Point of Work (POW) systems are best suited for the industrial setup, considering the fact that most overhead cost arises out of material wastage or loss of materials. It can also be considered as the best option to reduce time taken to procure a material/ tool accessory. Ideally, tool vending machines are used to tackle such scenarios.
The access to tool vending machines is completely under control, unlike the case where tool cribs or store rooms were accessible by anyone in the shop floor. Access control is implemented in such a way that it restricts the employees to retrieve only certain tools from these machines. Also, limits on tool consumption by employees and departments can be programmed into the machines.
Access control can prevent many problems related to wastage and loss. It can track usage of tools and accessories and provide automated accountability statements for the senior management. This access control provision encourages employees to use appropriate numbers of tools and prevents irresponsible handling of tool accessories.
By providing accountability statements, every department is aware of the usage of tools and their limitations. This real time data helps in analyzing the inventory usage, calculation of cost benefit analysis and complete elimination of stock out conditions.
There are many Gen-Next; Internet based industrial vending systems that can be easily implemented. They are also easy to use and completely affordable. They are primarily focused on tracking, controlling and management of the flow of critical items in the work area. They don’t require the customers to pay for functionality they don’t need or may never use.
Using the services of a leading tool vending provider who can offer innovative, cost-effective and reliable solutions will enhance operational growth and increased savings for any manufacturer.
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