For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money. From a wall filled with adjustment charts, operators reference torque values based on specific collet series holders and tool diameters. Then they must locate the appropriate torque wrench, unlock it, set its torque level and re-lock it before tightening a toolholder’s collet retention nut. This complex procedure leaves many shops scrambling to regain precious lost production time – and often leads to inaccurate torque settings that can damage toolholders and, in some instances, impact workpiece precision negatively.