Polaris Industries Success Story
Polaris Industries was founded in 1954. They are a company that started off with the invention of the snowmobile. The company headquarters are in Minneapolis, Minnesota in the USA. Since their founding, the company has expanded to offer many other types of personal recreational vehicles, including All-Terrain Vehicles, Ranger Side-by-Side vehicles and Victory Motorcycles.
Polaris became an aPriori customer for the first time in 2007, and has expanded their use of the aPriori Product Cost Management platform each year since then. Watch the video below to learn more about how aPriori has reduced part and tooling product costs, and reduced time to market by eliminating the need for multiple quote cycles with their suppliers.
Video Highlights:
On the very first project, the Ranger XP Storage Box, Polaris cut design cycle time +50% and beat cost goals by +20%
In the first year of using aPriori:
Polaris saved more than $800,000 on product costs, and
identified cost avoidance savings of several million dollars
Other cost savings highlights
Over the past 3 years, Polaris has reduced annual tooling costs by 50%
Design to Cost - 50 new product initiatives per year use aPriori to meet cost targets
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