Product

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…

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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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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…

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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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product development

3 Ways Your Supply Chain Can Impede Product Development

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You’ve got a million-dollar idea. But unfortunately, that isn’t enough to launch a successful product. Now, it’s a matter of determining its viability in the market, and much of your success comes down to how well your supply chain functions. Time to market, costs, and how you respond to shifts in market demand can make…

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The Latest in Specright: Product Release 8.0

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Release 8.0 is here, and we’re excited to share the new features and capabilities now available to Specright users.  We’ve added Data Auditing, a Clone From tool, a Related List view, and Custom Action Buttons. You asked, we listened; thanks to all of the user feedback that has helped shape Release 8.0. Specright Exchange: Data…

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March 2020 New Release Header

New to Specright: Bids, Sustainability Dashboard, Supplier Document Management and More

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Specright is excited to announce several new capabilities and features included in our May 2020 – 7.0 release: improvements to Specright Exchange – Bids, Sustainability Dashboard, Supplier Document Management, Unit of Measure Conversion, Live Chat, Map Enhancements, and Packaging News Thanks to a great deal of valuable feedback and insights from users, our platform has…

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Granular Specification Data Can Spur Product Development

4 Ways a Granular View of Specification Data Spurs Product Development

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What’s involved in an effective product development plan? Companies may be surprised to learn that success in this area often has more to do with their people and processes just as much as their technology.  Whether you’re developing a new type of drink, snack, or household gadget, product analytics matter. Intelligent use of data is…

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Brand Identity with Specright

How Specification Management Software Protects Your Brand Identity

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Building a strong brand identity is a process that requires research, time, money, and considerable effort. This makes sense, as brand identity dictates public perception and how current and potential customers feel about the values your company represents and the products and services it offers. In an increasingly global market, more companies are investing in…

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Product LifeCycle Vs. SDM

What’s the Difference between Product Lifecycle Management and Specification Data Management™?

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Specification Data Management (SDM™) and Product Lifecycle Management (PLM) share similarities, but the two terms are far from interchangeable. By definition, PLM software is a repository of data used in the design and manufacturing process of a product throughout its lifecycle — development, rollout, growth, stability, and decline. The idea behind using PLM software is…

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