| [March 29, 2012] |
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Sertec Group Holdings Selects aPriori to Speed RFQ Response Time and Drive New Business
LONDON --(Business Wire)--
aPriori,
a provider of product cost management software solutions, has announced
that automotive parts specialist Sertec has adopted the aPriori software
platform to deliver more rapid, accurate and detailed responses to
manufacturer requests for quotations (RFQs). Sertec's objective in
deploying aPriori is to secure a higher volume of profitable business by
quickly gaining detailed understanding of the cost requirements of any
particular project.
Sertec Group Holdings Ltd is a proven, world class supplier of steel and
aluminum stampings and assembly processes for the automotive industry,
including transfer and progression presswork, tube manipulation, wire
forming, deep drawing, welded and self-piercing riveted components. The
company operates its headquarters and three manufacturing sites in the
UK, as well as a further manufacturing plant in Estonia and a tooling
operation in China.
Using aPriori's flexible virtual production environment (VPE) feature,
Sertec will be able to model each of its manufacturing facilities
throughout the world, including site specific material stock types,
pricing, machine types and operating attributes, intelligent process
routings, labor and overhead costs, and more. Setup of VPEs is very
straightforward, and aPriori provides quarterly updates for material and
machine data. Once established, Sertec Cost Estimators will be able to
open any 3D CAD model (e.g. CATIA, Siemens (News - Alert) NX, or even a STEP model),
answer a few basic questions about how the part will be made and let the
aPriori system automatically produce a highly-detailed cost assessment
for the part in just a few seconds. This capability will enable Sertec
to respond to a far greater number of customer RFQs with greater
accuracy and detail than ever before.
"Sertec is an ambitious, rapidly expanding business, so we want to be
able to react more quickly and accuratel to new business
opportunities," said Dave Steggles, Sertec Group commercial director.
"aPriori's software platform enables us to deliver very accurate
responses to RFQs by taking product models from CAD to costs in minutes
rather than days or weeks, providing precise cost assessments that
update in real-time and keep us one step ahead in a highly-competitive
industry."
aPriori's Northern Europe managing director Myles Peyton said: "aPriori
significantly improves the chances of suppliers winning new contracts by
rapidly and consistently transforming client CAD models into highly
detailed and accurate quote responses. In a recovering economy and
highly competitive manufacturing industry, these are truly formidable
advantages that can help suppliers like Sertec secure contracts,
increase revenue and expand their operations. aPriori is capable of
automatically generating not only the fully-burdened cost of a part, but
all of the associated details of how it can be manufactured most
efficiently. Details calculated by aPriori include: operation and
routing, machining and tooling, manufacturing times, materials, labor
and many other variable and capital costs."
Sertec will unlock further huge potential by deploying aPriori
technology to replace traditional cost-estimation techniques with
real-time cost visibility and estimation capabilities. Faster, more
detailed, more consistent cost estimates will allow Sertec to respond
more quickly to RFQs, win more profitable business and drive future
growth. With aPriori, RFQs for commodity parts will now be turned around
by Sertec in a matter of minutes, enabling its highly-experienced cost
engineers to focus on more complex part processes and overall production
strategy.
About Sertec
Founded in 1962, Sertec Group Holdings Ltd is a world class supplier of
steel and aluminum components to the automotive industry, with an
enviable list of leading brand clients. Celebrating its 50th
Anniversary this year, Sertec offers complete solutions from an
extensive range of production plants and equipment. Already operating
three UK plants, one in Estonia and a tooling operation in China,
Sertec's capacity continues to grow rapidly.
www.sertec.co.uk
About aPriori
aPriori software and services generate hard-cash 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 never
overpay for sourced parts. To see an overview demonstration of aPriori, click
here. To learn more about aPriori and its product cost management
solutions and services, visit www.apriori.com.
aPriori and aPriori Technologies are registered trademarks of aPriori
Technologies Inc.
All other trademarks, registered trademarks or service marks belong
to their respective holders.

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