S&C Electric Company Plugs In aPriori For Product Cost Management
CONCORD, MA – aPriori, a provider of product cost management software solutions, recently announced that S&C Electric has selected the aPriori software platform to enable its design engineers to manage product costs more effectively throughout the design process. The Chicago-based company designs and manufactures switching and protection products for electric power transmission and distribution. The software will provide its engineers with real-time, detailed cost analysis throughout the design cycle to avoid unnecessary costs before products and parts go into production.
aPriori’s Product Cost Management software platform is designed to be a flexible and powerful costing engine that is able to instantly and precisely determine the cost of a part or product from a CAD model, based on the materials to be used and the factory where it will be produced.
“Product cost management is generally not a primary concern of design engineers,” said Stephanie Feraday, aPriori’s President and Chief Executive Officer. “They simply haven’t had the tools to really do anything about it. With aPriori, S&C’s engineering team will have the ability to access precise cost assessments in real-time as they design. This will enable them to identify and realize product cost savings earlier in the design cycle.”