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NAYLOR is not doing it wrong, I'm sorry. Additionally, please keep your disdain for America to yourself, I would think you'd have learned that by now as a contractor for the military.
I'd also suggest you travel the world a bit more, what NAYLOR mentioned is not uncommon here or anywhere in the world. Especially in facilities with thousands of workers, many whom are gypsies and vagabond.... contractors, walking about.
NAYLOR's being realistic and attempting to protect his investment, which is understandable. I'd personally, just not leave things laying about unsecured though.
Hahaha.
Might want to "check yourself before you wreck yourself" there Roots.
NAYLOR is doing it wrong.
I've been on all but two continents.
I've lived overseas extensively.
I've been in many many mfgr. facilities all around the world.
All of the above professionally and NOT as a member of the military.
The OP did not list what country he was working in (but McMaster Carr was mention, so I assume North America), but as you know tool theft is nothing new to any industry in any part of the world.
****** tools breed ****** mfg. which breeds ****** products and often injur those using them.
So, either make your employee buy all their own tools, set up a tool crib where tools are checked out and employees are held accountable daily for thier return, issue tools for each employee when employed with a ser. # and hold employee accountable for their return if/when employment is terminated, assign a shop foreman to control a limited amt. of general use tools, but hold that individual responsible for their return, or a combination of the above.
If company tools are "getting legs" and being stolen, then it's not the fault of the tool but the fault of mgmt's inability to control their property. Downgrading tool quality to the point of possible injury, production slow- downs or even downtime is attempting to cure the symptom and not the disease and is really just a band-aid over a much bigger problem..