Industry 2.0 Profiles Cost Management Platform in current issue

By: Thomas R. Cutler

The leading manufacturing journalist, Thomas R. Cutler, recently profiled aPriori Technologies’ Cost Management Platform in the recent issue of Industry 2.0.  Cutler details the benefits of cost management platforms in the feature:

  • Hard Savings: Direct cost of goods sold (COGS) savings – by providing real time visibility to predictive cost information, the cost impact of decisions and trade-offs made at any point during the development through production process is always known. COGS reductions are directly quantifiable and measurable.
  • Soft savings -- Cost estimation time savings – cost management platform cost estimates are provided real time, for instant usage in decision making. Long waiting periods for cost estimates are eliminated.

    Product cost information can be used as a true parameter in making decisions and trade-off's.
  • Faster time to market – cost targets are achieved and verified earlier in the process. The critical path to product launch is no longer dependent on achieving and then verifying that cost targets have been met. 
  • Reduction in cost related rework – knowing product costs at all times during the development through production and delivery reduces the risk (and surprise) of missed cost targets at product launch. Reducing this risk reduces the need for of cost reduction rework/redesign efforts.  With cost management platform capabilities, predictive, forward looking cost estimates are available throughout the development through production delivery process, which improve accuracy and continually converge on the true economic cost of the product.

This cost information leverages existing information and data systems in a single cost platform, captures company specific costing practicesPsychology Articles, and makes this information available across the enterprise and accessible by any user in the organization.

The link to the feature can be found at www.industry20.com or trcutler@trcutlerinc.com.

John Busa

aPriori

www.aPriori.com

978-371-2006

jbusa@apriori.com

Technology
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 

» More on Technology