COSOL
COSOL is a global provider of asset management solutions for asset-intensive organisations that span across people, process, systems and data elements of the asset management framework to drive quantifiable business improvements.
We work collaboratively with our clients from across the natural resources, energy and water, infrastructure, government and defence industries to help them to achieve economic and sustainable improvements in their equipment maintenance, operations and supply chain.
We do this by utilising our proprietary solutions in combination with best-of-breed technologies and 20+ years industry, technical and functional expertise to provide clients with an asset management capability that is vertically integrated, technology enabled and optimised for performance.
We are an SAP Partner and have been providing SAP solutions and consulting services to our clients since 2000.
Featured Solutions
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S/4HANA Migration
With over two decades of rich industry and asset management systems experience in SAP's EAM module, COSOL has the specific expertise in navigating the safe transition between SAP ECC and SAP S/4HANA.
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Inventory Optimisation
COSOL’s experienced in inventory, supply chain and procurement management optimisation using a combination of process improvement strategies and technologies. Work with COSOL to uncover a clearer, more accurate view of your MRO inventory through IBM's MRO Inventory Optimization (IO) - a powerful analytics solution purpose built to accommodate the fluctuating demand of maintenance operations. Integrating seamlessly with SAP, access the statistical analyses, automation and optimisation algorithms you need to inform inventory decisions that will improve margins, increase service levels and minimise unplanned downtime.
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Digital Work Management
OnPlan is a proprietary software and is offered exclusively as part of the COSOL Group. Combined with our extensive asset maintenance experience, OnPlan meets the operational requirements for maintainers of complex industrial assets. This helps you execute your asset strategy efficiently and effectively while providing continuous improvements over time.
Featured Content
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The essential first step for SAP ECC to S/4HANA migration
Discover why a readiness assessment is an essential first step in any ERP implementation including SAP and transition to S/4HANA.
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Grasping the keys to MRO inventory optimisation success
Optimising MRO Inventory is often overlooked, but inefficient practices mean working capital is locked up in materials, and downtime due to stockouts is high. In this article we look at the keys to successful MRO inventory optmisation and the significant benefits it can provide asset-intensive organisations.
Multimedia Centre
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[Video] How to identify the value of optimising MRO inventory in your organisation
As asset-intensive organisations looking for ways to significantly reduce costs and unplanned downtime, optimising MRO inventory is an urgent strategy – but how do you evaluate the value and opportunity of inventory optimisation in your particular organisation.
Articles / Case Studies / Videos
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Saving costs and downtime with optimised MRO inventory
MRO inventory optimisation assessments can provide a reliable path to utilising inventory optimisation solutions to help organisations make significant savings and reduce downtimes during maintenance, operations, and repair.
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Fostering efficiency in EAMs through data improvement
Effective Enterprise Asset Management (EAM) systems depend on high-quality data, and companies like AssetOn have proven this by auditing and improving Glencore Coal’s SAP data to enhance operational efficiency, reduce costs, and ensure accurate maintenance planning across multiple sites.
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Finding the Right Solution for Asset-heavy Industries
Enterprise asset management (EAM) lives and thrives on foolproof planning and scheduling. That’s a given – but today, we live in a world where there aren’t many givens regarding outside forces affecting supply chains and operations. This is especially true for asset-heavy industries such as energy and infrastructure. Underinvesting in planning and scheduling can lead…
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Save on maintenance costs with effective warranty management
Effective warranty management is essential for asset-intensive organisations to minimise maintenance costs, as most recover less than one percent of their maintenance spending on warranty claims due to challenges like poor tracking and record-keeping, while high-performing companies can recover over four percent.
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Making inventory management sustainable with algorithms and analytics
Combining advanced algorithms and prescriptive analytics can make inventory management for organisations more sustainable by improving forecasting accuracy and identifying criticality, according to a recent COSOL blog post. An inventory management solution that provides a detailed view of an organisation’s maintenance, repair and operations (MRO) inventory, and recommendations of reorder levels for individual stock items,…
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Reduce unplanned downtime by 50% with data-driven MRO inventory optimisation
A data-driven approach to optimising maintenance, repair and operations (MRO) inventory can cut inventory costs by 40 percent, the time to analyse inventory also by 40 percent and unplanned downtime related to missing parts by 50 percent, while also increasing maintenance budget savings by 35 percent and service levels by 25 percent, according to research…
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Unlocking warranty recoveries
Explore how effective warranty management can reduce maintenance costs and enhance operational efficiency in asset-intensive sectors.
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How OnPlan is digitising work management
In this article, COSOL speaks with Stuart Burckhardt, co-founder and CEO of OnPlan Technologies (now part of the COSOL group) about how the OnPlan digital work management platform is digitising maintenance for industrial workforces and enhancing the capabilities of leading ERP systems such as SAP for asset management.
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Enhancing Data Quality: They Key to Effective Enterprise Asset Management
Maintaining high data quality within an ERP or EAM system is not a trivial task. In this article, we will delve into the significance of data quality in Enterprise Asset Management and explore strategies to ensure its integrity, consistency, and usefulness.
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How to deliver a successful SAP ECC to SAP S/4HANA migration
The migration from SAP ECC to SAP S/4HANA involves upgrading Enterprise Resource Planning (ERP) systems while simultaneously adopting a new database, so there’s more to it than simple conversions and transfers. It will be a complex data migration project – probably as complex as moving from one ERP system to another.