Beyond the Spreadsheet: How a Tiered Tooling Inventory Cuts Procurement Costs
For most high-volume manufacturing facilities, tool room management is purely reactive. A tungsten carbide die is pulled from a production line when it begins producing out-of-spec parts or signs of catastrophic failure appear. It is logged on a spreadsheet, tossed into a scrap bin, and a purchase order for a costly replacement is immediately generated. […]