A rotary slide moves blanks cyclically from stage to stage of a cutting and processing tool. Work pieces are transferred in and out of the tool, without moving the slide in and out of the tool. The slide has a plurality of transfer openings and a discharge opening. Individual processing stages, including a discharge stage, are designed as separate components that support one another. The stages are arranged about a rotating axis of the slide. The transfer openings and the discharge opening lie in a circular path that coincides with circular paths of active elements of the cutting stage, the processing stages and the discharge stage. The openings have a distance from one another that is identical to the distance of the active elements in the circular paths.