Tool Inventory Management Programs

Home / Blog / Tool Inventory Management Programs

Our customized solutions combine industry-leading hardware, software and technical support to help improve productivity, increase efficiency and reduce overall costs. Every machining enterprise has different needs when it comes to managing the mission critical indirect expense of metal cutting tools and related products. We take a non-bureaucratic to put a solution in place, and it can be done very quickly.

SupplyPro SmartDrawer Tool Inventory Management System in CanadaTriumph Tool has been providing Tool Management Programs with the use of Automated Tool Dispensing Equipment (or Vending Machines) since 1994.

Following are some features of our Tool Management Programs. Note that the prioritization of these can be very different depending on the unique conditions of the client.

  • Reduce/eliminate stock-outs
  • Enhanced data capture including tool usage data
  • Improved tooling control, operator accountability
  • Reduced consumption of up to 30%
  • Reduced procurement costs
  • Easy access to reports, usage data, etc.
  • 24/7 access
  • Inventory reduction
  • Access to all products
  • Consigned inventory and vendor managed replenishment
  • Periodic invoicing
  • Improved technical support

At Triumph Tool, our goal is to deliver superior customer service and technical support to our clients. That’s why we’ve made it our priority to develop Tool Management Programs that fit the unique and evolving needs of our customers.

How We Got Here

We were early pioneers of Tool Dispensing in Canada. Our first Integrated Supply Agreement, with three AutoTrack machines,  was initiated in August, 1994 with Westinghouse Power Generation in Hamilton, ON. Since 2001, SupplyPro has been our preferred supplier partner, due to its wide range of tool dispensing hardware & web-enabled software. We also established a partnership with Tool Data Management (TDM) Systems in 2007 to supplement our software offerings.

Currently, our team runs many Tool Management Programs, with SupplyPro Tool Dispensing machines, across various industry segments at locations across Ontario. The success of these programs is due in no small part to our passion for Operational Excellence and Unsurpassed Technical Support.

To learn more about our Tool Management Program or SupplyPro hardware and software solutions, contact the team at Triumph Tool today.

Related Posts
  • James

    Unhealthy inventories can lead up to bad management and high customer turnover rates due to product quality and communication systems which of-course can be affected greatly by unhealthy conditions of the inventory.

Leave a Comment

Advantages of heat shrink tooling from Triumph Tool in Canada