Tooling Transfer Agreement

Geplaatst door MCautreels op 13 april 2021

Manor Tool – Manufacturing is an ISO 9001:2015 certified company that can help you with all your transfer tool requests. If you`re looking for other best practices for implementing the most effective transfer tools, download our free eBook “Everything you need to know about transfer tools.” There are a few scenarios where you wouldn`t need phase 2 of the tool transfer process. Let`s look at these… Why can the tools be moved from one factory to another? The tool and your product go hand in hand. Without tools, it would not be possible to make a consistent product on volume, which is why it is useful to take your tools with you – and in many cases, it is certainly an option. If third-party transmission tools leave production, make sure they are all compatible with your existing installation. Many companies validate transfer tools by analyzing the similarity of their new parts to existing parts and conducting gold sampling processes. If the tools are made, a good contract is very useful – later, the possession of the tools (you or the factory) can come into play, and if it is not clearly defined, this can be a problem. In addition, your tools have a tax obligation. If it is transferred, it may be in another tax area and there is therefore a legal procedure to reassess it. For international transfers, your tools must pass through China Customs. Errors in descriptions or documentation, even minor ones, can lead to significant delays.

There may also be import problems with the residual value of the tools – the tools have a lifespan and the older the tool, the harder it is to import. You are between suppliers, but you have decided not to use your old supplier anymore. It makes 100% sense to move your tools/forms out of their factory because it could do anything with them during this transition period. For example, run an off-the-book production of your products, which are then sold without your knowledge. I hope that will not happen, but for security reasons, it makes sense to be careful. In this article, we describe eight transfer tooling strategies that will allow you to get the best out of outsourcing your tool production.