The Ten Biggest Challenges for Tool and Mould Makers in Europe

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5. Key figures open up optimisation potential

This may sound like a cliché, but it reflects reality quite well: toolmakers are excellent with numbers, as long as they are tolerance values, degrees of roughness or similar values that determine the technical properties of a tool. The economic key figures in one’s own company are often far less transparent. And a comparison across the industry, a valid determination of one’s position, is simply impossible due to the lack of reference figures from other companies.

However, something is happening in the industry right now, and its name is Marktspiegel Werkzeugbau eG. Launched by tool and mould makers and run as a cooperative, this initiative shows companies their own key figures and compiles them into an anonymised industry comparison. In this way, participating companies can determine their own performance and improve their competitiveness with targeted measures, thanks to targeted recommendations for action from the experts at Marktspiegel.

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