Mastering Product Modeling
as a manufacturer
In today's highly competitive manufacturing landscape, efficiency, accuracy, and agility are paramount. The ability to configure complex products swiftly and accurately is the key to staying ahead of the curve.
That's where Configure, Price, Quote (CPQ) solutions for manufacturers come into play. One of the foundational pillars of CPQ is product modeling – a game changer for businesses striving to streamline their operations, and enhance customer satisfaction.
What is Product Modeling in CPQ?
Product modeling is the art of defining, organizing, and configuring your products and services within a CPQ system. This digital foundation streamlines the entire quoting and ordering process, allowing manufacturers to manage complex product catalogs, assemble components, and create customized configurations with ease.
The advantages
of effective Product Modelling
Configurability
Product Modeling enables the easy assembly of products from various components and ensures that only valid configurations are presented to sales teams and customers.
Error-reduction
By defining product rules, and constraints in the CPQ system, you minimize the risk of order errors. The system automatically validates configurations, eliminating costly mistakes.
Customization
Tailoring products to meet individual customer needs becomes effortless. Product modeling allows you to create variations, add options, and adjust features according to specific requirements.
Efficiency
With predefined product models, you significantly reduce the time it takes to generate accurate quotes and orders. Your sales teams can focus on selling rather than grappling with complex configurations.
Key features of Product
Modeling in CPQ
Hierarchical Structures
Create hierarchical product structures with CPQ solutions, defining the assembly of products from components, subassemblies, and parts to streamline production processes.
Customization
Product attributes and dependencies ensure that product options and features are logically connected, preventing incompatible configurations.
Reuse and Optimization
Optimize product configurations with an efficient CPQ system that reuses product modules and focuses on performance criteria like cost and efficiency.
Visualization
Enhance understanding of complex configurations for sales teams and customers alike with CPQ solutions that feature 2D and 3D product visualization.
Let us help you!
Mercura CPQ, empowers manufacturers to master product modeling, streamline their quoting process, reduce errors, and ultimately deliver the tailored solutions that customers demand.