Smart cord for corded power tools

A smart cord for a corded power tool, comprising:

• a connectivity module having a housing provided outside the power tool that is connected to the corded power tool via an Alternating Current (AC) outlet cable at one end and to a power socket through an Alternating Current (AC) power cord at the other end;
• a plurality of sensors disposed within the housing of the connectivity module;
• a GPS module disposed within the housing of the connectivity module and coupled with at least a location sensor for determining a set of coordinates associated with the corded power tool;
• and
• a switching device electrically coupled with a controller unit in the connectivity module, and configured to cause interruption in power supply in response to an alert signal from the controller unit;
• and
• a user interface device in communication with the controller unit by a communication module;
• wherein the controller unit is configured to execute steps comprising:
• receiving input signals from the plurality of sensors;
• determining based on the received input signals whether an operational parameter associated with the corded power tool exceeds a threshold parameter:
• determining based on the set of coordinates whether the corded power tool is located inside a predetermined boundary area or outside the predetermined boundary area;
• and
• generating and transmitting an alert signal to the user interface device and to the switching device to cause interruption in the power supply if the set corded power tool is determined to be outside the determined boundary area.