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aPriori Brings BI to Product Costing

Written By: Predrag Jakovljevic
Published On: July 2 2014

aPriori has announced the general availability of Cost Insight, a new business intelligence (BI) capability that delivers timely and actionable product cost and profitability data to engineering, manufacturing, and sourcing managers and executives in a self-service manner. The aPriori platform is architected to provide real-time cost information on parts and complete products by leveraging computer-aided design (CAD) files and intelligent cost models to quickly determine feasible manufacturing methods and product costs. It also generates detailed manufacturing analysis and cost estimates that quantify the impact of changes to product design, materials, manufacturing processes, volumes, and location in real time.
 
aPriori also enables manufacturers to leverage product cost data hosted in other enterprise applications by importing complex engineering bills of materials (eBOMs) from enterprise resource planning (ERP), product lifecycle management (PLM), or other enterprise applications. With Cost Insight, aPriori extends the platform with enterprise-class BI capabilities (from Jaspersoft) that provide intuitive reporting of cost driver data via ad hoc reporting, dashboard creation, and a production report authoring tool. Cost Insight delivers role-based insights for design, engineering, manufacturing, value-engineering, and sourcing executives and managers.
 
Role-based reporting of product cost data can be at the component (rollup, assembly, and part) and process/operation level. The system is Web-enabled for anytime, anywhere access including mobile devices. Key features in Cost Insight include a reporting data mart, export, transform, and load (ETL) data integration, and out-of-the-box reports and dashboards to support key cost management processes such as outlier analysis and product cost tracking.
 
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