Discrete,Manufacturers,Reduce, technology Discrete Manufacturers Reduce Product Costs Through aPriori
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According to Frank Azzolino, President of aPriori Technologies, Real time, predictive cost assessments are required to allow discrete manufacturers to reduce product costs, drive profits and support. One of the reasons for this is the inherent disconnect between the goals and objectives of the product-centric engineering constituents and a companys financially based business objectives. There is no better example of this disconnect than the stark difference between the language of engineering and the language of business. MCAD and PLM have historically focused on the engineering and design aspects of product delivery. The language of engineering as spoken by MCAD and PLM is based on physical attributes of the product and technological capabilities of the software solutions used.The language of the business is time and money. It is no secret that the profit motive is what drives critical company decisions. It is also no secret that much of a products ability to achieve the expected financial goals is driven by design and manufacturing decisions that occur very early in and continually throughout the product delivery process. The holy grail of collaboration is meaningless if the parties are not speaking a common language. The lingua franca that translates the language of engineering into the language of business is cost, specifically, product cost.Extending beyond the design engineering value, accurate product cost estimates offload the estimating burden from manufacturing engineers and planners already challenged with demanding production schedules, decreasing capital investment, and a dwindling experience base. In addition, predictive cost assessments offer procurement and sourcing professionals a much needed should cost from which to make better, more efficient sourcing decisions while negotiating from a fact-based position. Finally, program and project management benefit from real time visibility to product cost information continually throughout the product development and delivery process thus avoiding the sudden shock of bad news late in the process.The result, product cost knowledge, is the common language spoken across the enterprise and is clearly focused on the business goals (as opposed to parochial product or feature oriented goals) that reduce costs, increase margins and contribution, drive profits and support growth.Based in Concord, MA, aPriori (www.apriori.com) is the technology leader providing innovative cost management solutions to the discrete manufacturing industry. aPrioris Cost Management Software Platform enables manufacturers to better understand product cost decisions early and throughout the product lifecycle. aPrioris Cost Management Platform empowers manufacturers to lower cost-of-goods sold (COGS), provides real-time visibility to cost-critical decision information, and builds critical cost knowledge to go on the business offensive. aPrioris patent-protected cost management platform allows companies to assess, control, and reduce cost of goods sold by whole percentages. The aPriori Platform truly enables Cost Knowledge Before it Matters.aPriori has customers in a variety of industries including High Technology, Industrial Equipment, Automotive, and Heavy Machinery. Recent aPriori customers include John Deere, Panasonic, Thomas & Betts, JLG, Wrobel Engineering, and Dana Corporation.aPrioriwww.aPriori.comJohn Busa[email protected]978-371-2006
Discrete,Manufacturers,Reduce,