A spline rolling rack assembly for cold-forming external surface configurations upon a metal workpiece is provided, having a durable carriage of the type secured upon a reciprocating slide assembly, a perishable rack insert that is removably secured upon the carriage, a locating key disposed between the rack insert and the carriage for properly aligning the rack insert upon the carriage, a locating assembly disposed upon the carriage and engageable with the rack insert for assisting in properly aligning the rack insert and the carriage between load and work positions, and multiple clamping assemblies disposed within said carriage for releasably securing the rack insert upon the carriage. The perishable rack insert is designed for quick and convenient replacement, reducing maintenance cost and idle time for these devices. The single-use insert relieves inventory burden and ensures that replacement tools are ordered in a timely manner.