AGCO chooses aPriori cost-management platform
By Manufacturing Business Technology Staff -- Manufacturing Business Technology, 12/17/2007 9:07:00 PM
AGCO Corp., a global manufacturer of agricultural equipment and related replacement parts, will use the aPriori Enterprise Cost Management Platform to support its product cost-reduction initiatives.
With aPriori, AGCO expects to increase its ability to drive costs out of its products before production through real-time product cost assessments that are automatically generated throughout the design and manufacturing planning processes.
“aPriori will enable AGCO to instantly and continuously assess the cost of our parts beginning early in the design phase,” says Garry Ball, AGCO's senior VP of worldwide engineering. “Real-time access to precise cost information will significantly improve our ability to make product trade-off decisions, ultimately resulting in a measurable reduction in product and manufacturing costs.”
The aPriori Enterprise Cost Management Platform delivers real-time predictive product cost assessments throughout the entire development and production process to identify quantifiable savings in material, tooling, labor, and overhead while evaluating alternative designs, processes, and sources.
By generating cost assessments early in the product development process, aPriori customers drive significant costs out of products prior to production, reducing cost of goods sold by whole percentage points and improving the overall financial results of the company.
