Dematic to Leverage aPriori to Manage Product Costs

CONCORD, Mass. — (BUSINESS WIRE) — March 19, 2014aPriori, a provider of enterprise product cost management software solutions, today announced that Dematic, a supplier of automated logistics and material handling systems, will leverage its software to control new product costs by providing real-time insight to cost projections in design and sourcing.

Dematic designs, builds and supports logistics solutions that optimize material and information flow - from receiving to shipping. It offers a consultative and holistic engineering approach that drives the development of non-biased, data-driven logistics solutions that optimize the user's supply chain. A typical Dematic solution is built around process improvements, material handling technology, and software. System configurations may be manually operated, mechanized or automated.

Katie Wierengo, Dematic senior vice president, supply chain stated, “By leveraging the aPriori platform, Dematic will manage costs for our automated technology solutions. The software will provide our engineering and strategic sourcing professionals with real-time cost feedback on 3D computer-aided designs (CAD) and continuous visibility into product cost performance as designs develop and change.”

The aPriori software leverages CAD and intelligent cost models to quickly and automatically generate detailed manufacturing analysis and cost estimates that quantify the impact of changes to product design, materials, manufacturing processes, volumes and location in real time. The software also enables users to leverage product cost data hosted in other critical enterprise applications to communicate product cost information between all functional organizations involved in product definition and delivery. This includes the import of complex engineering Bills of Materials (BOMs) from ERP, PLM or other enterprise applications.

“aPriori is pleased to have been selected by Dematic to support their work in optimizing product design and manufacturing process time,” said Stephanie Feraday, president and CEO of aPriori.

About Dematic

Dematic is a global engineering company that provides a comprehensive range of intelligent warehouse logistics and materials handling solutions. With a global knowledge network of more than 4,000 skilled logistics professionals, Dematic is able to provide customers with a unique perspective in world-class materials handling solution design. Our commitment to solution development, combined with engineering centers and manufacturing plants in North America, Europe, and Asia Pacific, ensures Dematic has the range and capability to provide reliable, flexible, cost-effective solutions globally. Our successful track record has led to the development and implementation of more than 5,000 integrated systems for a customer base that includes small, medium, and large companies doing business in a variety of market sectors. Dematic generates a global business volume of approximately $1.3 billion.

For more information regarding Dematic and/or its offerings, visit www.dematic.com or call 1-262-860-6715.

About aPriori

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 avoid overpaying 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.

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aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.



Contact:

for aPriori
Tim Walsh, 617-512-1641
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