I had to deal with the same issues in the military. The general mantra was: "In God we trust, all others must sign."  And sometimes it is the tool room worker who is the issue.

So far with hand tools we have been OK with shadow boards above the workbenches. I photocopied the tools and used polyurethane to secure them to the pegboard. Bigger issue with us is keeping the benches clean, calling "Tidy Time" helps but the biggest issue seems to be the volunteers themselves.

Big tools like the spoke dish can kept in a volunteer only accessible locking roll-away or in the case of the truing stand, bolted down.  It  would take some effort, but you can make a shadow board edged with 1" pine. Cone wrenches, screwdrivers, Wye wrenches, open end adjustable, etc. Sign out the set.

The traffic in the shop will always be a factor in monitoring tool movement along with the number of volunteers on shift.

Ron

On Sat, Apr 7, 2012 at 10:25 AM, MoBo Bicycle Co-op <mobobicyclecoop@gmail.com> wrote:
Hi Collective Brilliance! 

At MoBo, we were wondering how other bike co-ops cut down on tool theft. We check out a collection of tools to members which they sign in and out. These tools are reviewed at check in and out but that hasn't seemed to prevent tool theft. We aren't talking tire levers here; we are talking wheel dishing tools, truing stand and cone wrenches. We have turned the place upside down thinking they were misplaced but in most cases, they are gone. (Yes, even the truing stand). 

What have other bike co-ops done when they've encountered potential tool theft? What measures have you taken to stop it? 

Thanks in advance! 

Ellie Nava-Jones

--
MoBo Bicycle Cooperative
a project of The Village Green Foundation
1415 Knowlton St.
Cincinnati, OH
www.mobobicyclecoop.org

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