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Tool Management

Toolhive – a smart alternative to spreadsheets for tool data management

By sandvik
5 min read
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Today’s small to midsize machining companies face many challenges when it comes to ensuring operational efficiency and profit maximization. An area that can cause unwanted delays and inefficiencies is in the area of CNC tool data management.


A better way than using spreadsheet tool data management 

Whether a machine shop, metal shop or small business, you will most likely have a requirement for versatile and cost-effective cutting tools, multi-purpose inserts and holders. You might also have an occasional need for special tools and custom geometries. To manage this, small to midsize companies have traditionally relied on manual tool inventory management, in the form of Excel spreadsheets. But what if there was a better way to improve efficiency and deliver long-term reliability? 

That in essence is why Toolhive was created - to make the lives of owners, CAM programmers, shop floor managers and machine operators easier. Whether you run or work in a ‘mom and pop shop’, are a T1/T2 supplier in the automotive sector, a provider of non-critical aerospace components or other general engineering work, Toolhive’s cloud-based tool data management software solution has been created to make your life easier, more productive and more profitable. 
 

What is Toolhive’s cloud-based tool data management software solution? 

Toolhive’s software provides users easy access to available tool data from both computers and mobile devices such as tablets - just using a standard browser, giving them instant overview and transparency. This helps save time. Also, by centralizing all of the company’s tool data, manufacturing process collaboration and efficiency are improved. In addition, by combining tool-libraries, tool assemblies and CAM plugins the creation of new or revised tools is quickened and accuracy improved for CAM and CNC programmers. 

Easy to use – globally by the end of last year, nearly 50% of manufacturers were using cloud technology with a forecast of 75% adoption by the end of this year. For SMB manufacturers in the US, the adoption figure was 38% forecast to grow to 60%. We appreciate that not everyone is comfortable with IT and that is why the software has been designed with ease-of-use in mind. The Toolhive software has an intuitive, user-friendly interface that all tool information is presented transparently and accessibly. Whether you are new to tool management software or not, it has been designed to make even complex tool assembly creation and management straightforward. 

Boosts shop floor operations and integration – The Toolhive solution equips teams with the tools to improve planning and manufacturing efficiency. End-to-end machine shop integration is possible, enabling tool data to integrate smoothly into daily manufacturing operations. 

Adaptable to suit your needs – We know that our customers have diverse needs and that is why the Toolhive system is customizable, with adaptable data configurations to deliver tailored solutions.  
 

Why you need a tool data management software solution like Toolhive 

A tool data management software solution would be a good choice for your business if you want to: 

  • Reduce wasted time searching for the correct tool data
  • Work to shorter production lead-times or manage multiple tool switch outs
  • Improve accuracy/consistency in tool assembly creation
  • Locate the right tool or highlight missing tools more easily
  • Create complex tool assemblies quickly
  • Have better visibility of your tooling operations
  • Speed up CAM system data inputting for tool assembly creation
  • Improve communication and have more efficient planning and production
  • Ensure manufacturer specification compatibility is maximized
  • Integrate seamlessly with CAM platforms
  • Organize your tool data without incurring capital expenditure costs
  • Have centralized access to tool data for all teams. 

Thanks to Toolhive’s cloud-based tool data management software, the power of digital manufacturing is now a reality for machine shops, metal shops and other small to midsize businesses, wherever you are in the world. 

If you are wanting more connected workflow or to increase time savings through easy access to the right tool data, why not click HERE, to find out how to get insights into tool availability, without big investment or spending money up front or begin your free trial?