Startup firm Tool Stats provides cloud-based mold information

By Rhoda Miel
News Editor

Published: December 12, 2012 6:00 am ET

Related to this story

Topics Injection Molding Molds/Tooling
Companies & Associations

WARREN, MICH. (Dec. 12, 1:15 p.m. ET) — New software startup Tool Stats aims to help toolmakers, molders and their customers streamline production by maintaining a central database of mold data.

Warren, Mich.-based Tool Stats provides cloud-based storage of key mold production information, which then allows users to access that information anywhere at any time.

Toolmakers or molders may have their own in-house tracking systems, said Business Development Manager Sean Brolley, but that information can be difficult to share. A cloud-based system could allow a mold maker to upload information from production tryouts of a new mold, and have that information immediately available to customers and others in the supply chain.

Tool Stats received financial backing from Proper Digital, part of Warren-based Proper Group International, although the company is a separate, stand-alone operation, Brolley said in a Dec. 11 telephone interview.

Elements of Tool Stats debuted earlier in 2012, including a matrix bar code that can be placed on every tool to allow users to scan the code with a smart phone and access information about the tool. The cloud-based storage system and an on-line database which launched in November take the digital information access even further.

Users of Tool Stats log vital details about each tool onto an off-site computer, where that information is protected behind a password-enabled log-in linked to the tool number and bar code. That central storage can house information such as design, processing parameters, component schematics, maintenance logs and manufacturing history.

For an auto industry user – where the tool is owned by an automaker, made by a mold maker, used by a molder who may then ship parts to another system supplier – each person in that supply chain could conceivably access details on the tool during its build, during prototyping or during full production.

“Tools are being transferred and shipped all over the world, and this would provide a standardized process to track them,” Brolley said.

During production, the molder can use Tool Stats to log regular maintenance and share that log if problems arise. Rather than take the tool out of production to send it somewhere if there are problems during its use, a toolmaker could potentially spot a problem just from the maintenance log and diagnose the needed repair quickly, he said.

Users can also import design information from Tool Stats to their own internal software programs so they do not need to enter data into two separate files. That should help toolmakers and molders if the mold is transferred to another site for repairs or production, Brolley said.


Comments

Startup firm Tool Stats provides cloud-based mold information

By Rhoda Miel
News Editor

Published: December 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Robots, injection molding machines create leads for Wittmann Battenfeld

April 27, 2015 3:37 pm ET

Wittmann Battenfeld Inc. of Torrington, Conn., received more than 1,600 leads at NPE 2015 worth $11 million in potential business across all business ...    More

Image

Jaguar Land Rover to begin using MuCell across its product line

April 27, 2015 9:47 am ET

Another automaker has announced plans to use Trexel Inc.'s MuCell molding technology in future production.    More

Image

Haitian builds system for Renault's new China auto assembly plant

April 24, 2015 11:10 am ET

A late-comer to the world's largest auto market, French carmaker Renault SA is currently building its first factory in China.    More

Image

Wittmann Battenfeld betting on big for future sales

April 24, 2015 12:34 pm ET

Five hundred visitors packed into MacroPower Days, about twice as many as Wittmann Battenfeld GmbH officials initially expected — proof, they...    More

Image

Michigan OSHA fines injection molder

April 23, 2015 4:09 pm ET

Michigan-based injection molder Grand Rapids Plastics Inc. faces $558,000 of fines following inspections from state regulators investigating the June ...    More

Market Reports

North American Thermoformed Packaging Market Outlook & Review 2015

Our annual report provides a thorough review and analysis of economic and political conditions, emerging market trends, packaging design advances, materials pricing and sustainable packaging issues impacting supply and demand in the TP segment. Our analysts identify key drivers of growth and opportunities for processors to remain competitive in the years ahead through innovation, production efficiencies and more.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events