CONCORD, MA – March 6, 2014 – aPriori, a provider of enterprise product cost management software solutions, today announced the latest release of its industry-leading software platform. aPriori 2014r1 delivers new enterprise capabilities that enable users to better predict product costs in complex global manufacturing environments and supply chains; cost more different types of products and parts; and continue to expand usage across the enterprise so more resources can identify and act on product cost reduction opportunities. The release is generally available immediately.
“Global manufacturers face increasing complexity as competitive pressures require multiple product variants tailored to local market preferences,” said Julie Driscoll, aPriori’s vice president of strategic marketing and product management. “Sharp fluctuations in commodity pricing and availability, the increasing cost of outsourcing and related quality concerns, and sourcing decisions that can make or a break a product’s profitability; all these dynamics make it more difficult to accurately predict product costs. To manage effectively in these fluid environments, manufacturers need to be able to evaluate multiple cost scenarios in real time and synchronize their efforts across their design, manufacturing and sourcing organizations. aPriori 2014r1 is specifically designed to help users address the challenges created by this increased complexity and unpredictability.”
The aPriori platform is architected to provide engineering, design, value engineering and sourcing professionals with real-time cost information on parts and complete products. It is the only commercially available product that reads 3D computer-aided design files to automate the generation of cost inputs and uses intelligent cost models to determine feasible manufacturing methods and product costs. The software also enables users to leverage data hosted in other critical 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.
aPriori 2014r1 extends the platform to support assessing cost value trade-offs and increasingly complex manufacturing and sourcing strategies with new enterprise capabilities:
New, out-of-the box manufacturing process cost models - expand the types of components and finishing operations aPriori users can cost and capture the full series of costing events in the product development lifecycle.
Easy creation of multiple cost scenarios for product assemblies – improve assessment of cost-value tradeoffs for different assembly alternatives and speed response time to changes in product design, material, manufacturing processes.
Synchronized product design and cost information across the globe - increases collaboration across globally distributed design and manufacturing organizations, reducing costs and time to market.
“Most product cost management solutions enable cost experts to generate and analyze cost estimates,” added Driscoll. “That’s helpful, but limited in potential impact. By providing individuals across manufacturing organizations with the ability to assess complete product assemblies, collaborate with cost experts and consider all the different potential cost scenarios across design, build and sourcing, we can help manufacturers prevent critical cost surprises, effectively manage to more aggressive cost targets and deliver much greater ROI to their organizations.”
Specific new features available in aPriori 2014r1:
Support for Additional Manufacturing Processes and Parts aPriori 2014r1 extends the platform with 16 new cost models across sheet metal fabrication, gear- making and machining including unparalleled capabilities for costing complex machined components that are typically expensive and difficult to estimate:
Gear-Making – including out-of-the-box models for hobbing, broaching, shaping, spline rolling, conjugate face milling, shaving, and gear grinding to cost various types of gears, splines and sprockets. A demo (7:35) can beviewed here.
2-Model Machining - using CAD models of near-net form parts and finished parts to calculate the cost of machined castings and forgings. This simplifies the costing process, requires less user input and provides more precise cycle time and cost estimates. A demo (8:38) can be viewed here.
Stock Machining and Secondary Machining Enhancements – providing user-guided automation and more powerful diagnostic tools to enable more accurate and complete costs for heavily machined parts which may drive the cost of a product.
Improved Support for Meeting New Product Target Costs and Reducing Current Product Costs
A New Cost Guide - helps users generate complete, accurate costs via user-guided inputs and prompts. A demo (4:28) can be viewed here.
Flexible Assembly Scenario Costing and Analysis – streamlines the evaluation of multiple assembly configurations and cost alternatives such as variance in annual volumes or manufacturing location. Highlights include the ability to create and edit assembly scenarios, and copy welds from one assembly to another.
Bulk Costing improvements – enables super users and cost engineers to execute batch cost runs that generate multiple scenarios for the same component and examine “what ifs” and alternatives.
Additional Enterprise Cost Management Features
Support for Global “Should Cost” Strategies - where companies want to have customized and consistent cost logic feeding multiple regional supply and manufacturing cost scenarios.
Database synchronization – automates the exchange and synchronization of selected aPriori data between multiple distinct aPriori databases in distributed geographical locations
Support for costing JT file format components
About aPriori 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 on Twitter @aPriori_Inc. aPriori on XING Enterprise Product Costing Blog Gartner 2013 Cool Vendor in Product Design and Life Cycle Management
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.
CONTACT: Tim Walsh for aPriori email@example.com 617.512.1641