Citation
(2013), "Multitest deploys aPriori product cost management platform", Microelectronics International, Vol. 30 No. 3. https://doi.org/10.1108/mi.2013.21830caa.004
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited
Multitest deploys aPriori product cost management platform
Article Type: Industry news From: Microelectronics International, Volume 30, Issue 3
Multitest has selected aPriori’s platform to increase the visibility of product cost information for new product introductions and throughout its product lifecycles. The company expects to reduce product costs, accelerate time to market for new products, and collaborate more effectively with suppliers on sourced parts as a result.
Multitest provides its customers with highly innovative test handling and test interface solutions, custom-tailored to fit their individual needs and requirements. Getting new products to market on time and on budget are critical to its success and the company will use a Priori in design engineering, sourcing and cost engineering to support these goals.
The company’s design engineers will use the software to quickly and easily compare the cost of different product design alternatives and understand the cost impact of different design options as they happen. As changes are made, or new product specs are introduced, aPriori will automatically and immediately re-assess and provide updated product costs. This will enable Multitest’s engineers to evaluate more design options, attack cost earlier in the product lifecycle and make more informed design and production decisions to reduce product costs from the start. a Priori will also provide sourcing professionals with a standard tool for detailed “should cost” information to help evaluate make vs buy decisions, work with suppliers more efficiently and reduce the time it takes to get cost estimates back from them. Multitest will also use the aPriori software to evaluate more cost reduction alternatives in cost engineering activities and conduct bulk cost analysis to identify parts costs that are out of line with industry standards.
aPriori’s Product Cost Management software platform helps companies attack cost at the point of origin by equipping design, engineering, sourcing and manufacturing professionals with the knowledge and technology infrastructure to quickly and precisely determine the cost of a part or complete product. The software leverages computer-aided design and intelligent cost models to quickly generate detailed manufacturing analysis and cost estimates and quantify the impact of changes to product design, materials, manufacturing processes, volumes and location. The software also enables users to leverage product cost data hosted in other critical enterprise applications to communicate product cost information between all functional organisations involved in product definition and delivery. This includes the import of complex engineering bills of materials (BOMs) from ERP, PLM or other enterprise applications.