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1 
Roundtable Tool & 
Equipment Tracking 
Webinar
Today’s Agenda 
Topic 
•Who is ToolHound 
•What is ToolHound Tool & Equipment Management 
Questions & Answer Session 
– What business problem does tool & equipment 
tracking solve? 
– What's changed with ToolHound 5 Tool and 
Equipment Management? 
– Can ToolHound 5 work in remote areas? 
– How do I evaluate tool & equipment tracking for my 
application? 
– What is the typical ROI? 
– Your Questions 
Presenter 
Graham Cooper 
Senior Account Executive 
ToolHound Inc. 800-387-8665 ext 104 
Graham.cooper@toolhound.com 
August 28, 2014 2
Who Is ToolHound Inc.? 
• ToolHound has been a leader in tool and 
equipment tracking systems for 28 years 
• Current staff have more than 72 years 
experience 
• Built on customer feedback 
August 28, 2014 3
What Is ToolHound? 
ToolHound is the leading software for tool and 
equipment management 
– Selected by over 3,000 companies throughout the world 
in various industries including: 
• Construction, natural resources, chemical processing, power 
generation and transportation 
– Multinational customers include: 
• Bechtel, Irving Oil, Dow Chemical, Alstom Power, PCL 
Corporation, Weyerhaeuser, Hertz, AMECO Shell Oil, 
• Conoco Phillips, DeBeers, BHP Billiton 
August 28, 2014 4
What Is ToolHound? 
• ToolHound is scalable, powerful, flexible and easy to 
use 
• ToolHound is available in two versions 
– ToolHound On Premise 
• Provides support for a WAN and is suited for single location or a 
corporate wide application 
• Installs on your computer equipment 
– ToolHound Cloud Edition 
• Is an subscription service offered to offload maintenance of the 
server and database 
• Resides on ToolHound secure servers. 
August 28, 2014 5
What is ToolHound? 
Modules / Features: 
– Inventory / Asset Control - Core Program 
– Maintenance Module 
– Rental Module 
– Replenishment Module 
– Wireless (Real time) and Batch Scanners 
– Quick Issue and Return 
– Tool Kitting 
– Employee Certification 
– Reporting 
August 28, 2014 6
What is ToolHound? 
• What customers have to say: 
“During the past 12 months that ToolHound was employed, we 
saved $92,000 in reduced tool and equipment inventory loss” 
Gary Kuefler – Agrium 
“It’s a well thought out system. Everywhere it’s been installed 
we’ve had better control” 
Steve Njos, Bechtel 
August 28, 2014 7
ToolHound 5 
• PC, LAN or Internet 
• Multiple tool cribs 
• Multiple job sites 
• Browser based 
• Silverlight 
• Client/Server 
• Unlimited users or 
Unlimited Locations 
August 28, 2014 8
What business problem does tool & 
equipment tracking solve? 
• Reduce losses due to: 
– Theft, hoarding, duplication or misplaced 
• Increase productivity 
– Eliminate down time searching for tools 
– Ensure tools and consumables are in stock when needed 
– Reduce time spent issuing and returning assets 
• Reports 
– Provide detailed reports for management and accounting 
• Multi job site support 
– Track tools and equipment between job sites 
August 28, 2014 9
What is new with ToolHound 5? 
ToolHound 5 has been completely redeveloped from 
scratch using the latest Silverlight technology. 
Updates to: 
• Inventory 
• Transactions 
• Locations 
• Purchasing 
• Service 
• Internal Billing 
• External Rental 
August 28, 2014 10
Can ToolHound 5 work in remote 
areas? 
• Remote support 
– Track tools and equipment between job sites using cloud based 
browser or company intranet. 
– Enter data remotely on handheld and sync later 
– The ToolHound SecureCrib uses RFID to provide automated tool 
is.sue and returns. No attendant required 
August 28, 2014 11
What is the typical ROI? 
• Assume 50,000 transactions a year for tool check in/check 
out process 
– Time Saved by Tradesman at a rate of $22/hour, saved = $9,167 per 
year. 
– Workers are getting their tools 50% faster $8,000 per year. 
– Annual Physical Count in half the time and save an average of 
$3,000 per year. 
– Average company spends 1.5 hours per day looking for tools, 
ToolHound cuts this time by at least 50%, for $3,000 per year. 
– Reduction of Tool Loss $5,000 saved annually. 
– tools are retrieved, instead of replaced, $5,000 saved per year. 
– 5% reduction by shedding excess inventory, $25,000 
– TOTAL AVERAGE SAVING = $58,167 in one year 
August 28, 2014 12
Q& A ROUNDTABLE 
What are your question? 
August 28, 2014 13
Thank you 
• Tech Support 
– Phone or email 
– 8:30 AM – 6:30 PM EST 
– Online Knowledge base 
• Services 
– OnTrack 
• On site installation and 
configuration 
– Custom Development 
• Custom reports or specific 
feature enhancements. 
Contact me for more 
information 
Graham Cooper 
Senior Account Executive 
ToolHound Inc. 800-387-8665 ext 104 
Graham.cooper@toolhound.com 
August 28, 2014 14
BACKGROUND SLIDES ON 
TOOLHOUND 5 
August 28, 2014 15
Inventory / Asset Control 
• Tracks equipment, hand tools and consumables 
• Standardized part catalog 
• Master record for each item 
– Part number 
– Description 
– Unit number (for larger assets) 
– Category 
– Purchase date and vendor 
• Maintains quantities of each item at each site 
• Transaction history for each item 
August 28, 2014 16
Main Inventory Screen 
August 28, 2014 17
Issue and Return 
• Using bar code/RFID scanners, tools and equipment 
can quickly and easily be issued and/or returned 
• Employee certification ensures that employees have 
received proper training on equipment, reducing 
accidents and damaged equipment 
• Multiple sites can receive and issue equipment 
August 28, 2014 18
Individual Inventory Screen 
August 28, 2014 19
Maintenance 
• Maintenance can be scheduled based on either 
usage, regular time intervals or metered usage 
• Work orders automatically generated 
• Track work order status 
• Track maintenance related expenses 
• Track equipment sent out for external repair 
• Reduce break downs, increase equipment life and 
improve safety 
August 28, 2014 20
Maintenance Screen 
August 28, 2014 21
Replenishment 
• Automated purchase order report generation based 
on minimum inventory levels 
• Automated receiving 
• Manual ordering and receiving 
• Track backorders 
• Supports multiple locations/tool cribs 
• Advanced reporting 
August 28, 2014 22
Purchase Order Screen 
August 28, 2014 23
Scanners 
Dolphin 99EX 
Windows mobile 
Psion Workadbout PRO 
RFID & Bar Codes 
ToolHound Kiosk 
self serve scanner 
RFID or Bar Code 
August 28, 2014 24
ToolHound SecureCrib 
The ToolHound SecureCrib uses RFID to provide automated tool issue and 
returns. No attendant required. 
Available with or without secure access control. 
August 28, 2014 25

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ToolHound Roundtable Tool & Equipment Tracking Webinar

  • 1. 1 Roundtable Tool & Equipment Tracking Webinar
  • 2. Today’s Agenda Topic •Who is ToolHound •What is ToolHound Tool & Equipment Management Questions & Answer Session – What business problem does tool & equipment tracking solve? – What's changed with ToolHound 5 Tool and Equipment Management? – Can ToolHound 5 work in remote areas? – How do I evaluate tool & equipment tracking for my application? – What is the typical ROI? – Your Questions Presenter Graham Cooper Senior Account Executive ToolHound Inc. 800-387-8665 ext 104 Graham.cooper@toolhound.com August 28, 2014 2
  • 3. Who Is ToolHound Inc.? • ToolHound has been a leader in tool and equipment tracking systems for 28 years • Current staff have more than 72 years experience • Built on customer feedback August 28, 2014 3
  • 4. What Is ToolHound? ToolHound is the leading software for tool and equipment management – Selected by over 3,000 companies throughout the world in various industries including: • Construction, natural resources, chemical processing, power generation and transportation – Multinational customers include: • Bechtel, Irving Oil, Dow Chemical, Alstom Power, PCL Corporation, Weyerhaeuser, Hertz, AMECO Shell Oil, • Conoco Phillips, DeBeers, BHP Billiton August 28, 2014 4
  • 5. What Is ToolHound? • ToolHound is scalable, powerful, flexible and easy to use • ToolHound is available in two versions – ToolHound On Premise • Provides support for a WAN and is suited for single location or a corporate wide application • Installs on your computer equipment – ToolHound Cloud Edition • Is an subscription service offered to offload maintenance of the server and database • Resides on ToolHound secure servers. August 28, 2014 5
  • 6. What is ToolHound? Modules / Features: – Inventory / Asset Control - Core Program – Maintenance Module – Rental Module – Replenishment Module – Wireless (Real time) and Batch Scanners – Quick Issue and Return – Tool Kitting – Employee Certification – Reporting August 28, 2014 6
  • 7. What is ToolHound? • What customers have to say: “During the past 12 months that ToolHound was employed, we saved $92,000 in reduced tool and equipment inventory loss” Gary Kuefler – Agrium “It’s a well thought out system. Everywhere it’s been installed we’ve had better control” Steve Njos, Bechtel August 28, 2014 7
  • 8. ToolHound 5 • PC, LAN or Internet • Multiple tool cribs • Multiple job sites • Browser based • Silverlight • Client/Server • Unlimited users or Unlimited Locations August 28, 2014 8
  • 9. What business problem does tool & equipment tracking solve? • Reduce losses due to: – Theft, hoarding, duplication or misplaced • Increase productivity – Eliminate down time searching for tools – Ensure tools and consumables are in stock when needed – Reduce time spent issuing and returning assets • Reports – Provide detailed reports for management and accounting • Multi job site support – Track tools and equipment between job sites August 28, 2014 9
  • 10. What is new with ToolHound 5? ToolHound 5 has been completely redeveloped from scratch using the latest Silverlight technology. Updates to: • Inventory • Transactions • Locations • Purchasing • Service • Internal Billing • External Rental August 28, 2014 10
  • 11. Can ToolHound 5 work in remote areas? • Remote support – Track tools and equipment between job sites using cloud based browser or company intranet. – Enter data remotely on handheld and sync later – The ToolHound SecureCrib uses RFID to provide automated tool is.sue and returns. No attendant required August 28, 2014 11
  • 12. What is the typical ROI? • Assume 50,000 transactions a year for tool check in/check out process – Time Saved by Tradesman at a rate of $22/hour, saved = $9,167 per year. – Workers are getting their tools 50% faster $8,000 per year. – Annual Physical Count in half the time and save an average of $3,000 per year. – Average company spends 1.5 hours per day looking for tools, ToolHound cuts this time by at least 50%, for $3,000 per year. – Reduction of Tool Loss $5,000 saved annually. – tools are retrieved, instead of replaced, $5,000 saved per year. – 5% reduction by shedding excess inventory, $25,000 – TOTAL AVERAGE SAVING = $58,167 in one year August 28, 2014 12
  • 13. Q& A ROUNDTABLE What are your question? August 28, 2014 13
  • 14. Thank you • Tech Support – Phone or email – 8:30 AM – 6:30 PM EST – Online Knowledge base • Services – OnTrack • On site installation and configuration – Custom Development • Custom reports or specific feature enhancements. Contact me for more information Graham Cooper Senior Account Executive ToolHound Inc. 800-387-8665 ext 104 Graham.cooper@toolhound.com August 28, 2014 14
  • 15. BACKGROUND SLIDES ON TOOLHOUND 5 August 28, 2014 15
  • 16. Inventory / Asset Control • Tracks equipment, hand tools and consumables • Standardized part catalog • Master record for each item – Part number – Description – Unit number (for larger assets) – Category – Purchase date and vendor • Maintains quantities of each item at each site • Transaction history for each item August 28, 2014 16
  • 17. Main Inventory Screen August 28, 2014 17
  • 18. Issue and Return • Using bar code/RFID scanners, tools and equipment can quickly and easily be issued and/or returned • Employee certification ensures that employees have received proper training on equipment, reducing accidents and damaged equipment • Multiple sites can receive and issue equipment August 28, 2014 18
  • 19. Individual Inventory Screen August 28, 2014 19
  • 20. Maintenance • Maintenance can be scheduled based on either usage, regular time intervals or metered usage • Work orders automatically generated • Track work order status • Track maintenance related expenses • Track equipment sent out for external repair • Reduce break downs, increase equipment life and improve safety August 28, 2014 20
  • 22. Replenishment • Automated purchase order report generation based on minimum inventory levels • Automated receiving • Manual ordering and receiving • Track backorders • Supports multiple locations/tool cribs • Advanced reporting August 28, 2014 22
  • 23. Purchase Order Screen August 28, 2014 23
  • 24. Scanners Dolphin 99EX Windows mobile Psion Workadbout PRO RFID & Bar Codes ToolHound Kiosk self serve scanner RFID or Bar Code August 28, 2014 24
  • 25. ToolHound SecureCrib The ToolHound SecureCrib uses RFID to provide automated tool issue and returns. No attendant required. Available with or without secure access control. August 28, 2014 25