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How to Get Lean: Cost Saving Tips for Manufacturers

How can manufacturing companies control costs? From procurement professionals looking to optimize their supply chain, to product makers looking to

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Cost Drivers in Manufacturing: Managing Complex Interactivity

Manufacturers are under more competitive pressure than ever before to adopt robust design-stage cost management practices like Design-to-Cost. Traditionally, engineers

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How to Set and Achieve Cost Targets to Increase Profitability

Setting and achieving the right cost target is essential for increasing profit margin wherever possible while staying highly competitive in

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How This Automotive Engineering Company Developed a Cohesive Cost Reduction Strategy

Getting to market quickly with a high-quality product can sometimes come at the expense of a cohesive cost reduction strategy.

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What is Design to Cost? An Overview with Examples

For manufacturers, cost-cutting is an ever-present goal: achieving lower costs while retaining the desired functionality means higher profit margins, more

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How to Use Fact-Based Negotiation to Get the Best Price on Existing Components

Conducting fact-based negotiations is an effective cost reduction strategy when sourcing existing components. In this post, I will explain how

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What to Look for in Manufacturing Costing Software

For manufacturers, inadequate cost modeling capabilities can drive serious business problems. Many manufacturers, for instance, are forced to no-bid potentially

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Six Key Trends and Takeaways that Affect Profitability and Time to Market

We recently conducted a survey of Industry Week’s and Machine Design’s discrete manufacturing audience. The primary goal of the survey

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Archive

Case Study: Implementing a Culture of Cost Awareness
Rick Burke | December 18, 2018

Learn how a premier global high tech electronics company saved millions by attacking their mechanical spend.

engineering_optimization

There is Something Missing from Engineering Optimization
Amanda Bligh | October 23, 2018

This post was co-authored by Ansley Barnard, ESTECO and Amanda Bligh, aPriori In more and more cases, optimization is being used to solve engineering problems. This includes examples of topology/topography optimization, parametric optimization and

cost_engineering

My Story: From Evaluating Cost Engineering Solutions to Building a Global Costing Methodology with aPriori
David Ondrias | September 5, 2018

I was an aPriori customer before I joined the team at aPriori four months ago. Now that I am part of the company, my experience as a customer will quickly become discounted going forward.

new_product_introduction

How Caterpillar uses aPriori in its New Product Introduction Programs
Rick Burke | August 16, 2018

Caterpillar has been a customer with aPriori for many years. They have aPriori product cost management deployments going on at the different divisions around the company and around the world. Steve Vito, a Supplier

cost_reduction_strategies

Circor Successfully Implements a Cost Reduction Strategy
Rick Burke | July 20, 2017 , , , , ,

Even best-in-class manufacturing companies can miss their cost targets when launching new products.

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