Leybold Selects aPriori for Sourcing Efficiencies
(Thomson Reuters ONE) -
Product cost management software will inform make-vs.-buy decisions, improve
supplier collaboration
CONCORD, Mass., Sept. 07, 2016 (GLOBE NEWSWIRE) -- aPriori, a provider
of product cost management (PCM) software solutions, has been selected by
Leybold GmbH, one of the world's leading manufacturers of standardized and fully
customized vacuum technology solutions, components, accessories and
instrumentation. The company will use aPriori's software to benchmark costs for
both outsourced and manufactured products and parts, and to support fact-based
negotiation with its suppliers.
Leybold is a pioneer in the vacuum technology business. Its products include
vacuum pumps, systems, gauges, leak detecting instruments and other parts used
in every-day systems such as air conditioning, TV-tubes, automotive
applications, metallurgy and furnaces. The company's products also support high-
tech processes such as the coating of microchips, CDs and DVDs, and the
manufacturing of optical glass and analytical instruments.
"aPriori can provide us with detailed cost structures to help us make better
decisions regarding sourcing and manufacturing," said Arne Tiedge, Manager Cost
& Value Engineering at Leybold. "This will enable us to identify the key cost
drivers in our business at a very detailed level and collaborate more
effectively on product cost with our suppliers."
Initially, Leybold will deploy the software at its Cologne headquarters facility
in Germany with plans to extend use to its other plants. The aPriori product
cost management platformwill provide Leybold's sourcing and cost estimation
teams with real-time cost information on parts and complete products from the
earliest stages of design. The software leverages CAD and intelligent cost
models to quickly determine the most efficient manufacturing methods and product
costs while generating detailed manufacturing analysis and cost estimates that
quantify the impact of changes to product design, materials, manufacturing
processes, volumes and location in real time. The software will also provide
Leybold's sourcing teams with valuable, fact-based cost information as it works
with its suppliers to determine the most efficient materials and manufacturing
processes and evaluates make vs. buy decisions.
"It can be difficult for manufacturers to understand all the key cost impacts in
a supplier's business without access to their cost structures," said Stephanie
Feraday, president and CEO of aPriori. "Leveraging our highly detailed global
costing models and costing capability, Leybold gains a new level of visibility
that they can put to immediate use to drive greater product cost efficiencies
and faster cycle times. It's a powerful advantage for their business."
About Leybold GmbH
Leybold offers a broad range of advanced vacuum solutions for use in
manufacturing and analytical processes, as well as for research purposes.
Leybold's core capabilities centre on the development of application- and
customer-specific systems for the creation of vacuums and extraction of
processing gases. Fields of application are coating technologies, thin films and
data storage, analytical instruments and classic industrial processes.
For more information, visit www.leybold.com
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 (at)aPriori_Inc.
aPriori on LinkedIn
Product Costing Blog
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:
Rick Burke
Vice President, Marketing
rburke(at)apriori.com
978.451.7675
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: aPriori Technologies via GlobeNewswire
Datum: 07.09.2016 - 15:00 Uhr
Sprache: Deutsch
News-ID 493266
Anzahl Zeichen: 5172
contact information:
Town:
Concord
Kategorie:
Business News
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