Press Release
Upcoming Webinar

Specright Introduces Innovative Packaging IQ Feature

Posted on 
December 7, 2017
12.7.17
Thursday
Register
Download Presentation
Watch the Webinar

Specright's platform is made for companies that purchase packaging and raw materials. It is designed by all stakeholders in the supply chain, making it superior to traditional solutions. Specright is continuously innovating its platform to ensure it provides the most effective way to control specifications. With the adoption of the latest advances in AI, Specright builds on the foundation of specification data management to drive an even higher ROI.

Speakers
Bringing together leaders in industry and technology to drive innovation.
Matthew Wright
Founder & CEO
About Matthew
Matthew Wright is the founder & CEO of Specright, the first cloud-based platform for Specification Management. Specright has been recognized as a Gartner Cool Vendor, received the Salesforce Innovation Award and was named one of the Top Places to Work by the OC Register and Built in LA. Wright is also a published author and his book, “The Evolution of Products and Packaging,”was named to the Amazon Hot New Release List for Industrial Relations Business and has a five star rating.

Prior to founding Specright, Wright spent more than 25 years in the packaging industry, holding leadership positions at International Paper, Temple Inland, and rightPAQ — a packaging company he co-founded. He has also been involved in leading multiple M&A deals in the packaging industry and sits on the Packaging Advisory Board at Cal-Poly San Luis Obispo.
No items found.
Discover the value of a Spec-first approach to your business
Get Started

Specright Introduces Innovative Packaging IQ Feature

Specright's platform is made for companies that purchase packaging and raw materials. It is designed by all stakeholders in the supply chain, making it superior to traditional solutions. Specright is continuously innovating its platform to ensure it provides the most effective way to control specifications. With the adoption of the latest advances in AI, Specright builds on the foundation of specification data management to drive an even higher ROI.

Download Case StudyDownload Case Study
Impact Metrics
-
+
-
+
-
+
-
+
The Impact
Specification Management Summit

Join us for the industry leading Specification Management conference. Specification Management Summit will be held Jan. 16-18, 2023, in Nashville TN.

Learn More
Academia

Specright partners with the leading Packaging Academia programs in the U.S., enabling the future workforce with hands-on experience to its Specification Data Management platform.

Learn More
Discover the value of a Spec-first approach to your business
Get Started
Press Release

Specright Introduces Innovative Packaging IQ Feature

Specright's platform is made for companies that purchase packaging and raw materials. It is designed by all stakeholders in the supply chain, making it superior to traditional solutions. Specright is continuously innovating its platform to ensure it provides the most effective way to control specifications. With the adoption of the latest advances in AI, Specright builds on the foundation of specification data management to drive an even higher ROI.

Posted on 
December 7, 2017
12.7.2017
Thursday
RegisterRegister
Download Presentation

Specright's platform is made for companies that purchase packaging and raw materials. It is designed by all stakeholders in the supply chain, making it superior to traditional solutions. Specright is continuously innovating its platform to ensure it provides the most effective way to control specifications. With the adoption of the latest advances in AI, Specright builds on the foundation of specification data management to drive an even higher ROI.

Specright Introduces Innovative Packaging IQ Feature

IRVINE, Calif., Dec. 7, 2017 /PRNewswire/ -- Specright, a leading provider of SaaS Solutions for specification data management, announced today a significant update to its platform. The new IQ feature leverages machine-learning algorithms to uncover cost-saving opportunities that are immediately actionable to its customer base.

Specright's platform is made for companies that purchase packaging and raw materials. It is designed by all stakeholders in the supply chain, making it superior to traditional solutions. Specright is continuously innovating its platform to ensure it provides the most effective way to control specifications. With the adoption of the latest advances in AI, Specright builds on the foundation of specification data management to drive an even higher ROI.

Today, the Specright platform manages specifications for customers across Food & Beverage, CPG, Cosmetics, Automotive, Chemicals, Packaging Distribution, and Manufacturing. Through an intelligent integration of this data and third party data, IQ proactively identifies ways to reduce costs and increase efficiency within each packaging commodity type. The IQ tool is launching with corrugated packaging January 1st and will expand to additional categories in early 2018. The automated analysis of this customer data provides Specright customers with actionable insights that were previously unattainable.CEO Matthew Wright said, "We are very excited about IQ. Specright's first venture into artificial intelligence is driving double-digit percentage cost savings for customers while increasing efficiency for suppliers at the same time. One customer has already found over $2 million in potential savings on a $25 million corrugated spend."The IQ tool is launching with corrugated packaging January 1st and will expand to additional categories in early 2018. Currently, a set of Specright customers are using a Beta version of IQ. If you would like to learn more about all of the benefits of using Specright, please visit specright.com for a free trial.

About Specright - Specright is a leading provider of cloud-based SaaS software for specification data management. Whether it's packaging, formulas or other specifications, Specright helps companies reduce costs and empower efficiencies by sharing, analyzing and auditing specifications.Specright's intelligent Specification Data Management Platform is available anytime, anywhere from any device. Founded in late 2014, Specright is privately held and headquartered in Irvine, CA. To learn more, please visit specright.com

About 
Specright Announces Integration with EcoImpact-COMPASS, Leading Life Cycle Assessment Solution
By 
With 
11.9.2021
Tuesday
Listen Now
Specright Annual Scholarship: Packaging Students Weigh in on How to Tackle Sustainability
By 
With 
Adam Armstrong
5.19.2022
Thursday
Listen Now
Explore More Topics
Get Started
With Specright’s Solution Suite, you can digitize, centralize, and link your specification data to drive efficiencies, intelligence, traceability, and collaboration within your organization and across your supply chain network.
Get Started