Tooling Asset Management: Track Tool Health, Life and ROI

Tool performance Why process control includes the tool

2026-04-25 From MA Alexander Stark 4 min Reading Time

Related Vendors

As tools move across plants, suppliers and systems, structured asset management becomes a competitive factor. Carlos Saboga explains what moulders and OEMs should monitor, where many companies still fall short, and how better tooling data supports performance.

Progressive’s CVe Monitor RT and Profile provide 24/7 performance data streaming for instant visibility of your tool’s activity from anywhere in the world.

(Source: Progressive Components)

Tooling investments are too critical to manage without reliable data. Mould makers, moulders and OEMs increasingly need transparency on where tools are, how they run in production, and whether preventive maintenance is being followed.

For Carlos Saboga, European Technical Sales Manager at Progressive Components, these are not abstract questions but part of daily practice. In this interview, he discusses how manufacturers can translate tooling ROI into measurable performance, where process control truly starts, and why structured asset management is becoming essential as tools move across multiple sites and suppliers.

Please log in or register and read this article. To be able to read this article in full, you must be registered. Free registration gives you access to exclusive specialist information.

Create My Free Account

Already registered? Log in here