In this video Scott from the Eurotech engineering team demonstrates how to effectively manage tool life in CNC machining through the Human-Machine Interface (HMI). It highlights the importance of monitoring tool wear and usage to ensure optimal performance and prevent unexpected tool failures. Scott provides a step-by-step guide on setting up and utilizing HMI features to track tool life, including configuring tool parameters, setting alarms for tool wear, and interpreting data to make informed decisions about tool replacement. By implementing these practices, you can enhance machining efficiency, reduce downtime, and extend the lifespan of cutting tools.