What type of system utilizes electronic sensors and bar codes to identify each individual tool?

The type of system that utilizes electronic sensors and barcodes to identify each individual tool is an Electronic Tool Accountability System. This system enhances tool management by employing technology to track and monitor tools accurately. The combination of electronic sensors and barcodes allows for real-time tracking, ensuring that each tool can be uniquely identified and managed throughout its lifecycle.

This system significantly reduces the risk of losing tools and helps with accountability, as each tool can be linked to specific personnel or work areas. It provides detailed data on tool usage, maintenance needs, and location, which contributes to efficient operations and proactive maintenance scheduling. The focus on electronic monitoring brings greater precision and reliability compared to manual systems.

In contrast, manual accountability systems rely on physical checks and may be prone to human error, while tool tracking systems might not utilize the same level of technology and automation as the electronic system does. Digital inventory management generally deals with managing overall inventory and may not specifically focus on accountability for each tool in a manner that captures their individual usage and history as the Electronic Tool Accountability System does.