More visibility for product, manufacturing costs

Ingersoll Rand to expand its deployment of aPriori software

10/17/2011


According to a recent report by Aberdeen Group, best-in-class manufacturing companies enjoy significant advantages when they increase the visibility of cost drivers within engineering and reap the benefits of the improved decision making that result from it.
aPriori, which has been using its product cost visibility software within Ingersoll Rand, will expand the use of that software to all business units at Ingersoll Rand. The aPriori software provides IR with detailed product cost visibility throughout its entire product development process.

This helps IR officials identify savings when evaluating alternative designs, manufacturing processes and supply chain sources so they can attack cost at the point of origin where it yields the greatest possible impact on product cost reduction.
“The rapid success of aPriori at Ingersoll Rand is clear evidence of the extremely strong return on investment that our product cost management platform delivers,” said Stephanie Feraday, aPriori’s president and chief executive officer. “As the product cost savings start adding up, the management team quickly realizes that they can save significant sums of money if they get the tool in the hands of everyone that makes decisions impacting product cost.”



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
System integration: Best practices and technologies to help; Virtualization virtues; Cyber security advice; Motor system efficiency, savings; Product exclusives; Road to Hannover
Collaborative robotics: How to improve safety, return on investment; Industrial Internet of Things, Industrie 4.0: World views; High-performance HMI, Information Integration: OPC and OMG
9 tips: How to integrate a servo system; Process control mathematical models; Serial network grounding; Engineers' Choice Awards; Learn from cyber security mistakes
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
PLCs, robots, and the quest for a single controller; how OEE is key to automation solutions.
Learn how Industry 4.0 adds supply chain efficiency, optimizes pricing, improves quality, and more.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
click me