It's a guideline. If you have a player with those ratings, he might be acceptable, but he won't be awesome. I try really hard to have at least those ratings for my players, but sometimes very high glove can make up for low range and vice versa. Just like most things here, you have to try different things out and see what you can make work or not. By Fielding/Glove/Range, my SS is 85/86/89, 2B is 80/75/60, CF is 78/90/63, 3B is 74/74/82, RF is 59/50/68, LF is 74/69/53, and 1B is 41/39/37. My catcher is 15/35/85 with an 83 pitch call. My 2B, 1B, and RF backups are all above average defensively for their positions.
I'd say that there are certain players who have to be in the lineup for any given team, so you can start with putting them somewhere in the field and work from there.