Defining tools

Define tools for departments. Tools are pieces of equipment that a department uses to carry out maintenance work, e.g., scaffolding or excavators. The department is usually the "owner" of a tool, so the department’s store keeps the tools.

Note:  Tool refers to a type of tool, rather than an individual item. For example, if the organization has several drills, create a general Tool code called DRILL. Then create individual parts for each drill and track them as assets using the drills’ serial numbers.

See the following table to determine the best method for defining tools in the organization:

Type of Tool Importance to the Organization Define Tool as a…
Hammer
Low
Tool can be replaced easily and inexpensively
Simple tool
Ratchet
Medium
Tool should be ordered and kept in stock
Tool and a part
Calibration Gauge
High
Tool can be ordered and kept in stock and is also valuable
Tool, part, and asset