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APriori Cost Management Platform Finds 34% COGS Reduction |
By:
Thomas Cutler |
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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."
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.
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."
Contact: John Busa aPriori 978-371-2006 jbusa@apriori.com
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Article Source: http://www.friendsofvista.org/articles/article27851.html |
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