Released on: 22, May 2006
, Author: John Busa
, Audience: Software related
Manufacturing products produces waste that ranges fromoverproduction, waiting time, and transportation costs to overprocessing, excessinventory, unnecessary motion and scrap. By eliminating these wastes, productiontime and cost of goods sold (COGS) are reduced, and quality is improved.
The leading manufacturing journalist, Thomas R. Cutler, recently profiled aPrioriTechnologiesÂ' Lean Cost Management Platform in the recent issue of Quality Digest. Cutler details the benefits of cost management platforms in the feature.
According to Cutler, COGS reduction is one of the fundamental drivers of a leanmanufacturing initiative. Used to measure the ongoing success of lean manufacturing,it fundamentally captures material, labor, overhead and tooling costs. However, COGSreduction should not be thought of as a phase in a lean manufacturing processinitiative.
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.
According to Frank Azzolino, President and CEO of aPriori, a producer of costmanagement software,  It is essential to improve the economics of discretemanufacturing companies throughout the entire product development, production anddelivery process by quantifiably and measurably reducing COGS. Innovative costmanagement software platforms provide accurate, predictive, real-time cost estimatesfor all individuals in the process who directly influence or manage product costssuch as engineering, planning, manufacturing, procurement and program management.
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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