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aPriori Cost Management Platform finds 34 per cent COGS Reduction

Released on = February 17, 2006, 8:58 am

Press Release Author = John Busa

Industry = Software

Press Release Summary = 34% COGS Reduction with aPriori Cost Management Platform


Press Release Body = While credited with bringing much-needed productivity
improvements to the discrete manufacturing industry, existing MCAD, PLM and ERP
products are primarily focused on the promise of soft savings such as time to
market, productivity and process improvements, and other operational efficiencies.
Unfortunately, the direct benefits from these technologies have been difficult to
measure and quantify and are considered by many to be the next in a long history of
undelivered promises. In today\'s business climate, companies can no longer settle
for the promise of soft savings and must demand quantifiable, verifiable and
predictable ROI. Realizing hard savings is only
possible 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, “Our customers have
documented up to a 34% COGS reduction.”

As discrete manufacturing companies experience increasing price pressure from
customers, rising supplier costs, overseas competition, and income growth pressure
from 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 as
high as 70-90% of revenue. The ability to directly reduce COGS presents the
opportunity to significantly impact a company\'s bottom line. According to a recent
industry analyst report in which 150 of the top US manufacturing companies were
surveyed, \"cost estimation and control\" were identified as management\'s number one
concern.

Based in Concord, MA, aPriori (www.apriori.com) is the technology leader providing
innovative cost management solutions to the discrete manufacturing industry.
aPriori’s Cost Management Software Platform enables manufacturers to better
understand product cost decisions early and throughout the product lifecycle.
aPriori’s Cost Management Platform empowers manufacturers to lower cost-of-goods
sold (COGS), provides real-time visibility to “cost-critical” decision information,
and builds critical cost knowledge to go on the business “offensive.” aPriori’s
patent-protected cost management platform allows companies to assess, control, and
reduce cost of goods sold by whole percentages. The aPriori Platform truly enables
“Cost Knowledge Before it Matters.”


Web Site = http://www.apriori.com

Contact Details = Contact:
John Busa
aPriori
978-371-2006
jbusa@apriori.com

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