The specification and drawings present a new method and a system for organizing and structuring a process of tool manufacturing with a reduced lead time. The manufacturing of the component tooling can be applied (but not be limited) to: mold tooling, injection mold tooling, diecast tooling, press tooling, etc. Several techniques or elements are methodically combined with the focus to reduce overall manufacturing time for tooling components comprising (but not be limited to) the following: a) standard parts are designed, pre-manufactured and stocked in a pre-hardened condition; b) custom 3D CAD libraries are created which represent the standard parts and only allow a tool designer to select standard parts which are held as a pre-manufactured stock; c) manufacturing fixtures are utilized which allow consistent and rapid setup of the pre-manufactured standard components for customized machining operations specific to a tool design.