Enable control of your inventory

The typical workshop practices sub-optimal inventory management processes that lead to high-value inventory levels, large volumes of stock becoming obsolete or stock-outs.

To make things worse, a significant share of an operator's time is spent looking for tools or spare parts and dealing with equipment and inventory.

The results include difficulties in measuring tool performance and high costs for stock management and processing orders.

Having the right tool available and having the right levels of stock available is of critical importance. Transparency on stock levels and usage will allow you to reduce stock, reduce order processing costs and increase productivity.

Role-based interfaces

Users of tool management software CoroPlus® Tool Supply can organize their equipment and improve their inventory management by applying it to their tool logistics processes.

The shop floor software interface enables operators to pick and return tools. Management of restocking and maintenance of inventory can be achieved using the same solution.

The usage of the tools on the shop floor feeds data to the management and administration part of the system, allowing tracking of cost, planning jobs and management of purchasing.

CoroPlus® Tool Supply connects with multiple supplier’s product databases and allows import of correct tool information, including ISO parameters, bill of material and spare parts.

How to use

The all-in-one tool management software is intuitive and easy-to-use. Here are a few use cases on how the CoroPlus® Tool Supply inventory software can be used to manage assets and equipment, tracking and inventory management in entire job sites.

Pick and return

Picking from and returning a tool to the stock is quick and helps to keep inventory in control and keep production going.

Restock items

Replenishment of items can be managed by the user in the workshop by adding tool items to an already existing purchase order.

Create and manage purchase order

Purchase orders are created in the management and administration part of the system simply by selecting vendor and destination stock.

Identify low use or obsolete items

The tracking features to generate a report on the frequency of tool items’ usage. A leaner stock will help to reduce capital employed.

Track tool cost for a specific job

In the data management section of the inventory software, the user can assign individual tools to a specific job for detailed tracking of cost.

Import product data

As manual entry and handling of tooling data takes time and can lead to errors, the software is connected with the tool vendors' own databases and fetches verified tool data by the click of a button.

Find product related items

As a full inventory management tool, CoroPlus® Tool Supply can bring up an individual tool item's spare parts, matching items and assemblies, for quicker management and handling.

Cabinets and vending

Depending on level of control required, we can offer you different cabinet solutions such as open shelves, drawers with lids, or spiral carousel equipped vending machines from leading suppliers

Compatibility

CoroPlus® Tool Supply inventory solution is compatible with multiple 3rd party suppliers devices, such as:

• Card readers
• Barcode scanners

Cloud-based solution, billed yearly

• Broad portfolio of storage solutions, including on-site installation
• Software training
• Support

Tool logistics and Services

With more than a century of global experience, Sandvik Coromant has gained considerable knowledge in tool management and maintenance within logistics, knowledge that we can draw upon to serve you in the pursuit of improved efficiency.

Let us help you reduce costs and net working capital.