The aPriori Product Cost Management Platform
Reduce Your Product Costs with aPriori
The aPriori Product Cost Management Platform is the first software solution to provide discrete manufacturers and product companies with real-time product cost assessments throughout the entire development and production process.
Click here to download the aPriori Product Cost Management Overview datasheet.
aPriori’s revolutionary cost management capabilities empower organizations to identify quantifiable savings in material, tooling, labor and overhead while evaluating alternative designs, processes and sources. By generating cost assessments early in the product development process, aPriori customers drive significant costs out of their products prior to production, reducing Cost of Goods Sold (COGS) by whole percentage points and improving the overall financial results of the company.
Through an innovative, patented understanding of how product design, materials and manufacturing processes translate into product costs, aPriori replaces traditional, inefficient cost-estimation techniques (such as activity-based costing, contract quoting or statistical analysis) with precise cost assessments that update in real-time as parameters change. aPriori provides true cost visibility to everyone in the organization that impacts cost -- designers, manufacturing engineers and planners, purchasing and sourcing professionals, cost managers, program management and executives.
Next-Generation Capabilities for Automated Product Costing
- Real-time Product Cost Assessments enable organizations to identify quantifiable savings in material, tooling, labor and overhead while evaluating alternative designs, processes and sources. Through a patent-protected understanding of product design information, production facility capabilities, cost structure data and customer-specific cost accounting methodologies, aPriori provides predictive and precise product cost assessments throughout the entire development and production process.
- Comprehensive Manufacturing Process Support aPriori currently supports and comprehensive and constantly expanding suite of manufacturing process cost models, including a wide variety of sheetmetal, bar & tube, stage tooling and welded assembly operations. aPriori also supports numerous casting processes, injection molded plastic processes, multi-axis machining, and a significant number of surface treatment or finishing operations.
- Enterprise-Wide Cost Visibility provides real-time cost information to all functional groups that contribute to product costs. aPriori creates a system of record for product cost information, enabling design, manufacturing, procurement and product/program management to interact with a single platform to assess and manage product costs – from concept through delivery.
- Virtual Production Environments (VPEs) model the capabilities of real-world production facilities to determine the precise cost to manufacture or source a product. Representing an organization’s (or a supplier’s) actual factories, VPEs capture the manufacturing processes supported in that facility, machines required to support those processes, and the factory’s cost structure (labor and overhead rates, machine rates, material costs, etc.).