Machinedesign 9877 Apriori Reducing Current Product Costs 770x400 0

Reducing Current Product Cost: Challenges & Opportunities

May 19, 2017
Identify the Parts with the Greatest Potential for Significant Cost Savings. Sponsored by aPriori
Current products provide the biggest, short-term opportunity for reducing product costs by:
  • Identifying savings on outsourced parts
  • Finding savings in redesign
  • Optimizing costs on a higher volume of parts by consolidating similar parts
  • Consolidating suppliers
  • Improving engineering productivity in redesign projects

This whitepaper explains how leveraging these opportunities requires changes on both the people and the technology sides of the business.

Sponsored Recommendations


May 15, 2024
Production equipment is expensive and needs to be protected against input abnormalities such as voltage, current, frequency, and phase to stay online and in operation for the ...

Solenoid Valve Mechanics: Understanding Force Balance Equations

May 13, 2024
When evaluating a solenoid valve for a particular application, it is important to ensure that the valve can both remain in state and transition between its de-energized and fully...

Solenoid Valve Basics: What They Are, What They Do, and How They Work

May 13, 2024
A solenoid valve is an electromechanical device used to control the flow of a liquid or gas. It is comprised of two features: a solenoid and a valve. The solenoid is an electric...

A Guide to Accelerating Microgrid Projects

May 7, 2024
Read this eGuide for more information on how to accelerate and simplify your microgrid project.