Administering sheet metal tooling features through standard libraries

We have a new Trumpf Turret punch which is due to be commisioned shortly and It has approximately 40 individual tools that produce unique features within sheet metal components.

It seems logical that we should perhaps set up some sort of feature libraries within Solidworks to correspond with each individual tool so that we don't deviate from standard tooling options.

I just wondered how other companies had tackled this issue.

SolidworksSheet Metal