Mentor Graphics introduces two supply chain-focused tools
Nov 08, 2013 (MarketLine via COMTEX) --
Mentor Graphics Corporation, a provider of electronic design automation software and hardware solutions, has introduced the Valor Information Highway and the Valor Warehouse Management products, two supply chain-focused tools.
Together, the two new products provide real-time material consumption and spoilage data, facilitating total materials management and traceability over the entire warehouse infrastructure, logistics, shop floor storage areas and direct points of use. For the first time, manufacturing teams can easily access data from all aspects of the shop floor, supply chain, quality, planning and product engineering through a single software suite.
The Valor Information Highway product provides accurate, real-time access to warehouse and shop floor information, available in the highest level of detail. This product is unique in that it does not require complex integration, avoiding the high cost of customization with various engineering services, nor does it create complex dependencies between systems.
Users have a single consistent source of data, both live and on-demand, that represents the entire integrated shop floor environment-from engineering and planning to performance, materials, tracking and quality information. The information and reports that can be generated from the Valor Information Highway product provide essential performance and traceability data to drive continuous improvement.
The new Valor Warehouse Management tool provides the industry's most comprehensive materials management solution - a single environment spanning multiple local and remote warehouses and shop floor storage, from initial material receipt, logistics and storage management.
The Valor Warehouse Management product is easy to use, comprising automated PDA-based material task assignment and advanced configurable logistics rules, including both Kanban and "just-in-time" material delivery protocols. This assures optimum performance and efficiency of materials logistics and warehouse organization. Automated direct gathering of consumption and spoilage data ensures complete and accurate inventory, which avoids unexpected materials shortage and material overstocking.
"Valor products have demonstrated significant operational improvements and high return on investment for our customers in the areas of NPI, process preparation and shop floor operations," stated Dan Hoz, general manager of Mentor Graphics Valor Division. "I am confident that the new tools will also provide the high value that our customers have come to expect from our products, by improving their ability to control material costs and reduce waste."
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