CONCORD, Mass., Nov 09, 2011 -- aPriori, a provider of product cost management software solutions, today announced that S&C Electric Company 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 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. With a click of a button, designers can get a precise, real-time cost assessment at any time during the design process. As design changes are made, aPriori automatically re-assesses the design and provides an updated product cost in real time. Using this new level of cost knowledge, companies can make more informed design decisions and significantly reduce product costs earlier in the product design lifecycle.
"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."
About S&C Electric Company
S&C, headquartered in Chicago, IL, is applying its heritage of innovation to address challenges facing the world's power grids and is thus shaping the future of reliable electricity delivery. The mission of employee-owned S&C is to continually develop new solutions for electricity delivery, fostering the improved efficiency and reliability required for the intelligent grid.
S&C provides solutions for customers worldwide. The company has engineering offices and manufacturing facilities in Chicago, Illinois; Franklin, Wisconsin; Alameda, California; Duvall, Washington; and Orlando Florida. S&C subsidiaries operate in Toronto, Canada; Curitiba, Brazil; Mexico City and Aguascalientes, Mexico; Wales, United Kingdom; and Suzhou, China. Additional information about S&C is available at www.sandc.com .
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 never overpay 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.