Released on: 17, February 2006
, Author: John Busa
, Audience: Software related
While credited with bringing much-needed productivityimprovements to the discrete manufacturing industry, existing MCAD, PLM and ERPproducts are primarily focused on the promise of soft savings such as time tomarket, productivity and process improvements, and other operational efficiencies.Unfortunately, the direct benefits from these technologies have been difficult tomeasure and quantify and are considered by many to be the next in a long history ofundelivered promises. In today's business climate, companies can no longer settlefor the promise of soft savings and must demand quantifiable, verifiable andpredictable ROI. Realizing hard savings is onlypossible 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, Â Our customers havedocumented up to a 34% COGS reduction.Â
As discrete manufacturing companies experience increasing price pressure fromcustomers, rising supplier costs, overseas competition, and income growth pressurefrom 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 ashigh as 70-90% of revenue. The ability to directly reduce COGS presents theopportunity to significantly impact a company's bottom line. According to a recentindustry analyst report in which 150 of the top US manufacturing companies weresurveyed, "cost estimation and control" were identified as management's number oneconcern.
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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