Packaging Design

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…

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How to Create Effective Specifications for Products and Packaging

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Here at Specright, we talk about specs A LOT.  Specifications include the data and instructions to create consistent products and packaging. This includes data points such as formulas, raw materials, packaging, ingredients, and so on.  And the growing complexity of products as a result of eCommerce, consumer preferences, sustainability goals, and globalization has resulted in…

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Why Retailers Need Product Data Management for Private Label Products

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The push for private label products is evidence of the current era of personalization. Personalization creates a level of exclusivity, something more than what can be found and purchased just anywhere. Retailers are taking note of consumer preferences for personalization, exclusivity, and value, and using it to their advantage by giving their own private label…

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Beauty and Cosmetics

From Procurement to Packaging: 4 Ways Specification Management Supports Your Beauty Brand

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In an industry worth $532 billion, beauty companies have plenty of incentive to build a strong brand. In fact, one Nielsen study found that nearly 60 percent of all consumers prefer to buy products from brands with which they’re familiar. Companies can build this familiarity through their marketing, packaging, messaging, and product quality. In a…

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Sustainability SDM Field Image

3 Ways Specification Data Management™ (SDM™) Promotes Sustainability

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Every piece of the supply chain is affected by big data. One estimate by IBM suggests that we will have 300 times more information in 2020 than we did in 2005. As companies collect and store more data than ever before, it’s becoming increasingly important to have a way to tap into these data reserves…

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“Spec Drift” Effects Business Efficiency

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“Spec Drift” Effects Business Efficiency By Matthew Wright Spec Drift – it sounds like something that goes on at a ski resort. However, Spec Drift is in fact the shifting of an element or elements from an intended product specification. Commonly, a spec can drift so much that the original intention is nowhere to be…

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Specright raises funding to bring technology to packaging industry

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Specright raises round to fix the user experience in packaging. -by Matthew Wright | Founder & CEO Specright secures funding for packaging spec system Today we are thrilled to announce that Specright has secured funding from Mucker Capital, Okapi Venture Capital, and Fika Ventures to deliver enhanced packaging supplier management tools and supply chain analytics.…

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Managing the DNA of Packaging Specs Intelligently to Drive Cost Reductions and Business Efficiencies

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Managing the DNA of Packaging Specs Intelligently to Drive Cost Reductions and Business Efficiencies Accurate packaging specifications enable any supply chain to function faster and effectively, while inaccurate specifications impact logistics, transportation, speed to market, responsiveness to recall/failure, etc. Listen to Matthew Wright, Specright CEO and Founder speak to standing-room-only crowd at Pack Expo International…

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Simple Packaging Specification Creation for Packaging Engineers

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Packaging Engineers can quickly create specs using Specright Specright’s Specification Data Management solution makes it easy for packaging engineers and technologists to streamline packaging specification creation. With Specright,  users can quickly and efficiently search, find or create new specifications from scratch or from existing specs, all while keeping key stakeholders in sync. Our solution saves…

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Instantly Find Packaging Specs that Match your Key Attributes

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Use Specright’s Like Item Finder to instantly find similar packaging specs. Instantly Find Packaging Specs that Match your Key Attributes In today’s demanding consumer goods environment, goods-producers are creating thousands of new product SKUs everyday to satisfy consumer demand. Along with these new products, come new packaging specs. Specright’s Like Item Finder makes it easy…

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