Machine Shop Growth
The Machine Shop Growth Podcast gives a fresh perspective to help you grow your shop by focusing on 3 key factors - Sales, Marketing and Efficiency. For decades the machine shop industry was build on a “good-ol-boys” mentality and was full of great machinists and engineers that made great parts. What has been discovered is many of those amazing shops have plateaued or are starting to decline - because they didn’t put enough emphasis on getting more work and making more money with the work they had.
On this podcast you will hear first hand advice from machine owners and mangers how they are getting more work and how they are making more money. Now let’s Grow Your Shop!
Machine Shop Growth
Episode #29: Tool Holders, Setup Time, and the 80/20 Rule for Machine Shop Growth
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Setup time is stealing more money from your shop than you think.
In this episode of the Machine Shop Growth Podcast, Kirk Phelps digs deeper into standardization—specifically, tool holders, tooling storage, inventory systems, and the 80/20 rule that every machine shop should be using.
Most shops don’t lose efficiency because people aren’t working hard.
They lose efficiency because too many variables are left up to chance.
Different tool holders.
Unclear standards.
Tools scattered across drawers and toolboxes.
Operators searching for what should already be ready.
Setups taking longer than they need to.
Kirk breaks down why standardizing your tooling and tool holders is not about making your shop rigid. It is about removing unnecessary decisions, reducing mistakes, improving repeatability, and giving your team a better system to work from.
In this episode, you’ll learn how to:
- Build a master tool list around standard holders
- Reduce setup time by eliminating unnecessary variables
- Choose tool holders based on application, not habit
- Use tooling inventory systems to save time and money
- Track tooling usage by job, part, machine, and operator
- Apply the 80/20 rule to process improvement
- Turn spindle downtime into more production time
Kirk also shares real examples of tool holder decisions that doubled tool life, reduced downtime, and helped shops make better decisions based on data—not guesswork.
If your team spends too much time looking for tools, reworking setups, chasing holders, or saying “this is just how we’ve always done it,” this episode is a practical wake-up call.
Because the fastest ROI in your shop may not come from buying another machine.
It may come from standardizing what you already do every single day.