Released on: 1, June 2006
, Author: John Busa
, Audience: Software related
According to leading manufacturing journalist Thomas R. Cutlerin the May issue of Manufacturing & Technology, COGS reduction is one of thefundamental drivers of a lean manufacturing initiative. Used to measure the ongoingsuccess of lean manufacturing, it fundamentally captures material, labor, overheadand tooling costs. However, COGS reduction should not be thought of as a phase in alean manufacturing process initiative.
If lean manufacturing initiatives are reducing COGS, manufacturers must be able toaccurately measure and manage costs in real time. Only real-time, predictive costestimates can reliably be used to validate lean initiative decisions and guidecorrective actions throughout all the processes of engineering, planning andproduction, sourcing, quality control, program management and production delivery.
Manufacturing & Technology reaches customers and prospects throughout Indiana,Kentucky, and Ohio, and is an important source for news in technology andmanufacturing. The Manufacturers Group Inc., the parent company of the publication,is a diversified media company providing authoritative print and online media.
Manufacturing & TechnologyÂ's monthly print readership exceeds 94,500 companypresidents and vice presidents, managers, engineering, buyers, maintenance, safetypersonnel and others. The industrial publication primarily targets tier two and tierthree manufacturing companies. The subscribing company profile typically has 10 to300 employees and includes upper management, plant managers, design, engineering,purchasing personnel, and others.
aPrioriÂ's Cost Management Software Platform enables manufacturers to betterunderstand product cost decisions early and throughout the product lifecycle. aPrioriÂ's Cost Management Platform empowers manufacturers to lower cost-of-goodssold (COGS), provides real-time visibility to  cost-critical decision information,and builds critical cost knowledge to go on the business  offensive. aPrioriÂ'spatent-protected cost management platform allows companies to assess, control, andreduce cost of goods sold by whole percentages. The aPriori Platform enables  CostKnowledge Before it Matters.Â
Source: Express-Press-Release.com
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