Northern Apex Corporation

Read Our Cutting Tool Engineering Magazine Article About ROI of Tool and Tooling Tracking

Jeff Garver - Tuesday, August 14, 2018


Proven ROI in the tracking of tools, production tooling and fixtures

For a business owner or manager it’s a frustrating and difficult task to track, manage and keep records on the hand-held tools, production tooling and fixtures, dies and castings that are the lifeblood of your operation.

Each category of tool has specific tracking and accounting issues that when addressed have been proven to show a significant return on investment.

Challenges addressed with improved tool tracking:

  • Personnel and contractor accountability for an item
  • History and traceability of calibration data
  • Awareness of shelf life and expiration date issues
  • Visibility into the repair and maintenance cycle for parts that are regularly changed
  • Enables labor tracking to a specific project or work order
Click here to read our full article in Cutting Tool Engineering Magazine



 

 

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