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Tooling Marketplace provides significant savings to companies searching for new cutting tool materials at a discounted price. Buyers can search the online listing database for the products they need and purchase them at a reduced price directly from the seller. This provides manufacturers and end users with greater flexibility because they can more easily acquire unique cutting tools they need for specific projects from other distributors and manufacturers from around the country. Sellers enjoy higher profit returns compared to traditional liquidation methods such as scrap metal recycling. Additionally, buyers can benefit from significant discounts on new unused products that were once inaccessible to the average cutting tool consumer. Tooling Marketplace benefits all levels of the manufacturing community including manufacturers and distributers. These companies can recover losses on old unused inventory by liquidating excess cutting tool supplies to turn a more significant profit.

How ToolingMarketplace.com is Fostering Sustainable Growth in the Cutting Tool Industry

One company is taking steps to create healthy growth within the U.S. cutting tool industry thanks to an innovative online marketplace platform. The U.S. Cutting Tool Institute (USCTI) is reporting a strong positive outlook for 2015 and beyond. As the economy continues to build momentum again, new projects and jobs continue to become available. At ToolingMarketplace.com, we value our customers and are committed to supporting sustainable growth in the industrial community through our innovative services and solutions which an efficient and cost-effective method for liquidating surplus product and sourcing materials at a reduced price. Through an innovative online platform, ToolingMarketplace.com fulfills an unmet need by offering business –to-business online solution for buying and selling surplus cutting tools. The website enables buyers to search listings from many different sellers for the exact equipment they need including carbide inserts, endmills, drills, taps, milling tools, turning tools, boring, bars, rotating tool holders, drilling tools, rotary boring tools, and other machine tool accessories. All sales are managed safely and efficiently so buyers and sellers can conveniently and securely interact with one another resulting in significant savings on high-quality equipment for both the buyer and the seller. Helping Companies Reduce Losses ToolingMarketplace.com benefits all levels [...]

By | 2017-01-01T11:25:07+00:00 December 15th, 2015|Tooling Marketplace|Comments Off on How ToolingMarketplace.com is Fostering Sustainable Growth in the Cutting Tool Industry

Gain a Competitive Edge with ToolingMarketplace.com

As customer demand for quality and value increases, manufacturers can gain an edge on the competition by purchasing cutting tool supplies through an innovative online marketplace. Today’s manufacturing market requires higher product standards than ever before. Customers expect products to meet exacting standards while maintaining competitive pricing. Furthermore, the growth of the internet has created a global market that allows manufacturers to connect with customers worldwide but also requires more assertive pricing strategies. To stay ahead of the increasing pool of industry competition, manufacturers must continually improve their craftsmanship, accuracy, and optimize their pricing structure. Set Your Company Up for Success To succeed in this environment, companies must commit to ongoing product improvements, performance standards, and supply management. Fortunately, there is a new online marketplace that supports manufacturers in this endeavor. Toolingmarketplace.com is an innovative online market that allows companies to purchase and sell surplus cutting tool inventory at a discounted price. The website allows buyers to search listings from many different sellers for the exact equipment they need including carbide inserts, endmills, drills, taps, milling tools, turning tools, boring, bars, rotating tool holders, drilling tools, rotary boring tools, and other machine tool accessories. All sales are managed safely and [...]

By | 2017-01-01T11:25:16+00:00 December 1st, 2015|Tooling Marketplace|Comments Off on Gain a Competitive Edge with ToolingMarketplace.com

Cutting Tool Industry Looks Forward to Growth in 2015

Recent reports from the cutting tool industry predict strong sales and growth going into the rest of 2015 for the market as a whole. Financial forecasts for the U.S. cutting tool industry are strong according to a recent report from the United States Cutting Tool Institute (USCTI). According to sales estimates for 2015, cutting tool manufacturers and distributors have reason to be optimistic about the future. Results of a survey of USCTI members show that 23% more industry members are positive about the sales growth in 2015 versus last year and expect the trend to continue into the coming year. This is great news for both cutting tool manufacturers and distributors. Record sales result in additional profits and job growth which boost the industry overall and help sustain market growth. Industry sales revenues were up over 30% from last year and sales revenue forecasts for this coming year are estimated 10% higher. What does this mean for manufacturers and distributors? The optimistic sales forecasts for 2015 are great news for both manufacturers and distributors of cutting tools. As customer demand increases, additional cutting tools will be needed. Distributors have a better opportunity to move new product while continuing to liquidate [...]

By | 2017-01-01T11:25:32+00:00 October 20th, 2015|Tooling Marketplace|Comments Off on Cutting Tool Industry Looks Forward to Growth in 2015

Getting Started as a Seller with ToolingMarketPlace.com

It is easy and simple to create an account with ToolingMarketPlace.com so you can quickly begin liquidating unused surplus cutting tool inventory. ToolingMarketPlace.com offers sellers the opportunity to liquidate surplus cutting tool inventory easily and conveniently online. This enables companies to save money they would otherwise have to write off as a loss or sell to scrap dealers for a nominal price. This online service is making a big difference for buyers and sellers alike as it tackles one of the cutting tool industries oldest problems and delivers a convenient and simple solution! So now that you have found the website and have decided to take advantage of the service, you may be wondering where you actually begin. The process is actually quite simple and you will find that you can be up and running in no time at all. Where to Begin The first step you need to take towards liquidating your surplus cutting tool inventory is to create a user and then log onto www.ToolingMarketPlace.com to create an account. This will take just a few minutes of your time and then creates a useful dashboard to track your account activity. Once you have created an account, you need [...]

By | 2017-01-01T11:25:42+00:00 September 9th, 2015|Tooling Marketplace|Comments Off on Getting Started as a Seller with ToolingMarketPlace.com

Solve Your Surplus Inventory Problem with ToolingMarketPlace.com

A Chicago-based business venture addresses the long-time industry problem of easily liquidating surplus cutting tool inventory for a profit. At the root of our business culture today is the need for creative problem solving. Take a look at any of the most successful companies in the United States and consider what they all have in common: they offer a unique solution to a specific problem. Whether it is by creating innovative communication devices, offering much needed health and medical services, or delivering effective business services, the top companies have all found a way to fill a need or solve a problem. This process is exactly how ToolingMarketPlace.com came to be. How We Began – The Problem ToolingMarketPlace.com was started by the experienced team at Industrial Surplus Solutions, Inc, based in Chicago, IL. Our team leadership brings over 100 years of industrial experience within various industry facets including distribution, manufacturing, sales, marketing, and management. The online service was created as an answer to a long-time industry issue: the negative costs and effects of surplus inventory. The primary objective of ToolingMarketPlace.com is to provide an efficient and cost-effective method for liquidating surplus product through the use of innovative online programs and technology. [...]

By | 2017-01-01T11:25:46+00:00 August 20th, 2015|Tooling Marketplace|Comments Off on Solve Your Surplus Inventory Problem with ToolingMarketPlace.com

Cutting Tool Buyers Enjoy Significant Savings at ToolingMarketPlace.com

Cutting tool buyers now have access to an innovative new website that allows them to find the product they need at a reduced cost resulting in significant savings and higher profits. In order to stay ahead in today’s fast paced business market, it is important to be aware of ongoing changes and updates within your industry. Companies can offer a strong reputation, high-quality products, and exceptional customer service and still fall behind if they do not stay in touch with changing market trends and new resources available. That is why we are so excited to share a new service now available to cutting tool customers that will bring greater profits and purchasing power to help your business be more successful: www.ToolingMarketPlace.com. Purchase Cutting Tools for Less ToolingMarketPlace.com is a convenient and secure online marketplace where cutting tool customers can go to purchase and sell surplus cutting tool inventory. Rather than having to purchase expensive wholesale quantities of supplies from distributors, cutting tool buyers can now access available inventory from a wide array of distributors within the industrial community and purchase only what they need at a discounted price.   This can lead to significant savings for buyers since they are able [...]

By | 2017-01-01T11:25:48+00:00 August 11th, 2015|Tooling Marketplace|Comments Off on Cutting Tool Buyers Enjoy Significant Savings at ToolingMarketPlace.com

Increase Profits and Customer Satisfaction with ToolingMarketPlace.com

A new online service offers substantial savings advantages to industrial distributors of cutting tools. Do you have a significant surplus inventory sitting on hand doing nothing but depreciating? It doesn’t make financial sense to continue to hold on to old inventory that will never be used or sold, but there are few options for distributors to liquidate unused supplies besides selling for minimal compensation through scrap metal dealers or online auctions. This creates a difficult situation for industrial cutting tool distributors looking to maximize profits and minimize losses. Get Direct Access to Potential Buyers with ToolingMarketPlace.com Thankfully, there is now a new option that easily puts distributors in contact with a marketplace of potential buyers. ToolingMarketPlace.com connects buyers and sellers of cutting tools. Through the website, distributors can sell surplus inventory directly to buyers and end users. This provides distributors with a significant opportunity to recuperate surplus costs that normally would have been written off at bottom-dollar. The process is simple. Distributors register with ToolingMarketPlace.com and are able to easily post any surplus inventory they wish to sell. These listings are then instantly available to a marketplace of potential buyers looking for cutting tools. Transactions through the website are secure [...]

By | 2017-01-01T11:25:50+00:00 July 30th, 2015|Tooling Marketplace|Comments Off on Increase Profits and Customer Satisfaction with ToolingMarketPlace.com

ToolingMarketPlace.com Connects Buyers and Sellers of Machine Cutting Tools

For the first time, a new website brings together buyers and sellers of machine cutting tools in a uniquely convenient and cost-effective manner. Imagine, a $3.6B industry in the United States with no viable solution for over $1.0B in surplus and overstock goods. That is what manufacturers and consumers in the U.S. Cutting Tool Industry have been experiencing in recent years. With so much excess inventory, businesses within the machining industry were vulnerable to large losses in connection with unused goods. Earn more than pennies on the dollar! In the past, when a machining company updated to new versions of insert chipbreakers or grades they had no good way to manage the resulting surplus inventory. Many industry companies turned to tool recycling or scrap metal recycling companies to unload the inventory. Although it is good for the environment, the metal recycling programs are not cost-effective because they only pay about $.10 on the dollar. For most manufacturing companies, this did not result in a significant source of revenue. If materials were not recycled, inventory simply built up in warehouses and stockrooms nationwide – waiting to be managed at a later time. With no viable solution, the cutting tool surplus simply [...]

By | 2017-01-01T11:26:04+00:00 May 13th, 2015|Tooling Marketplace|Comments Off on ToolingMarketPlace.com Connects Buyers and Sellers of Machine Cutting Tools

ToolingMarketplace.com Increases Bottom Line Profits for Manufacturing Companies

An innovative new website helps manufacturing companies reduce losses by offering unused cutting tool inventory directly to online buyers. The manufacturing industry experiences constant change which can have a significant impact on a company’s budget and income. Whether a manufacturer gains a client, loses a client, or a client requests changes or adjustments to current product designs, the manufacturing company is required to adjust their cutting tools to meet the new demand. When this occurs, the manufacturer is left holding outdated tools in their inventory and footing the bill for new cutting tools. No Longer Settle with a Business Loss In the past, unused cutting tool inventory was considered a business expense and companies simply had to cut their losses and move on. The expense of these changes cut into profits, but there seemed to be no way around it. Furthermore, the expense and hassle of storing tools that were no longer used was also a recognized business loss. With few viable options for storing or recycling the product, companies simply accumulated unused inventory. However, thanks to the innovative new services from ToolingMarketplace.com, manufacturers can now buy and sell cutting tool inventory directly with other suppliers, manufacturers, and end users. [...]

By | 2017-01-01T11:26:04+00:00 May 13th, 2015|Tooling Marketplace|Comments Off on ToolingMarketplace.com Increases Bottom Line Profits for Manufacturing Companies

Increase Work Quality and Profitability with High Quality Carbide Inserts

Tungsten carbide inserts offer high quality results for those in the Cutting Tool Industry and can now be purchased at a fraction of the original cost through ToolingMarketplace.com.  Within the machining industry, the quality of tools used directly affects the quality of the finished product. Consequently, those in the Cutting Tool Industry know that in order to remain competitive within the market, it is important to have the right equipment. These may include carbide inserts, endmills, drills, taps, milling tools, turning tools, boring, bars, rotating tool holders, drilling tools, rotary boring tools, and other machine tool accessories. The Benefits of Carbide Inserts What makes these tools so unique is the material they are made from. Not just every tool can cut through hard materials such as carbon steel or stainless steel. For these kinds of projects, the best material to work with is a tool made from tungsten carbide. Tools made from carbide are able to cut through difficult materials when other tools would wear away. In addition to strength and endurance, carbide inserts allow for more precision and faster machining at higher temperatures than other cutting tools. Overall, tungsten carbide inserts are the most popular for machine cutting. The [...]

By | 2017-01-01T11:26:05+00:00 May 13th, 2015|Tooling Marketplace|Comments Off on Increase Work Quality and Profitability with High Quality Carbide Inserts