Corporate Wide Purchase by Polaris increases visibility to product cost across design, manufacturing and sourcing.
Concord, MA, September 24, 2007 – aPriori, the leading provider of enterprise cost management solutions for discrete product and manufacturing companies, today announced that Polaris Industries Inc., a recognized leader in the snowmobile industry, one of the world’s largest manufacturers of ATVs and the manufacturer of Victory motorcycles, has made a corporate-wide purchase of aPriori’s Enterprise Cost Management Software Platform. Polaris will be deploying the aPriori Platform globally across the snowmobile, ATV, Polaris RANGER and motorcycle product lines.
Polaris’ decision to purchase aPriori was based on a highly successful initial project proving that the rich and timely cost information from aPriori could be used to reduce their product costs and minimize their product redesign costs.
“aPriori enables us to clearly understand the cost of parts before they are manufactured, reduce our design cycle time and allows our purchasing department to have fact based negotiations with our suppliers” stated Dave Longren, Chief Technical Officer of Polaris Industries “The aPriori Enterprise Cost Management Platform allows us to realize hard dollar savings across our product lines and positively impact the profitability of our company.”
“We are excited that one of the most successful powersports manufacturing companies in the world has made such a significant investment in our technology,” said Frank V. Azzolino, President and CEO of aPriori. “The ability to determine product cost early and confidently manage towards established cost targets is critical for a manufacturing company in today’s competitive markets. Even a small reduction in Cost of Goods Sold results in a significant increase in operating margins and profitability.”
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. 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, visit www.apriori.com.
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies, Inc. Polaris, Victory Motorcycles and Polaris RANGER are trademarks or registered trademarks of Polaris Industries, Inc.
aPriori Media Contact:
John Busa
Vice President, Marketing
978-371-2006
jbusa@apriori.com