aPriori is a software company located in Concord, Massachusetts that develops and markets product cost management software. The company was founded in 2003. Since then, we have invested 75 man-years of development into our product and acquired numerous world class manufacturing corporations as customers.
Fundamentally, 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. As a result, aPriori customers significantly reduce product costs and measurably improve overall financial performance.
Even best-in-class manufacturing companies can miss their cost targets when launching new products. With aPriori, engineers can explore more design alternatives earlier in the development process without sacrificing schedules. Within seconds of making a design change, aPriori provides a real-time assessment of how the change has affected the cost of the part or product. With access to real-time product cost information, engineers make better decisions that prevent costs from being designed into new products while reducing the need for changes later in development – when making changes is incrementally more expensive.
aPriori makes it possible for companies to ensure consistently optimal pricing for their outsourced parts and products. With aPriori’s real-time product cost information, sourcing professionals always know precisely how much a part or product “should cost” to produce. Access to precise “should cost” information enables sourcing experts to easily identify where they are overpaying for outsourced parts and to always negotiate the best deals with suppliers. The result is significant product cost savings en route to meeting (or surpassing) cost reduction goals.
For re-design projects, aPriori provides design engineers with instant cost feedback as they attempt to cost-reduce production parts. Designers can simply load parts to see what they cost today and then evaluate cost-saving, alternative designs using aPriori’s precise product cost information. Cost assessments are delivered in real-time as designs are modified, providing engineers with instant visibility into how the most recent change will impact overall cost. With aPriori, designers always know what it “should cost” to produce a design without having to wait for a formal cost estimate or supplier quote. As a result, engineers can evaluate more alternatives and make better decisions that ultimately result in lower product costs.
OEMs are looking to outsource business to suppliers, but demand accurate and detailed quotations. From the supplier’s perspective, it’s challenging to keep up with the number of business opportunities because generating accurate and detailed quotations is a manual, resource-intensive process. With aPriori, the time required to generate a detailed cost estimate can be reduced from days to minutes.