Coroplus Improves Tool Inventory Management

Users of Sandvik Coromant’s CoroPlus Tool Supply service can unite tool inventory management with tool logistics, helping operators to pick and return tools, manage restocking and maintain inventory control using the same interface.

To help maintain control of tool inventory, the CoroPlus Tool Supply combines hardware, software and service solutions to form a user-friendly tool restocking and inventory management system.

The tool supply consists of software, hardware and supporting service elements. Using the CoroPlus Tool Supply hardware, manufacturers can store and keep track of tools. Storage options can be tailor-made according to facility demands, with tool vending solutions ranging from open stock, drawers and lids to full tool cabinets. Each hardware option enables tools to be securely stored, without the risk of loss or damage.

As well as physically storing tools, manufacturers can collect and manage tool data using the CoroPlus Tool Supply cloud-based interface, which can be used with or without a vending cabinet.

Tool use on the shop floor feeds data into the administration and management side of the system, helping engineers, purchasing and management teams to track tool usage, costs, purchasing and inventory. Connecting to multiple suppliers’ tool databases, CoroPlus Tool Supply can store correct tool information, including ISO parameters, bill of material (BOM), spare parts, product images and computer aided design (CAD) file types in a single area. For machine operators, this means a greater insight into tool availability, easy access to technical data and the ability to source the right tool for the job.

The interface can also unite several areas of inventory management to streamline restocking. Using CoroPlus Tool Supply, purchase orders for new tools can be raised directly from the shop floor, reducing administration costs and giving plant managers greater control of their inventory and instant knowledge of tools status.