CONCORD, MA – March 10, 2015 – aPriori, a provider of enterprise product cost management software solutions, today announced the latest release of its platform. aPriori 2015 R1 is designed to meet manufacturers’ growing cost management needs from product design and engineering, through strategic sourcing, manufacturing and assembly. The latest release provides more detailed cost estimates and flexible user controls to support sourcing activities and collaboration with suppliers. It also incorporates new capabilities for costing the increasing number of electrical components found in products across every industry today. The release is generally available immediately.
“In aPriori 2015 R1, we continue to evolve our platform to help manufacturers realize greater cost efficiencies and profits across a larger set of their products,” said Julie Driscoll, aPriori’s vice president of strategic marketing and product management. “In addition to enabling more employees to manage cost, we’re also providing manufacturers with the ability to cost more types of components. The new release also gives users more control to fine tune cost estimates to reflect the unique characteristics of their products and parts, as well as the capabilities of their suppliers. As a result, customers will be able to drive greater product cost efficiencies across their entire product lifecycle.”
The aPriori platform is architected to provide real-time cost information on parts and complete products. The software leverages CAD and intelligent cost models to quickly determine feasible manufacturing methods and product costs while generating detailed manufacturing analysis and cost estimates that quantify the impact of changes to product design, materials, manufacturing processes, volumes and location in real time. aPriori also enables manufacturers to leverage product cost data hosted in other enterprise applications to communicate product cost information between all functional organizations involved in product definition and delivery. This includes the import of complex engineering Bills of Materials (BOMs) from ERP, PLM and other enterprise applications. The system also includes enterprise-quality business intelligence capabilities that provide intuitive, role-based insights for design, engineering, manufacturing, value-engineering and sourcing executives and managers.
aPriori 2015 R1 expands on the platform with a number of new capabilities:
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.