aPriori Selected by FMC Technologies for Enterprise Product Cost Management

CONCORD, Mass. — (BUSINESS WIRE) — August 15, 2013aPriori, a provider of enterprise product cost management software solutions, today announced that its software has been selected by FMC Technologies, a leading global provider of technology solutions for the energy industry to help it optimize its product cost management efforts. The software will provide consistent, real-time cost evaluation of engineering designs and manufacturing processes to help the company identify potential costs savings, evaluate product design tradeoffs and accelerate product cycle times.

Initially, the company will deploy the aPriori product cost management software platform at its locations in Kongsberg (Norway), Dunfermline (UK), Houston (US) and Singapore for should-cost estimating on new parts. The software leverages computer-aided design and intelligent cost models to quickly and automatically generate detailed manufacturing analysis and cost estimates and quantify the impact of changes to product design, materials, manufacturing processes, volumes and location in real time. The software also enables users to leverage product cost data hosted in other critical enterprise applications to communicate product cost information between all functional organizations involved in product definition and delivery. This includes the import of complex engineering Bills of Materials (BOMs) from ERP, PLM or other enterprise applications. The aPriori platform also provides for highly detailed, “should cost” estimates for parts and products which can be shared with suppliers to accelerate their response time and enable tighter cost collaboration and greater ongoing procurement cost savings.

“The ability to quickly evaluate the cost impact of different design alternatives, manufacturing processes and materials is a significant advantage for any manufacturer,” said Stephanie Feraday, president and CEO of aPriori. “That translates into increased innovation, faster time to market and, of course, reduced costs of goods for FMC Technologies.”

About aPriori
aPriori software and services generate hard-dollar product cost savings for discrete manufacturing and product innovation companies. Using aPriori’s real-time product cost assessments, employees in engineering, sourcing and manufacturing make more-informed decisions that drive costs out of products pre- and post-production. With aPriori, manufacturers launch products at cost targets, maximize savings in re-work projects and avoid overpaying for sourced parts. To learn more about aPriori and its product cost management solutions and services, visit www.apriori.com or call 1.978.371.2006. To see an overview demonstration of aPriori, click here.

aPriori on Twitter @aPriori_Inc.

aPriori on XING https://www.xing.com/companies/aprioritechnologiesinc

Enterprise Product Costing Blog

Gartner 2013 Cool Vendor in Product Design and Life Cycle Management

aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.



Contact:

for aPriori
Tim Walsh, 617-512-1641
Email Contact




Review Article Be the first to review this article

Aldec Simulator Evaluate Now

Featured Video
Jobs
Design Verification Engineer for Cirrus Logic, Inc. at Austin, TX
Design Verification Engineer for intersil at Morrisville, NC
Senior PIC Test Development Engineer for Infinera Corp at Sunnyvale, CA
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
RF IC Design Engineering Manager for Intel at Santa Clara, CA
Senior DSP Firmware Engineer for Cirrus Logic, Inc. at Austin, TX
Upcoming Events
IC Open Innovation Panel During REUSE 2017 at Santa Clara Convention Center 5001 Great America Parkway Santa Clara CA - Dec 14, 2017
Essentials of Electronic Technology: A Crash Course at Columbia MD - Jan 16 - 18, 2018
Essentials of Digital Technology at MD - Feb 13 - 14, 2018
CST: Webinar series



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise