Tooling, also known as machine tooling, is the process of acquiring the manufacturing components and machines needed for production.
The common categories of machine tooling include fixtures, jigs, gauges, molds, dies, cutting equipment and patterns. Proper tooling directly affects output capacity as well as product lifecycle, quality and pricing.
Having the right kind of tooling in place is extremely important for manufacturers. If the tools don't work properly, products are not manufactured correctly. Because of this, tool, die and mold manufacturers are essential to the success of all other types of manufacturers.