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aPriori Enterprise Cost Management Platform is Chosen by Caterpillar.


aPriori increases visibility to product costs across multiple functions

CONCORD, Mass. -- aPriori, the leading provider of enterprise cost management solutions for discrete product and manufacturing companies, today announced that Caterpillar Inc., the world's largest maker of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines, has purchased aPriori's Enterprise Cost Management Software Platform[TM] to be used in their North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. .

The aPriori Enterprise Cost Management Software Platform provides real-time, predictive cost assessments throughout the entire product development, manufacturing, sourcing and delivery process. The investment in aPriori enables the users to generate real-time costs for new product introductions and engineering changes within minutes rather than weeks. Design personnel have the opportunity to confidently understand the cost impact of their decisions, through instant feedback directly within their MCAD MCAD Microsoft Certified Application Developer
MCAD Mechanical Computer Aided Design
MCAD Medium-Chain Acyl-CoA Dehydrogenase (inherited metabolic disease)
MCAD Minneapolis College of Art and Design
 environment. Additionally, other functions, from manufacturing engineers and planners, to purchasing and sourcing professionals and program managers have full visibility to product costs through aPriori. This enables them to measurably identify quantifiable savings in material, tooling, labor and overhead cost while evaluating alternative designs, manufacturing processes, and vendor sources, ultimately driving a reduction in their Cost of Goods Sold Cost of goods sold

The total cost of buying raw materials, and paying for all the factors that go into producing finished goods.


cost of goods sold 
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).

aPriori provides predictive product information from the earliest stages of product development continuously through production delivery. aPriori also demonstrates its ability to provide accurate, real-time cost assessments at all stages of the design and product development process. aPriori's cost information enables easier cost/design trade off analysis and provides manufacturing routing and cost information that can be used by manufacturing engineering Manufacturing engineering

Engineering activities involved in the creation and operation of the technical and economic processes that convert raw materials, energy, and purchased items into components for sale to other manufacturers or into end products for
, planning, and purchasing departments.

"We are excited that a leading Fortune 100 company and one of the most successful manufacturing companies in the world has made an investment in our technology," said Frank V. Azzolino, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of aPriori. "Caterpillar has joined the growing list of aPriori customers, including Flextronics, John Deere, Dana Corporation, JLG JLG Joint Liaison Group
JLG Jean-Louis Gassée
JLG John L. Grove (JLG Industries, Inc.)
JLG Joint Liability Group
JLG Junior League of Greenville
JLG Junior League of Greenwich
JLG Junior League of Gainesville
JLG Junior League of Greensboro
 Industries and others, that benefit from the ability to determine product costs early and that can confidently manage towards established cost targets which are critical for a manufacturing company in today's competitive markets.

About aPriori

aPriori is the leading provider of enterprise cost management solutions to the discrete manufacturing Fabricating products by assembling components and subsystems into larger systems. The automated assembly line is the prime example of discrete manufacturing such as in the making of automobiles, household appliances and computer systems.  and product industry. aPriori's proven and patent-protected software platform allows companies to assess, control, and reduce the cost of their products in real time, at any time before design, sourcing and manufacture. This enables companies to understand the cost impact of product design decisions earlier than ever before, reduce their cost of goods sold, and improve operating margins. aPriori software is used at leading Fortune 1,000 companies and provides an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 return on investment of greater than three to one in the first project use. aPriori, headquartered in Concord, MA, was founded in 2003 and is funded by Bain Capital Ventures and Sigma Partners.

For more information, visit www.apriori.com
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 13, 2007
Words:470
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