With so much choice in the cutting tool world, here at FORMAT we understand that it can be hard for customers to work out which cutting tool manufacturer to choose.

In our experience, six key factors that affect such an important decision include:
1.    The quality of the cutting tool itself
2.    How cutting tool distributors are chosen and monitored by the cutting tool manufacturer
3.    Breadth of cutting tool choice
4.    Speed of delivery of the cutting tool
5.    How the cutting tool manufacturer runs their business and is structured
6.    Cutting tools pricing policy

In this blog story we will focus on number six, our ‘Cutting tools pricing policy.’

FORMAT Tools. The Best of Both

Here at FORMAT Tools we are not trying to be the cheapest. But we are trying to be the best. 

What this means in the context of pricing is that FORMAT Tools will always aim to provide the right tool at a fair price.

Cheaper and poorer tools, we have learned can actually end up costing a manufacturer more in the medium and long term because of higher failure rates and because they are effective for much shorter periods of time. 

The importance of our customers getting the right tool and the right price every time is what we instil in our distributors right from day one. In the context of the FORMAT Tools approach to pricing, our customers really do experience the best of both.  

Very good quality at a good price.

FORMAT Tools – Price Versus Cost

When carefully selecting our FORMAT Tools distributors we make sure that they can offer help and advice to a really high standard. 

At FORMAT Tools we understand that maximising profitability for manufacturers by controlling the cost of consumables such as cutting tools is essential. Our distributor's goal is the same as those that use our tools – to get the right tool every time and at a fair price. Good help and advice aims to provide great prices in the short term as well as considered cost savings in the longer term too, based on the exact requirements of each individual job.