Released on: 10, March 2006
, Author: John Busa
, Audience: Software related
aPriori has developed a white paper that presents anarchitecture for Cost Management platform developed through a six yearindustry/university collaborative research project initiated to address this problemin New Product Introduction (NPI) programs.
According to Frank Azzolino, President and CEO of aPriori, Â Manufacturers are forcedto operate under net margins of only a few percent. A 1% decrease in COGS can equateto a 16-30% increase in net income in many discrete manufacturing companies. Thissituation forces companies to focus on product cost and profit margins with renewedvigor.Â
Discrete part manufacturing companies are experience a demanding and difficultcombination of prices pressure from customers, rising costs both internally and fromvendors, international competition, and income growth pressure from investors. Costof Goods Sold (COGS) has become an increasingly important metric as the largestexpense item on the income statement; typically 70 to 90% of revenue.
Based in Concord, MA, aPriori (www.apriori.com) is the technology leader providinginnovative cost management solutions to the discrete manufacturing industry. 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 truly enables Cost Knowledge Before it Matters.Â
Source: Express-Press-Release.com
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