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Frequently Asked Questions

About Crib Inventory

Questions

1. What is a Tool Crib Inventory?

2. What is Tool Crib Inventory Management?

3. How does T & H manage Tool Crib Inventory?

4. What are perishable tools?

5. What are durable tools?

Answers

1. What is Tool Crib Inventory

Manufacturers need tools to maintain their plants and to keep their production running smootly. Plant managers buy the tools and organize them into a system that keeps track of their usage. The managers inventory the tools into what they call "tool cribs", from which workers withdraw what they need to do a job. The volume of tools that a manufacturer inventories sometimes numbers in the thousands. Thus, keeping track of this inventory is a major undertaking, the success of which has a significant impact on the bottom line.

2. What is Tool Crib Inventory Management?

Keeping track of the inventoried tools is not an easy task. A workable system is therefore put in place to monitor the following:

  •   who's using the tools
  •   which tools are they using
  •   which tools are disposable and which are not
  •   when the tools were checked out
  •   when they were retuned
  •   which tools were broken
  •   which tools wore out
  • How does T & H manage Tool Crib Inventory?

    One of the important features of Integrated Supply is tool crib inventory management
    T & H uses a software application, called the Crib Management System, to provide complete tool crib inventory control. This software package enables personnel to distribute and track tools with accuracy and confidence. The Crib Management System performs a variety of tasks:

  •   monitors tool crib inventory
  •   tracks consumption
  •   keeps track of costs and their impact on budget
  •   generates more than 150 standard reports
  • 4. What are perishable tools?

    Perishable tools are those in the tool crib inventory that are consumed by use. Tools such as drills, endmills, carbide inserts, and taps are perishable. As they are perishable, they must be kept at practical inventory levels and monitored carefully for obsolescence.

    5. What are durable tools?

    Durable tools are not generally consumed by use. Tools such as drill heads, collets, dies, micrometers, fixtures, and power tools are durable. They need to be carefully accounted for to restrict their use to company projects.

     

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