Efficiency is a significant factor that is not reflected in the upfront cost of a tool. As noted above, tools that are designed for a particular task have added safety features to enable prolonged safe use.
In terms of efficiency, this means that an optimised tool can be used for longer periods than a cheaper alternative. By ensuring workers are equipped with the appropriate tools for the job, they are able to be more productive, resulting in less downtime and fewer delays.
It also increases efficiency within your toolpark, as you are unlikely to require as many duplicate items to cover tools that are out of action due to repairs - meaning you need less storage space and maintenance provisions.
A more efficient toolpark reduces overall costs, with significant savings made on maintenance, administration, hiring replacement tools and productivity losses (from tools that quickly lose efficiency or are outpaced by modern technology).
There are significant benefits to having higher quality tools in your toolpark, with optimised equipment increasing reliability, safety and efficiency - while also reducing the overall costs for your business.