Tool inventory solutions for controlling tool logistics.
The typical workshop practices sub-optimal inventory management processes that lead to high-value inventory levels, large volumes of stock becoming obsolete or stock-outs.
To make things worse, a significant share of an operator's time is spent looking for tools or spare parts and dealing with equipment and inventory.
The results include difficulties in measuring tool performance and high costs for stock management and processing orders.
Having the right tools and stock levels available is of critical importance. Transparency in stock levels and usage allows you to reduce stock and order processing costs as well as increase productivity.
Users of the tool management software CoroPlus® Tool Supply can apply it to their tool logistics processes to organize equipment and improve inventory management.
The shop floor software interface enables operators to pick and return tools. Management of restocking and inventory maintenance can be achieved using the same solution.
Usage of the tools on the shop floor feeds data to the management and administration area of the system, allowing cost tracking, job planning and purchasing management.
CoroPlus® Tool Supply connects with multiple suppliers’ product databases and imports correct tool information, including ISO parameters, bills of material and spare parts.
The all-in-one tool management software is intuitive and easy-to-use. Here are a few use cases on how the CoroPlus® Tool Supply inventory software can be used to manage assets and equipment, tracking and inventory management across entire job sites.
Picking from and returning a tool to stock is quick and helps to keep inventory in control and production going.
The user can manage item replenishment in the workshop by adding tool items to an already existing purchase order.
Purchase orders are created in the management and administration area of the system simply by selecting the vendor and destination stock.
Tracking features generate a report on the frequency of tool items’ usage. A leaner stock helps reduce capital employed.
In the data management area of the inventory software, the user can assign individual tools to a specific job for detailed cost tracking.
As manual entry and handling tooling data takes time and can lead to errors, the software is connected with tool vendors' own databases and fetches verified tool data at the click of a button.
As a full inventory management tool, CoroPlus® Tool Supply can bring up an individual tool item's spare parts, matching items and assemblies, for quicker management and handling.
Depending on the level of control required, we offer different cabinet solutions, such as open shelves, drawers with lids or spiral-carousel-equipped vending machines from leading suppliers.
CoroPlus® Tool Supply inventory solution is compatible with multiple third-party supplier devices, such as
With more than a century of global experience, Sandvik Coromant has gained considerable knowledge in tool management and maintenance logistics – knowledge that we draw on to serve you in the pursuit of improved efficiency.
Let us help you reduce costs and net working capital.
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