Cost Management Platform Profiled in Quality Digest

Released on = May 12, 2006, 7:19 am

Press Release Author = John Busa

Industry = Software

Press Release Summary = Cost Management Platform Profiled in Quality Digest

Press Release Body = The leading manufacturing journalist, Thomas R. Cutler,
recently profiled aPriori Technologies' Lean Cost Management Platform in the recent
issue of Quality Digest. Cutler details the benefits of cost management platforms
in the feature:

. Manufacturing products produces waste that ranges from overproduction, waiting
time, and transportation costs to overprocessing, excess inventory, unnecessary
motion and scrap. By eliminating these wastes, production time and cost of goods
sold (COGS) are reduced, and quality is improved.


According to Cutler, COGS reduction is one of the fundamental drivers of a lean
manufacturing initiative. Used to measure the ongoing success of lean manufacturing,
it fundamentally captures material, labor, overhead and tooling costs. However, COGS
reduction should not be thought of as a phase in a lean manufacturing process
initiative.

If lean manufacturing initiatives are reducing COGS, manufacturers must be able to
accurately measure and manage costs in real time. Only real-time, predictive cost
estimates can reliably be used to validate lean initiative decisions and guide
corrective actions throughout all the processes of engineering, planning and
production, sourcing, quality control, program management and production delivery.

According to Frank Azzolino, President and CEO of aPriori, a producer of cost
management software, "It is essential to improve the economics of discrete
manufacturing companies throughout the entire product development, production and
delivery process by quantifiably and measurably reducing COGS." Innovative cost
management software platforms provide accurate, predictive, real-time cost estimates
for all individuals in the process who directly influence or manage product costs
such as engineering, planning, manufacturing, procurement and program management.


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 enables "Cost
Knowledge Before it Matters."



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

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

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