Manitowoc Implements aPriori for Product Cost Management
Manitowoc Foodservice, a leading global manufacturer of commercial foodservice equipment, has selected the aPriori Product Cost Management Platform to support its product cost reduction initiatives.
With aPriori, Manitowoc Foodservice will increase its ability to drive costs out of its products both pre- and post-production using real-time product cost assessments that are generated automatically throughout design, sourcing and manufacturing processes, aPriori said in a statement.
"With aPriori, manufacturing companies have a better understanding of how much a product should cost to produce at every phase of the development process. Using our real-time cost information, our customers eliminate the wait for internal cost estimates, speeding development timelines while keeping product costs under control," said Stephanie Feraday, President and CEO of aPriori, based in Concord, Mass.
The aPriori Product Cost Management Platform is the first software solution to provide discrete manufacturers and product companies with real-time, predictive and precise product cost assessments throughout the development and production process, according to the company.
The company’s cost management capabilities empower organizations to identify quantifiable savings in material, tooling, labor and overhead when evaluating alternative designs, manufacturing processes and sources.
Manitowoc Foodservice has operations in the Americas, Europe and Asia with a brand portfolio that includes Cleveland, Convotherm, Delfield, Fabristeel, Frymaster, Garland, Jackson, Kolpak, Kysor/Warren, Kysor Panel Systems, Lincoln, Manitowoc Ice, McCall, Multiplex, Merrychef, Servend and Scotsman Beverage Systems.