Customer Owned Tooling

The only customer tooling we have is tooling produced and provided by the customer so there is no billing impact. Otherwise all tooling that we make on-site is owned by us, never sold. We do however charge an "Engineering Service Charge" or ammortize the tool cost into the piece price across the first X-thousand parts. For customer provided/owned tooling we have a checkbox on the Part Master and print notices on the job traveler. We don't issue tooling to a job (as a material) but rather deal with it manually. The tool number is the first 8 characters of the part description (thus the search word) and tool racks are labeled with ranges of tool numbers (like library shelves). We use special operation codes to add an operation to a job to record time spent on tool repair, so by checking jobs for a tool (part) we can determine number of parts produced since last repair. We also use special job prefixes to track first production run on a tool or first run after a tool change (modification or rev) for extra QA scrutiny. When a tool has been idle for 3 years we ask the customer to pay a storage fee or we will obsolete the tool (destroy it), unless it is a customer owned tool in which case we ship it back (at their cost) if they don't want to pay for storage.
-Todd C.


-----Original Message-----
From: Michael D. Howard [mailto:mike@...]
Sent: Thursday, May 01, 2003 8:21 AM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Customer Owned Tooling


We keep customer tooling also. For us the procedure is like
yours, with the shipment and invoicing, but we then enter the
location of the tool into a record keeping system outside of
Vantage.

Every so often, we need to round up a set of tools and actually
ship them off-site. When this happens, we use a Miscellaneous
Shipment, rather than a Customer Shipment. This gives us a
record in Vantage.

It is an inelegant method, but there are many items here that
aren't included in Vantage anyway, so we just deal with it.

I too would like to know how other companies handle this.

Mike
-----Original Message-----
From: dans@... [mailto:dans@...]
Sent: Wednesday, April 30, 2003 2:38 PM
To: Vantage Group (E-mail)
Subject: [Vantage] Customer Owned Tooling


I apologize in advance if this question has been asked previously.

How do you handle customer owned tooling.

We enter P.O., create a job to produce the tooling, then we create a
packing slip to ship the tooling to customer. We enter a quantity of one,
but the problem is that we do not actually ship the tooling out. We
merely
invoice the tool, and we follow this procedure to clear it out of the job
and Sales order so that the job costing information is captured correctly
(ie. ship/rec stock qty matches completed qty) .

We do not want to carry it in inventory at it's cost, because it is not
ours. We also want to be able to look back to see if we have the tool
in-house or have indeed shipped it to the customer.

Any thoughts on this issue would be greatly appreciated.

Thank you,

Daniel C. Spoerl
Estimator/MIS Manager
Toledo Metal Spinning Co.
Phone: (419) 535-5931 ext. 203
Fax: (419) 535-0565
Personal E-fax: (707) 897-1708
Email: HYPERLINK
"mailto:dans@..."dans@...
WebSite: HYPERLINK
" http://www.toledometalspinning.com/" http://www.toledometalspinning.com
HYPERLINK " http://www.toledometalspinning.com/products_configurator.htm"
\n




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[Non-text portions of this message have been removed]
IÂ apologize in advance if this question has been asked previously.
Â
How do you handle customer owned tooling.
Â
We enter P.O., create a job to produce the tooling, then we create a
packing slip to ship the tooling to customer. We enter a quantity of one,
but the problem is that we do not actually ship the tooling out. We merely
invoice the tool, and we follow this procedure to clear it out of the job
and Sales order so that the job costing information is captured correctly
(ie. ship/rec stock qty matches completed qty) .
Â
We do not want to carry it in inventory at it's cost, because it is not
ours. We also want to be able to look back to see if we have the tool
in-house or have indeed shipped it to the customer.
Â
Any thoughts on this issue would be greatly appreciated.
Â
Thank you,
Â
Daniel C. Spoerl
Estimator/MIS Manager
Toledo Metal Spinning Co.
Phone: (419) 535-5931 ext. 203
Fax:Â Â Â (419) 535-0565Â
Personal E-fax: (707) 897-1708Â
Email:Â Â Â HYPERLINK
"mailto:dans@..."dans@...
WebSite: HYPERLINK
"http://www.toledometalspinning.com/"http://www.toledometalspinning.com
HYPERLINK "http://www.toledometalspinning.com/products_configurator.htm" \n


Â

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Checked by AVG anti-virus system (http://www.grisoft.com).
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[Non-text portions of this message have been removed]
We keep customer tooling also. For us the procedure is like
yours, with the shipment and invoicing, but we then enter the
location of the tool into a record keeping system outside of
Vantage.

Every so often, we need to round up a set of tools and actually
ship them off-site. When this happens, we use a Miscellaneous
Shipment, rather than a Customer Shipment. This gives us a
record in Vantage.

It is an inelegant method, but there are many items here that
aren't included in Vantage anyway, so we just deal with it.

I too would like to know how other companies handle this.

Mike
-----Original Message-----
From: dans@... [mailto:dans@...]
Sent: Wednesday, April 30, 2003 2:38 PM
To: Vantage Group (E-mail)
Subject: [Vantage] Customer Owned Tooling


I apologize in advance if this question has been asked previously.

How do you handle customer owned tooling.

We enter P.O., create a job to produce the tooling, then we create a
packing slip to ship the tooling to customer. We enter a quantity of one,
but the problem is that we do not actually ship the tooling out. We
merely
invoice the tool, and we follow this procedure to clear it out of the job
and Sales order so that the job costing information is captured correctly
(ie. ship/rec stock qty matches completed qty) .

We do not want to carry it in inventory at it's cost, because it is not
ours. We also want to be able to look back to see if we have the tool
in-house or have indeed shipped it to the customer.

Any thoughts on this issue would be greatly appreciated.

Thank you,

Daniel C. Spoerl
Estimator/MIS Manager
Toledo Metal Spinning Co.
Phone: (419) 535-5931 ext. 203
Fax: (419) 535-0565
Personal E-fax: (707) 897-1708
Email: HYPERLINK
"mailto:dans@..."dans@...
WebSite: HYPERLINK
"http://www.toledometalspinning.com/"http://www.toledometalspinning.com
HYPERLINK "http://www.toledometalspinning.com/products_configurator.htm"
\n




---
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Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.465 / Virus Database: 263 - Release Date: 3/25/2003



[Non-text portions of this message have been removed]


Yahoo! Groups Sponsor





Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must
have already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.



[Non-text portions of this message have been removed]