Mentor Graphics Announces Further Capital Tool Expansion with New Product that Cuts Wire Harness Manufacturing Costs
Wilsonville, Oregon., November 14, 2011 - Mentor Graphics Corporation (NASDAQ: MENT) announced availability of Capital Harness MPM™, a software application that helps wire harness manufacturers cut production costs. Addressing manufacturing process management, Capital Harness MPM systematically models harness designs against production capabilities to create structured bill-of-materials data. This data is typically used to drive enterprise resource management (ERP) systems. Capital Harness MPM is part of the Capital® tool suite, a powerful electrical system and wire harness design environment for the automotive, aerospace and defense industries. The new tool delivers important additional production engineering capability to Capital’s Define-Design-Build-Service flow.
Wire harness manufacturing is a logistically challenging, multi-stage process that is difficult to optimize, especially because designs change frequently and configuration complexity is high. By analysing harness designs against factory capabilities, Capital Harness MPM helps identify what, where and how harnesses and their constituent sub-assemblies should be built. Manufacturing costs can be reduced by accurately reflecting optimized manufacturing patterns. In addition, Capital Harness MPM helps minimize inventory and obsolescence costs and achieve economies of scale by identifying sub-assemblies that are common across different harness designs. The automation delivered also helps minimize manufacturing engineering errors and cycle times, and reduces staff training costs.
Lyle Fahning, chairman of the Wire Harness Manufacturers Association (WHMA) said, "Good cost-effective designs are critical to meeting the customer needs in our industry and assuring profitability to our member manufacturing companies. Too often this is a manual, ad hoc process that fails to utilize appropriate tools for optimization of the design and manufacturing costs. Mentor is one of the very few software vendors worldwide with the expertise to develop application products to support this important product development process. Technology that helps our members understand design, manufacturability, and cost issues more effectively will make a major contribution to our industry."
Technically, Capital Harness MPM employs a reasoning engine specially developed for the wire harness domain. This reasoning engine intelligently decomposes harness designs into hierarchical assembly steps that match production capabilities. Manufacturing intellectual property can be flexibly and securely captured using an extensible rules-based approach so that (for example) custom-built production equipment can be modeled. Design data created in the Mentor® Capital HarnessXC™, Capital ModularXC™ or VeSys® Harness tools can be analyzed.
Martin O’Brien, general manager of Mentor’s Integrated Electrical Systems Division, commented, “The Capital suite already comprises products spanning electrical definition, design, build and service. Capital Harness MPM was a natural tool to develop because it addresses a subject with high commercial impact, and further extends the digital continuity delivered by the Capital flow and addresses a major pain point for many of our customers.”
About Mentor Graphics
Mentor Graphics Corporation (NASDAQ: MENT) is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues over the last 12 months of about $915 million. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.
(Mentor, VeSys and Capital are registered trademarks and Capital HarnessXC, Capital ModularXC, and Capital Harness MPM are trademarks of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners)
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