Reseller agreement brings leading enterprise product cost management capabilities to the world’s largest manufacturing market

CONCORD, Mass. & BEIJING — (BUSINESS WIRE) — May 19, 2015 — aPriori, a provider of enterprise product cost management software solutions, and Beijing RAINFE Technology Company Ltd., a leading product lifecycle management software developer, reseller and services provider in China, today announced a new reseller agreement that will bring aPriori’s market leading technology platform to Chinese manufacturers. RAINFE will market, sell, implement and support aPriori’s product cost management solutions for its many clients in the aerospace, marine, defense, automotive and energy industries. RAINFE will also serve as an aPriori Certified Design Services Bureau in China, providing aPriori customers with operations in China with access to highly qualified local resources available to support their deployments and growth.

The aPriori platform will complement RAINFE’s experience in manufacturing design, product development, engineering and related services and help its clients reduce product cost and increase profitability across their enterprises. The company has over 200 engineers and consultants on its staff and is well known in the region for its expertise in conceptual design, CAD, CAE, PLM and specialty test solutions. It also partners with both American and European companies to resell and deliver services for software solutions and test hardware.

“Rising labor rates, changing government regulations and new environmental pressures are forcing Chinese manufacturers to better manage development and supplier costs to remain competitive in the global marketplace,” said Kevin Zhao, CEO of RAINFE. “Our partnership with aPriori will help us capitalize on this growing demand with a solution that is unmatched in the market. The ability to provide real-time product cost data on demand across the enterprise will enable our customers to drive new levels of efficiency and profitability in their businesses and gain real competitive advantage.”

The aPriori product cost management platform is architected 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.

“RAINFE has a very successful track record delivering high value software and services solutions for the Chinese manufacturing market,” said Scott Carlyle, vice president, global sales for aPriori. “Partnering with an established player with such strong engineering capabilities and domain expertise enables aPriori to deliver the best solution and support possible to manufacturers in China. This is a tremendous opportunity for both companies.”

About Beijing RAINFE Technology Company Ltd.

Beijing RAINFE Technology Ltd. is a leading software developer, reseller and services provider for the Chinese aerospace, marine, defense, automotive and energy industries. The company has been serving manufacturers in China for over 15 years and has considerable expertise in conceptual design, CAD, CAE, PLM and specialty Test solutions. In a 2010 CIMDATA report, RAINFE was selected as one of the top 10 PLM solutions providers in China. They are also MSC’s largest reseller in the Aerospace industry. They hold numerous patents in the design space in the US as well as in China.

For more information, visit http://www.rainfe.com/ or in China, call + 8610-82119375. In the US, call 617-943-4824.

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.

aPriori on Twitter @aPriori_Inc.
aPriori on XING https://www.xing.com
Enterprise Product Costing Blog

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20150519006245/en/

Contact:

For aPriori
Tim Walsh, 617-512-1641
Email Contact
or
For RAINFE
CAO Quixi, +86-10-82119355-665
Email Contact