Tool management: Difference between revisions

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{{infobox4
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<ul>
<li>[[Competitive advantage]]</li>
<li>[[Process innovation]]</li>
<li>[[Maintenance management]]</li>
<li>[[Operational controlling]]</li>
<li>[[Procurement procedures]]</li>
<li>[[Pipelined production]]</li>
<li>[[Standard price]]</li>
<li>[[Efficiency of management]]</li>
<li>[[Tensor structure]]</li>
</ul>
}}
Tool [[management]] is used to support primary [[production]] activities, so that the [[company]] can achieve high production, good [[quality]] and lower [[cost]] of production. The main goals of tool management are:
Tool [[management]] is used to support primary [[production]] activities, so that the [[company]] can achieve high production, good [[quality]] and lower [[cost]] of production. The main goals of tool management are:
* providing workstation with necessary tools to carry out its tasks,
* providing workstation with necessary tools to carry out its tasks,
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Special tools, can provide higher performance and higher quality of manufactured products. Decision on the selection of tools, should be based on consideration of profitability and costs of use of these tools. Managers should compare the use of typical tools with the benefits of using specialized tools, in terms of quality and performance needs. Final decision, however, may depend on other factors, which are more closely connected with the [[production process]].  
Special tools, can provide higher performance and higher quality of manufactured products. Decision on the selection of tools, should be based on consideration of profitability and costs of use of these tools. Managers should compare the use of typical tools with the benefits of using specialized tools, in terms of quality and performance needs. Final decision, however, may depend on other factors, which are more closely connected with the [[production process]].  
{{infobox5|list1={{i5link|a=[[Competitive advantage]]}} &mdash; {{i5link|a=[[Process innovation]]}} &mdash; {{i5link|a=[[Maintenance management]]}} &mdash; {{i5link|a=[[Operational controlling]]}} &mdash; {{i5link|a=[[Procurement procedures]]}} &mdash; {{i5link|a=[[Pipelined production]]}} &mdash; {{i5link|a=[[Standard price]]}} &mdash; {{i5link|a=[[Efficiency of management]]}} &mdash; {{i5link|a=[[Tensor structure]]}} }}


==References==
==References==

Revision as of 04:02, 18 November 2023

Tool management is used to support primary production activities, so that the company can achieve high production, good quality and lower cost of production. The main goals of tool management are:

  • providing workstation with necessary tools to carry out its tasks,
  • maintaining good technical condition of tools,
  • well organized flow of tools so that the two above-mentioned goals can be accomplished with the lowest cost.

IT systems in tool management

To support the tool management, information systems are used. The basic functions of these systems are:

  • classification of tools,
  • records of the degree of consumption and rate of turnover,
  • records of the value and number of tools,
  • records of the consumption costs, time used and setup costs,
  • monitoring and registration of the causes of breakdowns and repairs.

Tool management requires the consideration of needs and selection of most needed tools. Tools can be divided into:

  • typical tools
  • special tools

Advantages of tool management

The advantage of the use of typical tools during the manufacturing process is a low cost-per-acquisition of these tools. They are useful, because they can be used for a variety of tasks, which also reduces the overall costs of activity.

Special tools, can provide higher performance and higher quality of manufactured products. Decision on the selection of tools, should be based on consideration of profitability and costs of use of these tools. Managers should compare the use of typical tools with the benefits of using specialized tools, in terms of quality and performance needs. Final decision, however, may depend on other factors, which are more closely connected with the production process.


Tool managementrecommended articles
Competitive advantageProcess innovationMaintenance managementOperational controllingProcurement proceduresPipelined productionStandard priceEfficiency of managementTensor structure

References