Released on: 3, May 2006
, Author: John Busa
, Audience: Software related
The leading manufacturing journalist, Thomas R. Cutler,recently profiled aPriori TechnologiesÂ' Cost Management Platform in the recent issueof Industry 2.0. Cutler details the benefits of cost management platforms in thefeature:
 Hard Savings: Direct cost of goods sold (COGS) savings  by providing real timevisibility to predictive cost information, the cost impact of decisions andtrade-offs made at any point during the development through production process isalways known. COGS reductions are directly quantifiable and measurable.
 Soft savings -- Cost estimation time savings  cost management platform costestimates are provided real time, for instant usage in decision making. Long waitingperiods for cost estimates are eliminated. Product cost information can be used as atrue parameter in making decisions and trade-off's.
 Faster time to market  cost targets are achieved and verified earlier in theprocess. The critical path to product launch is no longer dependent on achieving andthen verifying that cost targets have been met.
 Reduction in cost related rework  knowing product costs at all times during thedevelopment through production and delivery reduces the risk (and surprise) ofmissed cost targets at product launch. Reducing this risk reduces the need for ofcost reduction rework/redesign efforts. With cost management platform capabilities,predictive, forward looking cost estimates are available throughout the developmentthrough production delivery process, which improve accuracy and continually convergeon the true economic cost of the product.
This cost information leverages existing information and data systems in a singlecost platform, captures company specific costing practices, and makes thisinformation available across the enterprise and accessible by any user in theorganization.
The link to the feature can be found at www.industry20.com or trcutler@trcutlerinc.com.
aP rioriÂ'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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