Accounting and Financial Software
Software provides cost management for enterprise.
Press Release Summary:
Providing real-time, predictive product cost assessments throughout development and delivery process, aPriori v5.5 empowers manufacturing organizations to minimize cost of goods sold. Direct integration to CAD solutions allows program to calculate product costs every time designer makes change to model. Combined with routing capabilities, aPriori automatically determines lowest-cost production method, and enables users to model multiple product-cost scenarios.
Original Press Release:
aPriori v5.5 Enterprise Cost Management Platform Reduces Cost of Goods Sold for Discrete Manufacturing Organizations
Added Support for Sand Casting Manufacturing Processes Expands Capabilities for Real-time Product Costing
December 12 Webinar to Demonstrate How Manufacturing Organizations Can Drive Costs Out of Their Products Before Production
Concord, Mass. - December 4, 2007 - aPriori today announced the availability of aPriori v5.5, the newest version of its market-leading Enterprise Cost Management software platform. With innovative capabilities that provide real-time, predictive and precise product cost assessments throughout the development and delivery process, aPriori v5.5 empowers manufacturing organizations to significantly reduce cost of goods sold (COGS) by identifying quantifiable savings in material, tooling, labor and overhead while evaluating alternative designs, processes and sources.
The aPriori Enterprise Cost Management platform is patented technology that generates precise product cost assessments in real-time as a product is being developed. Direct integration to industry-standard CAD solutions allows aPriori to calculate product costs every time a designer makes a change to a model. aPriori's Virtual Production Environments capture the characteristics (processes, machines, cost structure) of a customer's (and/or a supplier's) factories to determine manufacturing or sourcing costs. Combined with innovative routing capabilities, aPriori automatically determines the lowest-cost production method, and provides users with capabilities to model multiple product-cost scenarios.
"aPriori generates precise cost assessments throughout the entire product development process to provide discrete manufacturing and product companies with new levels of visibility into the true costs of their products," said Eric Arno Hiller, Founder and Chief Product Officer at aPriori. "With the ability to better understand and manage product costs, aPriori customers are driving costs out of their products prior to production, significantly reducing costs of goods sold and improving overall financial results."
"In a very competitive market, achieving cost targets at product launch is a high priority. By having helped JLG capture significant savings in new and existing parts to date, aPriori has proven that it can help us achieve lower-cost product designs and avoid post-launch cost reduction programs," said Wayne MacDonald, Senior Vice President, Engineering at JLG Industries. "The new sand casting capabilities in aPriori v5.5 will enable us to drive cost out of new product designs as well as aid in the conversion of existing fabricated parts to castings."
New capabilities in aPriori v5.5 include:
Sand Casting - aPriori v5.5 adds Sand Casting support to its stable of rigorous, physics-based process models. With this new family of process models, aPriori has improved its ability to assess the cost of sand-cast products. The new Sand Casting module supports a variety of Sand Casting mold-making methods and a number of discrete Sand Casting sub-processes including material melting, core making, pouring, cooling/solidification, shake-out, cleaning, finishing and in-line inspection.
Tolerance and Roughness - Users understand the cost implications of tolerance and roughness specification. aPriori extracts tolerance and roughness information directly from the CAD model and generates cost assessments using these parameters.
Cross-Facility Costing - With aPriori v5.5, organizations can compute the costs for a single component manufactured across multiple internal or supplier factories.
Enhanced Cost Analysis & Scenario Modeling - To improve sourcing decision-support, aPriori includes powerful scenario modeling and reporting capabilities for performing detailed analysis/comparisons between aPriori-costed parts and/or assemblies, third-party quotes and historical costing data. aPriori's configurable, spreadsheet-like interface allows users to focus on the cost metrics that are relevant to the current decision.
Register for the aPriori Webinar and Learn How to Drive Costs Out of Your Products Before Production
Join aPriori on Wednesday, December 12, 2007 at 2 PM EDT for a one hour webinar on Enterprise Cost Management, next-generation capabilities for generating precise, repeatable and relevant product cost assessments in real-time from design through production. Featuring the aPriori v5.5 Enterprise Cost Management Platform, this webinar will outline how manufacturing firms can:
Generate precise, repeatable and relevant product cost assessments in real-time from design through production
Measurably reduce product costs and Cost of Goods Sold to improve financial results
To register for the aPriori webinar, go to www1.gotomeeting.com/register/968607751 or visit www.apriori.com.
About aPriori
The aPriori Enterprise Cost Management software platform improves the financial results of discrete manufacturing and product companies by enabling them to actively control Cost of Goods Sold (COGS) with real-time, predictive and precise product cost assessments. aPriori's proven and patent-protected software platform allows companies to assess, control and reduce the cost of their products in real time, at any time during design, sourcing and manufacture. This enables companies to understand the cost impact of product design decisions earlier than ever before, reduce their Cost of Goods Sold, and improve operating margins. The aPriori platform is rapidly deployable across the extended enterprise, up and running in a matter of weeks generating cost assessments reflecting a customer's factories' and suppliers' capabilities. For more information or to view an online demonstration, visit www.apriori.com.
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc.
