When properly managed, active and obsolete tools are valuable assets for the OEM. The Interwater Tooling Process (ITP) is specifically tailored to ‘unlock’ tooling revenue by better IP protection & quality control, enhanced ownership claim, scrap revenue, financial control / asset visibility, reduced property taxes, resourcing data, lower PD cost, government audit compliance and cost recovery.
Interwater Europe has developed a scalable and repeatable process that enables us to react and adapt to variable inputs from suppliers to consistently deliver results. To optimize the value of OEM-owned tooling, our efforts address three areas at distinct times during the tooling lifecycle: tool launch control, tool cost review and tool inventory process. These 3 activities are incorporated in a tooling management system, designed to provide an up-to-date inventory of OEM-owned tooling in the supply chain and to track the tooling throughout its lifecycle.