Can CNC Touch Probes be used Cutting Tool Compensation?

To machine components consistently and repeatedly with high levels of accuracy it is imperative that your cutting tools are maintained and performing correctly. Inevitably cutting tools will wear and it is not always necessary to replace worn tools as they may be perfectly useful. What needs to happen though is that tool wear needs to be compensated for. With the use of predefined routines, touch probes can be used to measure a whole range of cutting tools types, and subsequently make the necessary adjustments to compensate for tool wear.