CONCORD, MA – November 11, 2015 – aPriori, a provider of enterprise product cost management (EPCM) software solutions today announced the immediate availability of aPriori 2015 R2. This second major software release of 2015 features the introduction of several important new cost models that will help manufacturers get quick answers to cost questions as they evaluate a variety of design alternatives that require Stamping, Machining, Casting and Finishing manufacturing processes to be created.
In a survey published by Techvalidate in August of 2015, more than 50% of manufacturers indicated that it takes 3 weeks or more to get a cost estimate for a new product design using traditional manual cost estimating techniques, or by requesting a quote from a supplier. Another 34% said it takes anywhere from 1 – 2 weeks to get a cost estimate. (Source: TechValidate. TVID: 490-81A-649) With more than 200 automated cost models in the core product, aPriori can provide answers to cost questions in seconds or minutes instead of days or weeks.
aPriori 2015R2 feature several significant advancements to our core automated cost model portfolio, including:
aPriori also continued to underscore its commitment to the implementation of global, enterprise costing solutions by introducing several important new capabilities that facilitate system setup and maintenance, including:
“All of the new capabilities we launched in this release were developed in close partnership with our expanding global customer base,” said Julie Driscoll, vice president of strategic marketing and product management. “Customers such as Whirlpool, ThyssenKrupp Elevator, Honeywell Aerospace and Nacco Material Handling Group (NMHG) are just some examples of the different types of companies that we work with to develop new capabilities that can accelerate the costing process and help companies cost optimize a higher percentage of parts than they are today using manual or home-grown costing solutions. aPriori 2015R2, along with the announcement of a major expansion to our Regional Data Libraries, represents another big step forward in our mission to provide real-time visibility to product cost that helps a manufacturer get from concept to customer faster, with a better product, while their competitors are still guessing.”
aPriori software and services generate hard-dollar product cost savings for discrete manufacturing and product innovation companies. Using aPriori’s real-time product cost assessments, employees in engineering, sourcing and manufacturing 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 avoid overpaying for sourced parts. To learn more about aPriori and its product cost management solutions and services, visit www.apriori.com or call 1.978.371.2006. To see an overview demonstration of aPriori, click here.
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.
Vice President, Marketing