Component Vitality

Rand has not only mastered the art of Quality and customer service, we also have spread our reach in creating alternative solutions and cost reduction techniques. With over 50 years of business intelligence and market research experience , we provide a novel and tested way of reducing our customers cost of procurement. The Component Vitality® Program generates cost reductions in a customer’s Bill of Materials by providing market intelligence and pricing on individual parts. These programs create flexibility in a Bill of Materials by providing recommendations on lower cost alternatives for individual parts, solving cost of goods issues with sole sourced components.

Component Vitality™ Highlights:

  • Pricing on Incumbent components
  • Alternative solutions for cost reduction & BOM flexibility
  • Market Intelligence on spot market opportunities
  • Custom Memory modules
  • 2nd sourcing of complex assemblies
  • Dedicated team of Rand Degreed Engineers to find alternatives
  • Inventory Balancing
  • Royalty based service

Component Vitality™: Rand’s unique concept which gives customers access to Rand’s intellect, market analysis, and Engineering capabilities to reduce cost and provide flexibility. The industry recognized choice of Fortune 50 Corporations.

 

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