The cost to calibrate torque tools can add up quickly. Learn how to choose the most cost-efficient calibration program for your company.
Torque tool calibration cost control does not normally appear to be a large ticket item--a few dollars here, a few dollars there. That is, until the true costs are analyzed. Many companies do not realize that their annual torque tool calibration costs may significantly exceed the torque tool purchase costs associated with acquiring new torque tools.
In the past few years, torque tool calibration technology has rapidly changed, and this has opened new calibration options for manufacturers. Knowledge of these options permits a more informed and objective decision on what is the best course for each company. But knowledge of options is not enough. A means of analyzing the costs and benefits, as fits each firm and operation, is essential to making the best business decision. A basic spreadsheet that can be used by any company to analyze costs can determine the best course for a firm to take.