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How to Report on Sustainability When You’re a One-Person Team
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It’s no secret that the environment has suffered due to human production and consumption, so businesses are taking it upon themselves to implement sustainability action plans. But it can be hard to make sustainability a reality — especially when sustainability teams are the smallest in most companies.  On top of a lack of manpower, few…

Specright Raises $30 Million Series B to Support Explosive Growth
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Tustin, CA, July 13, 2021 — Specright, Inc., the pioneer of Specification Management software, which enables companies to manage and share supply chain data across suppliers, manufacturers, and retailers, today announced a $30 million Series B round of funding to support continued growth.  Led by Sageview Capital, with participation from VMG Catalyst and previous investors Pritzker Venture Capital Group,…

How to Develop a Unified Multi-Brand Strategy With Specification Data Management
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What do massive brands like Unilever, Nestlé, and even Adobe all have in common? They’re multi-brand companies.  But expanding your company’s brand portfolio is no walk in the park. It takes high levels of supply chain communication, a robust tech stack, and visibility into operations.  Unfortunately, most supply chain teams don’t have the tools they…

New to Specright: Document Broadcast, Pricing Tables, New Product Development Module, and More
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Specright is excited to announce several new capabilities and features included in Release 13.0, including: Specright Network Document Broadcast, Pricing Tables, the New Product Development Module, and IQ User Interface Improvements. Thanks to our users for the valuable feedback and insights they provide, helping us to expand the Specright platform and add a robust catalog…

Specright Becomes a GS1 US Solution Partner
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Tustin CA, May 25, 2021 – Specright is now a silver member of the GS1 US Solution Partner Program, a designation signifying a commitment to delivering services and solutions that enable quick, efficient and accurate GS1 Standards implementation. GS1 US® is an information standards organization that brings industry communities together to improve supply-chain business processes through the adoption and implementation of GS1 Standards. The…

4 Reasons Challenger Brands are Adopting Specification Management to Scale & Increase Speed to Market
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The CPG, food & beverage, and beauty markets have undergone a period of democratization over the last decade. Gone are the days where big corporations rule and tiny brands drool – thanks to the modern consumer. Today’s consumers want companies that are responsive to the latest trends on social media, can quickly meet their needs,…

What’s the Difference Between Supplier Collaboration and Supplier Management?
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It’s no secret that supply chain complexity has increased.  Thanks to an explosion of product customization and innovation, an insane volume of data passes through the supply chain every day. Not to mention we live in a “next-day delivery” world, putting the pressure on companies to be fast and lean within their supply chains.  But…

Supply Chain Lingo: What’s the Difference Between Contract Manufacturing and Private Label?
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So you’re ready to make a new product. A key consideration during the ideation phase is how you plan to make it – especially if you’re not an in-house manufacturing company and need outsourcing. Production is critical, since it shapes the amount of control, customization, and planning that goes into your new product.  The good…

4 Ways Digitizing R&D Drives Better Product Development
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When it comes to making a new product, there are tradeoffs between speed, quality, and innovation.  A successful product development cycle is no small feat, especially in today’s world, where collaboration is critical and consumer demands are increasing. So how do you successfully collaborate with supply chain stakeholders during product development? The answer: strong research…

How Blockchain Can Help Authenticate Your Products & Inspire Consumer Trust
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When it comes to blockchain technology, there’s a lot of talk, but not a lot of information about how it can be used and commercialized.  Beyond cryptocurrency, blockchain offers a wide range of solutions for tons of different industries – especially supply chain. In a world where we move fast and product moves faster, blockchain…

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