Product category:
Production costing and estimating
News Release from: aPriori | Subject: Cost Management Platform
Edited by the Manufacturingtalk Editorial
Team on 24 October 2006
Cost Management Platform Expands VPE
Modeling
aPriori has announced it has released the newest version, v4.6, of its enterprise cost management software platform.
aPriori, the leading provider of enterprise cost management solutions for discrete product companies, today announced it has released the newest version, v4.6, of its enterprise cost management software platform Key new features include:
This article was originally published on Manufacturingtalk on 24 Feb 2006 at 8.00am (UK)
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* An improved user interface that allows for easier navigation and data visualization.
* An innovative costing decision support capability called "Scenarios" that enables efficient comparisons of design and process alternatives and can be used to maintain the cost history of a product.
* Robust support for milling processes is now supported in addition to existing support of sheet metal fabrication, welding, casting, painting/plating, and injection molding.
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* Multi-currency support for all cost computations allows global companies and their foreign suppliers and facilities to be easily integrated into costing decisions.
* User defined data fields for VPE modeling adds the ability for users to easily create and maintain unique VPE cost factors resulting in efficient and scalable cost management.
The new features provide significant enhancements in three key areas of the aPriori platform.
This release delivers powerful new costing decision support capabilities and an enhanced user interface for nonengineering personnel.
It also provides robust support for milling processes to add to the extensive list of manufacturing processes aPriori supports.
Finally, the v4.6 extends the scalability of the cost management environment with enhancements to its innovative Virtual Production Environment (VPE) modeling capability.
A VPE models the characteristics of a factory including the manufacturing processes, the machines supporting that process and the factory's cost structure.
"Determining the optimal cost of a product during the initial concept phase and throughout the development process is critical to truly meeting cost goals and eliminating expensive post design cost issues," said Tim Roberts, Vice President of Engineering, Thomas and Betts.
Roberts noted, "New features from aPrioi, such as multi-currency support and a user interface for non-engineering personnel, provide even more robust capabilities in managing our cost targets across our division".
"Our vision is to improve the financial results of discrete product companies by enabling them to actively control and measurably reduce products' cost of goods sold (COGS) with an innovative, predictive, and reliable cost management software platform," said John Busa, Vice-President of Product Management of aPriori.
Busa added, "This release adds significant breadth, scalability, and ease of use features to meet this vision".
"The rapid ROI (return-on-investment) our customers are seeing as measured by hard savings is a testament to the capabilities and value our product brings".
The aPriori enterprise cost management platform version 4.6 is available immediately.
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