CUTTING TOOL WITH INTEGRATED CIRCUIT CHIP

摘要

A system manages a machine tool operation. The system includes a cutting tool, which includes a tool body; an integrated circuit chip securely mounted within the tool body and capable of being read and written upon; and a read/write device for communicating with the integrated circuit chip. The integrated circuit chip is an RFID chip. The tool body may be a mounting chuck, adapter, twist drill, thread tap, indexable drill, milling cutter or a square shank lathe tool.