What’s the true cost of tooling? The real cost of paying less.

Companies often look at the cost per tool when making major purchase decisions. And while you may see a wide range in pricing, the real cost of tooling is often something quite different. Because the hardware is only part of the equation.

To begin with, manufacturer specifications often include tools that aren’t necessary in many workscope scenarios. Buying tools your teams don’t need or won’t use can dramatically escalate cost.

Secondly, there are many updates to engines and manufacturer requirements that are not communicated or included in specifications. Which means you may be paying for parts that are out of date and no longer fit certification requirements. Again, paying more for what you don’t need.

And lastly, the quality of the tools you buy makes a big difference in lifetime cost. Tools that don’t meet quality or precision standards, or are not properly calibrated or maintained, end up costing substantially more to repair or replace. And using non-OEM tools can pose considerable risk of injury or catastrophic loss to engines and equipment.

So what you save today can end up increasing the cost even a few months or years down the road.