3. Efficiency
Finally, efficiency is a significant factor that is not reflected in the upfront cost of a tool. As noted above, tools that are designed for a particular task have added safety features to enable the prolonged safe use of a tool by a worker.
In terms of efficiency, this means that an optimised tool can be used for longer periods than a cheaper alternative. By ensuring workers are equipped with the appropriate tools for the job, they are able to be more productive, resulting in less downtime and fewer delays.
As well as increasing efficiency on site, having better quality tools also increases efficiency within your toolpark too. This is because you are unlikely to require as many duplicate items to cover tools that are out of action due to requiring repairs, ultimately meaning you need less storage space and maintenance provisions.
A more efficient toolpark reduces overall costs, with significant savings made on hidden costs such as maintenance, administration, hiring replacement tools and productivity loss from tools that quickly lose efficiency or are outpaced by modern technology tools available.
There are significant benefits to having higher quality tools in your toolpark, with optimised equipment increasing reliability, safety and efficiency while also reducing the overall costs for your business.