Sydney Trains says it is the first public sector organisation in Australia to gain international accreditation for its asset management system, after it received ISO 550001 certification, the international standard for Asset Management Systems.
Sydney Trains executive director for engineering and maintenance Stewart Mills said the Sydney passenger network was the country’s busiest, relying on $37 billion of assets. He said the achievement is significant and recognises the commitment Sydney Trains has made to make its network safe and efficient.
“Our customers make more than 1.3 million journeys each weekday and rely on us to get them to their destination safely and on time,” Mills said this week.
“This means we need to make sure our assets such as our trains, tracks and our stations are managed efficiently. Meeting the international requirements under the ISO 55001 framework reassures our customers and stakeholders that we have what it takes to deliver a world-class service.”
Mills said the accreditation is a result of a number of steps taken over the past three years.
“Following a self-assessment in 2014, we identified a number of methods we could implement to improve our asset management system, including a new framework and policy,” he said. “We also delivered new requirements and procedures, and changed our processes to better manage asset and their life cycle, which have all contributed significantly to today’s achievement.”
Sydney Trains’ assets include more than 1,650 kilometres of track, 1,500 kilometres of overheard wiring, and 308 train stations. With a workforce of more than 10,000 employees, it is also the biggest organisation in Australia and New Zealand to achieve ISO 55001 accreditation, Mills said.