Supply chain risk is a real threat to global manufacturers. Companies are dependent on suppliers for a consistent supply of quality products delivered on time.  Interruptions due to business failure, natural disasters, geopolitical changes, and pandemics are a constant threat to your supply chain. The ability to make contingency plans and transfer manufacturing capability quickly helps mitigate these risks and reduce the stress on your organization when events occur.

For existing production parts and assemblies, manufacturing cost and quality are determined by the tooling and processes used to make the product.  Raw material, labor, overhead, and maintenance cost are tooling-centric. Quality depends on tool design, condition, preventative maintenance, and repairs. ToolView provides the information you need to obtain quotes, predict product costs, resolve quality issues, and drive improvement.

Companies often explore changes to their supply chain for improvement purposes. This may include supplier consolidation, cost monitoring, and finding new sources. For existing products, tooling and processing information are needed to select suppliers and obtain accurate quotes.  Suppliers need access to special tooling information to estimate material use, labor cost, and equipment requirements to provide accurate quotes.  ToolView provides confidential controlled access to this information by select suppliers. 

Annual reporting of tooling assets for accounting and government regulatory purposes is quickly and accurately provided by ToolView.

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