Special tools and molds are often indispensable for the production of parts. The recipients of the parts to be produced (customers) are aware of this importance. In many cases, they therefore regularly purchase the tools and molds themselves at the beginning of production, either from the parts manufacturer, a tool supplier or via intermediary suppliers. However, the tools remain at the production site and are provided to the parts manufacturer by the customer for production. This protects the customers from unexpected production downtimes at the parts manufacturer. Because customers acquire ownership of the tools, these so-called customer tools – and thus the complete production of the parts – can be more easily transferred to another manufacturer if required, in particular without major downtimes.
Source KMLZ
