Asset Management in Pharma & Lifesciences: Benchmarking Performance
GMP Compliance and robust validation strategies are essential but we all know they do not prevent equipment failure on their own.
In life sciences manufacturing, the real differentiator is how well these frameworks are translated into operational reality.
With early insights from GARPI™ benchmark data, we explore how some organisations are using AI and machine learning to move away from reactive maintenance and over reliance on planned maintenance to predictive, data-driven reliability.
The same insights also explain why others continue to struggle with downtime, quality risk, and rising costs.
GARPI™ helps turn this into clear priorities for action.
Join us on 11/06/2026 10am UK time, or 24/06/2026 3pm UK time to find out more!
What is GARPI™?
GARPI™ stands for Global Asset Reliability & Performance Index. It is Optimal’s independent global benchmark for asset performance management, aimed at asset-intensive organisations in sectors such as oil and gas, mining, power and utilities, manufacturing, pharma, and life sciences.
In simple terms, GARPI helps an organisation answer:
“How good is our asset management and reliability performance compared with industry peers?”
It does this through a free 15–30 minute assessment, producing a 0–100 composite score, a maturity tier, peer comparison, and a breakdown across eight dimensions of asset management performance. The framework is aligned with ISO 55001 and the GFMAM Asset Management Landscape.
The eight assessed dimensions are:
- Asset Performance Outcomes
- Asset Management Governance
- Asset Operations & Maintenance Strategy
- Asset Information & Digital
- Asset Investment & Lifecycle Value
- Workforce Capability & Culture
- Supply Chain & Materials
- Risk Management & Resilience
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Get your company up to speed today.
Not sure where to start? Benchmark your asset management maturity first.
The Global Asset Reliability & Performance Index is Optimal's free industry benchmark — giving you a structured view of where your organisation stands against global peers before committing to any programme.