Up to 34 per cent COGS Reduction Documented with aPriori

Released on = March 6, 2006, 5:40 pm

Press Release Author = John Busa

Industry = Software

Press Release Summary = COGS Reduction Up to 34% Documented with aPriori

Press Release Body = As discrete manufacturing companies experience increasing price
pressure from customers, rising supplier costs, overseas competition, and income
growth pressure from investors, they are forced to scrutinize product margins and
cost of goods sold (COGS) with renewed vigor. Across a variety of market sectors,
COGS are typically as high as 70-90% of revenue. The ability to directly reduce COGS
presents the opportunity to significantly impact a company\'s bottom line. According
to a recent industry analyst report in which 150 of the top US manufacturing
companies were surveyed, \"cost estimation and control\" were identified as
management\'s number one concern.

While credited with bringing much-needed productivity improvements to the discrete
manufacturing industry, existing MCAD, PLM and ERP products are primarily focused on
the promise of soft savings such as time to market, productivity and process
improvements, and other operational efficiencies. Unfortunately, the direct benefits
from these technologies have been difficult to measure and quantify and are
considered by many to be the next in a long history of undelivered promises. In
today\'s business climate, companies can no longer settle for the promise of soft
savings and must demand quantifiable, verifiable and predictable ROI. Realizing hard
savings is only possible if discrete manufacturing
companies can satisfy today\'s demand for a direct
and measurable reduction of COGS.
According to Frank Azzolino, President and CEO of aPriori, "Our customers have
documented up to a 34% COGS reduction."

Based in Concord, MA, aPriori (www.apriori.com) is the technology leader providing
innovative cost management solutions to the discrete manufacturing industry.
aPriori's Cost Management Software Platform enables manufacturers to better
understand product cost decisions early and throughout the product lifecycle.
aPriori's Cost Management Platform empowers manufacturers to lower cost-of-goods
sold (COGS), provides real-time visibility to "cost-critical" decision information,
and builds critical cost knowledge to go on the business "offensive." aPriori's
patent-protected cost management platform allows companies to assess, control, and
reduce cost of goods sold by whole percentages. The aPriori Platform truly enables
"Cost Knowledge Before it Matters."






Web Site = http://www.apriori.com

Contact Details = Contact:
John Busa
aPriori
978-371-2006
jbusa@apriori.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •