Defy data silos with a product management solution
The research, development, and design of new products or the re-design and modification of existing ones requires strong coordination across the organization and easy access to up-to-date product information. Discover Rand Group’s cloud-based product management solution that integrates with your ERP system for a seamless data flow across the supply chain.
A cloud-based product management solution to streamline development
Managing ever-changing product information is essential to keep your product-focused business organized and able to fulfill customer orders in a timely manner. Rand Group’s comprehensive, cloud-based product management solution provides organizations a tool to keep a shared and singular version of truth for all item master data. It provides costing flexibility, controls engineering change orders, and creates visibility for vendors and suppliers to maintain up-to-date pricing, inventory, and product content. From product definitions and configurations to the distribution, export, and import of product data, our solution brings together the tools you need to effectively manage and administer product master data right from your existing ERP system.
Rand Group understands the complexities of product management and offers a solution so you can defy data silos, boost product quality, digitize product catalogs, control the authorization and release of product information, and reduce the time from product development to sales. Our team of software engineers and industry experts will implement the solution, tailor it to your unique business processes, integrate it with the rest of your technology stack, including ERP such as Dynamics 365 or NetSuite, and train your users for long-term success.
Rapidly develop and launch products
Ensure efficient production lines by effectively managing product revisions and by predicting and resolving quality issues. Streamline new product development and introductions by enforcing readiness checks to ensure that product information is up-to-date, complete, and accurate.
Easily update and customize products to customer needs
Leverage customer feedback and market insights to drive product changes that serve to expand product functionality and reliability. Use engineering versions to keep the various forms of a product and its data current, clear, and visually represented in the system.
Maintain accurate and up-to-date product information
Define, standardize, and distribute production definitions, product masters, and variants across the enterprise. Digitize and optimize the creation, maintenance, and easy shared access to the product catalog. Support the release of authorized products to specific legal entities.
Product management features included in Rand Group’s solution
A robust product management solution will help your organization establish and maintain data needed for the research, development, and design of products. With Rand Group’s solution, your product-based businesses will have the tools you need to manage all of the master data you need to run smooth manufacturing and supply chain operations.
Product management capabilities:
- Integration with ERP solutions including Dynamics 365 and NetSuite ERP
- Inventory tracking, planning, and costing of items
- Creation and maintenance of digital product catalogs
- Location specific settings
- Revision controls to manage and track changes between BOM component versions
- Engineering change management to fulfill requests for product alterations
Discover other business solutions offered by Rand Group
Rand Group offers numerous solutions for supply chain operations that we tailor to each client to transform your operations. Our team of software engineers will ensure your solution integrates with the rest of your technology stack and can accommodate unique processes and facilitate data flows. Explore other solutions below to compliment product management.
Demand Planning & Forecasting
Ensure you always have the right amount of inventory on hand to fill orders by accurately forecasting needs based on historical demand, seasonality, open opportunities, and sales forecasts. Calculate and generate both demand and supply plans, plus execute orders using a comprehensive demand planning and forecasting solution.
Procurement
Streamline procurement operations with a solution that includes workflows for purchase requisitions, RFQs, and trade agreements, plus realize maximum cost savings by automatically applying negotiated pricing policies. Build redundancy in supplier networks and improve vendor collaboration with Rand Group’s procurement solution.
Warehouse Management
Rand Group understands the unique challenges that come with inventory and warehouse management and provides software solutions to streamline operations, eliminate manual processes, optimize inventory, and enhance profitability. View solutions for barcoding, pick and put away, and inventory management.
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