Standards Comparison

    ISO 55001

    Voluntary
    2014

    International standard for asset management systems

    VS

    BRC

    Voluntary
    2022

    GFSI-benchmarked standard for food safety manufacturing

    Quick Verdict

    ISO 55001 establishes asset management systems for lifecycle value in asset-heavy industries, while BRC ensures food safety and quality via HACCP and audits for manufacturers. Companies adopt ISO 55001 for governance and BRC for retailer compliance.

    Asset Management

    ISO 55001

    ISO 55001:2024 Asset management systems requirements

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    12-18 months

    Key Features

    • Requires Strategic Asset Management Plan (SAMP) linking strategy to operations
    • Follows Annex SL structure for integration with other management systems
    • Applies PDCA cycle across Clauses 4-10 for continual improvement
    • Mandates formal asset decision-making framework (2024 update)
    • Separates risks and opportunities in planning for balanced decisions
    Food Safety

    BRC

    BRCGS Global Standard for Food Safety

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    6-12 months

    Key Features

    • Codex HACCP-based food safety plan
    • Senior management commitment and culture
    • Environmental monitoring and risk zoning
    • Fundamental clauses for certification grading
    • GFSI-benchmarked for retailer access

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    ISO 55001 Details

    What It Is

    ISO 55001:2024 is an international certification standard specifying requirements for an Asset Management System (AMS). It enables organizations to realize value from assets across lifecycles by connecting decisions to objectives, balancing performance, risks, and costs. Built on a risk-based, PDCA (Plan-Do-Check-Act) approach with Annex SL high-level structure.

    Key Components

    • Clauses 4-10 cover context, leadership, planning, support, operation, evaluation, improvement.
    • 72 mandatory 'shall' requirements, including SAMP, decision-making framework, outsourcing controls.
    • Normatively references ISO 55000 for terminology; guided by ISO 55002.
    • Optional third-party certification via audits.

    Why Organizations Use It

    • Drives cost optimization, reliability, regulatory compliance in asset-intensive sectors.
    • Enhances governance, stakeholder trust, market differentiation.
    • Mitigates risks like failures, downtime; supports ESG, resilience.

    Implementation Overview

    • Phased: gap analysis, SAMP development, competence building, KPI dashboards.
    • Applies to utilities, infrastructure, manufacturing; scalable by size.
    • 12-24 months typical; involves training, EAM tools, internal audits.

    BRC Details

    What It Is

    BRCGS Global Standard for Food Safety (Issue 9) is a GFSI-benchmarked certification framework for food manufacturers, processors, and packers. It ensures product safety, legality, authenticity, and quality through a structured management system combining senior leadership, Codex HACCP, and prerequisite programs (GMP/GHP).

    Key Components

    • Nine core clauses (Issue 8) or seven (Issue 9): senior management, HACCP plan, FSQMS, site standards, product/process control, personnel, risk zones, traded products.
    • Fundamental requirements (e.g., HACCP, traceability, allergen management) critical for certification.
    • Built on risk-based hazard analysis including fraud, defence, environmental monitoring.
    • Graded audits (AA/A/B/C/D) with announced/unannounced options.

    Why Organizations Use It

    • Mandated by retailers for supply chain access.
    • Reduces recalls, ensures compliance (e.g., FSMA alignment).
    • Builds trust, operational resilience, market differentiation.

    Implementation Overview

    Phased gap analysis, documentation, training, internal audits; 6-12 months typical. Applies to manufacturers globally; requires annual third-party certification.

    Key Differences

    Scope

    ISO 55001
    Asset management systems for lifecycle value
    BRC
    Food safety, quality, legality in manufacturing

    Industry

    ISO 55001
    Asset-intensive sectors globally (utilities, infrastructure)
    BRC
    Food manufacturing, packaging, distribution worldwide

    Nature

    ISO 55001
    Voluntary ISO management system certification
    BRC
    Voluntary GFSI-benchmarked retailer audit standard

    Testing

    ISO 55001
    Internal audits, management reviews, certification audits
    BRC
    Annual on-site audits, announced/unannounced, grading

    Penalties

    ISO 55001
    Loss of certification, no legal penalties
    BRC
    Grade reduction, certification suspension/denial

    Frequently Asked Questions

    Common questions about ISO 55001 and BRC

    ISO 55001 FAQ

    BRC FAQ

    You Might also be Interested in These Articles...

    Run Maturity Assessments with GRADUM

    Transform your compliance journey with our AI-powered assessment platform

    Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.

    100+ Standards & Regulations
    AI-Powered Insights
    Collaborative Assessments
    Actionable Recommendations

    Check out these other Gradum.io Standards Comparison Pages