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aPriori v5.5 Enterprise Cost Management Platform Reduces Cost of Goods Sold for Discrete Manufacturing Organizations.


Added Support for Sand Casting Casting is the process of production of objects by pouring molten material into a cavity called a mold which is the negative, or mirror image of the object, and allowing it to cool and solidify.  Manufacturing Processes

Expands Capabilities for Real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  Product Costing

December 12 Webinar to Demonstrate How Manufacturing Organizations

Can Drive Costs Out of Their Products Before Production

CONCORD, Mass. -- aPriori today announced the availability of aPriori v5.5, the newest version of its market-leading Enterprise Cost Management software platform. With innovative capabilities that provide real-time, predictive and precise product cost assessments throughout the development and delivery process, aPriori v5.5 empowers manufacturing organizations to significantly reduce 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 
 (COGS These are all the Cogs found in Disney's Toontown Online. Names that are moved forward are leaders of the HQ of that specific Cog type. Bossbots
  • Flunky, Level 1-5
  • Pencil Pusher, Level 2-6
  • Yesman, Level 3-7
  • Micromanager, Level 4-8
  • Downsizer, Level 5-9
) by identifying quantifiable Quantifiable
Can be expressed as a number. The results of quantifiable psychological tests can be translated into numerical values, or scores.

Mentioned in: Psychological Tests
 savings in material, tooling, labor and overhead while evaluating alternative designs, processes and sources.

The aPriori Enterprise Cost Management platform is patented technology that generates precise product cost assessments in real-time as a product is being developed. Direct integration to industry-standard CAD CAD: see computer-aided design.


(Computer-Aided Design) Using computers to design products. CAD systems are high-speed workstations or desktop computers with CAD software.
 solutions allows aPriori to calculate product costs every time a designer makes a change to a model. aPriori's Virtual Production Environments capture the characteristics (processes, machines, cost structure) of a customer's (and/or a supplier's) factories to determine manufacturing or sourcing costs. Combined with innovative routing capabilities, aPriori automatically determines the lowest-cost production method, and provides users with capabilities to model multiple product-cost scenarios.

"aPriori generates precise cost assessments throughout the entire product development process to provide 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 companies with new levels of visibility into the true costs of their products," said Eric Arno Hiller, Founder and Chief Product Officer at aPriori. "With the ability to better understand and manage product costs, aPriori customers are driving costs out of their products prior to production, significantly reducing costs of goods sold and improving overall financial results."

"In a very competitive market, achieving cost targets at product launch is a high priority. By having helped 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
 capture significant savings in new and existing parts to date, aPriori has proven that it can help us achieve lower-cost product designs and avoid post-launch cost reduction programs," said Wayne MacDonald, Senior Vice President, Engineering at JLG Industries. "The new sand casting capabilities in aPriori v5.5 will enable us to drive cost out of new product designs as well as aid in the conversion of existing fabricated fab·ri·cate  
tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates
1. To make; create.

2. To construct by combining or assembling diverse, typically standardized parts:
 parts to castings."

New capabilities in aPriori v5.5 include:

* Sand Casting - aPriori v5.5 adds Sand Casting support to its stable of rigorous, physics-based process models. With this new family of process models, aPriori has improved its ability to assess the cost of sand-cast products. The new Sand Casting module supports a variety of Sand Casting mold-making methods and a number of discrete Sand Casting sub-processes including material melting, core making, pouring, cooling/solidification, shake-out, cleaning, finishing and in-line In-line

Used in the context of general equities. (1) An order or market in a specific security within the inside market; 2) any announcement (earnings) that adheres closely to Wall Street analysts' expectations.
 inspection.

* Tolerance and Roughness - Users understand the cost implications of tolerance and roughness specification. aPriori extracts tolerance and roughness information directly from the CAD model and generates cost assessments using these parameters.

* Cross-Facility Costing - With aPriori v5.5, organizations can compute To perform mathematical operations or general computer processing. For an explanation of "The 3 C's," or how the computer processes data, see computer.  the costs for a single component manufactured across multiple internal or supplier factories.

* Enhanced Cost Analysis & Scenario Modeling - To improve sourcing decision-support, aPriori includes powerful scenario modeling and reporting capabilities for performing detailed analysis/comparisons between aPriori-costed parts and/or assemblies, third-party quotes and historical costing data. aPriori's configurable, spreadsheet-like interface allows users to focus on the cost metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM.  that are relevant to the current decision.

Register for the aPriori Webinar and Learn

How to Drive Costs Out of Your Products Before Production

Join aPriori on Wednesday, December 12, 2007 at 2 PM EDT EDT
abbr.
Eastern Daylight Time


EDT Eastern Daylight Time

EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York

EDT 
 for a one hour webinar on Enterprise Cost Management, next-generation capabilities for generating precise, repeatable and relevant product cost assessments in real-time from design through production. Featuring the aPriori v5.5 Enterprise Cost Management Platform, this webinar will outline how manufacturing firms can:

* Generate precise, repeatable and relevant product cost assessments in real-time from design through production

* Measurably meas·ur·a·ble  
adj.
1. Possible to be measured: measurable depths.

2. Of distinguished importance; significant: a measurable figure in literature.
 reduce product costs and Cost of Goods Sold to improve financial results

To register for the aPriori webinar, go to https://www1.gotomeeting.com/register/968607751 or visit www.apriori.com.

About aPriori

The aPriori Enterprise Cost Management software platform improves the financial results of discrete manufacturing and product companies by enabling them to actively control Cost of Goods Sold (COGS) with real-time, predictive and precise product cost assessments. 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 during 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 Operating Margin

A ratio used to measure a company's pricing strategy and operating efficiency.

Calculated by:
. The aPriori platform is rapidly deployable across the extended enterprise, up and running in a matter of weeks generating cost assessments reflecting a customer's factories' and suppliers' capabilities. For more information or to view an online demonstration, visit www.apriori.com.

aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc.
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.

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Publication:Business Wire
Date:Dec 4, 2007
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