Automotive parts manufacturer to deploy enterprise capabilities to gain cost visibility and increase product profitability
CONCORD, Mass. — (BUSINESS WIRE) — June 30, 2015 — aPriori, a provider of enterprise product cost management software solutions, has been selected by TG Missouri Corporation, a leading automotive parts manufacturer based in Perryville, Missouri. The company, which manufactures steering wheels, airbags, side molding and plastic trim components to enhance vehicle comfort, appearance and safety, will use the software to identify and prioritize cost savings opportunities, set cost standards for material, labor and machining, and reduce costs at the product design stage.
TG Missouri will deploy the aPriori platform in conjunction with its Cost Accounting group to prioritize cost reduction opportunities in tooling, optimize manufacturing routings and reduce the cost of piece parts and product assemblies.
“At TG Missouri, our goal is to attain best costs first by ensuring quality in the initial process and eliminating quality problems at each subsequent process,” said Mike Pyle, General Manager of Engineering at TG Missouri. “Using aPriori, we will expand on this by identifying and eliminating unnecessary product costs in design - before they get built into the product. This benefits our customers in the automotive industry as well as their end-user customers.”
The aPriori product cost management platform is designed to provide real-time cost information on parts and complete products. The software leverages CAD and intelligent cost models to quickly determine feasible manufacturing methods and product costs while generating 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 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 and other enterprise applications. aPriori also incorporates enterprise quality business intelligence capabilities that provide intuitive, role-based insights for design, engineering, manufacturing, value-engineering and sourcing executives and managers.
“TG Missouri has built its success on delivering products of exceptional quality and value for its customers in the automotive industry,” said Stephanie Feraday, president and CEO of aPriori. “Our software platform gives the company the ability to build on that advantage by focusing their cost management efforts on the best opportunities while investing additional time and resources into product innovation.”
About TG Missouri
TG Missouri Corporation is a proud subsidiary of Toyoda Gosei Co., Ltd., which has North American headquarters in Troy, Michigan, and world headquarters in Kiyosu, Aichi Prefecture, Japan. Toyoda Gosei Co., Ltd., was established in 1949, and is a leading specialty manufacturer of rubber and plastic automotive parts and LEDs. Today, the Toyoda Gosei group provides a broad range of high quality products internationally, with a network of some 100 plants and offices in 18 countries and regions. Through its flexible, integrated global supply system and leading-edge technologies for automotive safety, comfort, and environmental protection, Toyoda Gosei strives to deliver the highest levels of innovation, quality and satisfaction to customers worldwide.
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.
aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.
Tim Walsh, 617-512-1641