Democratization of Cost

aPriori Professional provides early visibility to cost manufacturability, and sustainability. It also provides consistency of costing practices across all members of the product team, and higher throughput of cost-optimized parts, all leading to a more cost-conscious culture where everyone is considering profitability with each decision they make.

This table shows some of the key capabilities and benefits that aPriori Professional provides to product teams.

Group

Activities

Benefits/Outcome

Design / Engineering

 

  • Generate cost estimates for individual components or complete BOMs representing logical functional groups and complete products.

  • Continuously monitor product designs against both cost and weight targets.

  • Identify and eliminate cost drivers early in the product development process.

  • Compare alternative designs to identify optimal cost outcomes.(NPI and ECOs)

     

  • Launch new products at or below target cost/weight.

  • Reduce the number of Value Engineering projects and “get it right the first time".

  • Accelerate TTM (time to market) by eliminating wait time for quotes on new product designs.

Sourcing

 

  • Evaluate multiple sourcing/manufacturing scenarios before sending an RFQ to suppliers.

  • Understand true manufacturing cost before negotiating with suppliers.

  • Cost optimize a larger volume of components/products using batch costing capabilities.

     

  • Avoid overpaying for outsourced parts.

  • Achieve annual cost reduction goals.

  • Negotiate more effectively with suppliers by concentrating on manufacturing data versus commercial pricing.

     

Cost Engineering

 

  • Conduct detailed cost analysis on complex components to identify and eliminate cost drivers

  • Cost optimize a larger volume of components/products using batch costing capabilities.

  • Amplify your cost knowledge throughout the enterprise by partnering with aPriori to refine and maintain cost models/data leveraged by the entire product team.

     

  • Achieve or exceed annual cost reduction objectives, even with limited manpower.

  • Increase value of individuals and the entire program by identifying greater savings for the company.

  • Effectively provide “at elbow” service to the product team by embedding your knowledge and experience in aPriori.