Stock Profiling – also known as Asset Performance Evaluation (APE), stock sustainability assessment or stock grading, is an essential tool for any organisation as it will allow you to understand the costs and benefits of holding assets within your property portfolios in a clear and concise way.
Why does Stock Profiling matter?
Housing providers are coming under more regulatory scrutiny to manage Value for Money. The Regulator of Social Housing, Value for Money standard, introduced in 2018, means that providers must be able to outline their strategy for delivering homes that, meet a range of needs and ensure that optimal benefit is derived from resources and assets. The Regulator’s expectation is that organisations have a ‘forensic understanding’ of the costs and benefits of holding each asset, and that organisations use this information to drive decision making about assets. The outcome should be decisions to invest and di-vest in assets that ultimately improves overall organisation value for money performance, reduces operational costs, increases surplus and leads to better performance in meeting organisational objectives.
How Pennington Choices can help?
At Pennington Choices our in-house consultancy division have worked on over 250 projects for a range of clients across the UK, including local authorities and social housing providers. Our stock profiling service is well proven and is the perfect tool to provide you with clear assurance that you are delivering your long term housing objectives, and that future investment decisions are in line with your organisations asset management strategy.
But, what makes Pennington Choices different is our approach. We provide, clear, matter-of-fact and practical programmes for our clients, that require little time and effort on their behalf, but leave them with easy to follow solutions that allow them to make effective financial decisions.
Our process is undertaken in three stages:
- Design and Data Collation
- Data Modelling
- Stock Grading
Once complete you will be provided with a report, which will enable you to create an active asset management strategy and, help you better understand the performance of your stock, in line with current regulatory expectations.
For more information on how our Stock Profiling programme can help you and your organisation, get in touch with our consultancy team today. Either via email or by calling 0800 883 0334
Head of Consultancy
Head of Consultancy
- International Certification of Enterprise Risk Management
- Master of Business Administration (MBA)
- Joint Honours Degree – English, Literature and History
- Managing Successful Programmes (MSP)
- Management of Portfolios (MoP)
- PRINCE2 and DSDM Agile PM Practitioner
Sarah Davies is our Head of Consultancy and has spent nearly two decades working with organisations across the public and not-for-profit sectors. Starting her career with the Audit Commission before moving into strategic leadership roles in Police, Fire and Social Housing; Sarah has substantial experience in Strategic Procurement, Value for Money and leading complex and large-scale business and digital transformational change programmes and operational services.
As Assistant Director of Business Improvement at a housing provider, Sarah introduced and embedded a new Enterprise Risk Management Approach and advised in the EU procurement of a new repairs service, including an emergency procurement. During her time as Head of Strategic Change for Cheshire Constabulary and Cheshire Fire & Rescue, Sarah was the Lead Officer for Digital and Organisation Transformation and Efficiency Programmes; delivering three major collaborations/ mergers with other organisations, including the development and implementation of a back-office shared service for UK Policing (using Oracle ERP technology).
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