Real-time Access to Product Cost Information Drives Better Engineering, Manufacturing and Sourcing Decisions
CONCORD, Mass. -- aPriori today announced that Manitowoc Foodservice, a leading global manufacturer of commercial foodservice equipment, has selected the aPriori Product Cost Management Platform to support its product cost reduction initiatives. With aPriori, Manitowoc Foodservice will increase its ability to drive costs out of its products both pre- and post-production using real-time product cost assessments that are generated automatically throughout design, sourcing and manufacturing processes.
“With aPriori, manufacturing companies have a better understanding of how much a product should cost to produce at every phase of the development process. Using our real-time cost information, our customers eliminate the wait for internal cost estimates, speeding development timelines while keeping product costs under control,” said Stephanie Feraday, President and CEO of aPriori. “With Manitowoc Foodservice, another leading manufacturing company joins the aPriori family. We look forward to helping them exceed their product cost reduction goals.”
The aPriori Product Cost Management Platform is the first software solution to provide discrete manufacturers and product companies with real-time, predictive and precise product cost assessments throughout the development and production process. aPriori’s revolutionary cost management capabilities empower organizations to identify quantifiable savings in material, tooling, labor and overhead when evaluating alternative designs, manufacturing processes and sources.
About Manitowoc Foodservice
Manitowoc Foodservice, a division of The Manitowoc Company, Inc., designs, manufactures and supplies best-in-class food and beverage equipment for the global foodservice market. Manitowoc Foodservice offers customers unparalleled operator and patron insights, collaborative kitchen solutions, culinary expertise and world-class implementation support and service, whether locations are around the corner or across the globe. With operations in the Americas, Europe and Asia, the company has a portfolio of best-in-class brands including Cleveland, Convotherm®, Delfield®, Fabristeel, Frymaster®, Garland®, Jackson, Kolpak®, Kysor/Warren®, Kysor Panel Systems®, Lincoln, Manitowoc® Ice, McCall®, Multiplex®, Merrychef®, Servend® and Scotsman® Beverage Systems. For more information visit www.manitowocfsg.com.
About The Manitowoc Company, Inc.
The Manitowoc Company, Inc., (NYSE: MTW) is one of the world’s leading providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. It is also a leading provider of shipbuilding, ship repair, and conversion services for government, military, and commercial customers throughout the U. S. maritime industry.
About aPriori
aPriori software and services generate hard-dollar product cost savings for discrete manufacturing organizations. Using aPriori’s real-time product cost assessments, employees in sourcing, manufacturing and design engineering make more-informed decisions that drive costs out of products pre- and post-production. With aPriori, manufacturers launch products at cost targets, maximize savings in re-work projects and never overpay for sourced parts.
To learn more about aPriori and its product cost management solutions and services, visit www.apriori.com or call 1.978.371.2006.
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.