say about us

“Arvid helped us to redefine our commercial strategy. His business wisdom, his energy and sense of humor made it wonderful to work with him and led to clear decisions, executable plans and 50% growth.”


CEO, Intelligent Automation

“We always look forward to having him around as our organization becomes a little brighter when he is around…”


Learning & Development, Maritime

“Our learning and development has improved greatly because of their inspiration and energetic sessions.”


HR Manager, Telco

“Extraordinarily engaged and committed people.”


HR manager, Education

“A very effective, no-nonsense approach to our strategy and implementation through their Pull Principle…”


Director, Cultural Organization

“Their consultants are different from the ones I have worked with in other firms; Q management doesn’t stop till the job is done and the results achieved.”


SCM manager, Oil & Gas