Product Lifecycle Management & New Product Development

With Specright, you'll accelerate speed to market by managing all the data you need to make products in one place. Streamline project management, quickly build out BOMs, and forecast costs to determine profitability and sustainability of your new product ideas.

What Product Leaders Say
"…We went down the path with PLM SAP several times and the product in and of itself is overly complex…When we came across Specright, it's the ease of use of the tool. If you look at the platform, you look for an item and traverse through the lineage of the ingredients and the packaging and the labels, it's so easy to use that then we got more adoption and more support to do the project."
Tony Costa
Former CIO, Bumble Bee Foods
What we're doing with Specright is strengthening up the whole product life cycle management process. We have some island systems today that do some of these things, but all of those challenges – disconnected systems, arguments about data... these things just don't make sense now. With Specright, we decided to put this PLM system in place and actually drive it forward.
Frank Ardite
Global Quality & Digitization Director, BASF
"Specright is a huge time and sanity saver. We now have one version of the truth that is far more reliable than the old way of doing things. It outperformed all the other systems we considered because it provided complete transparency down to the individual component level.”
Andrew Kesler
Corporate Director of Supplier Food Safety & Compliance Systems, Taylor Farms

Manage New Products and Product Changes

Drive innovation by logging, tracking, and prioritizing requests.

Streamline requests via centralized and standardized NPD forms, while making the validation process easier. Take advantage of Spec Compare to see old versions of specs compared to their new counterparts, as well as compare both parent and child records. This provides a comprehensive view of your specification data relationships and cost differences between specs. By tying performance to products at the spec level, you can forecast success to intelligently strategize which requests to prioritize.

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Leverage Existing Specifications for Faster Time to Market

Enable faster turnaround and fewer errors during NPD.

Clone and easily edit product specs to fit your new design, saving time and allowing you to give your customers what they want faster. If you want to build a brand-new spec, use the Like Item Finder to easily search for existing specs and link them to new projects to accelerate ideation, while applying learnings from previous or existing product development cycles.

See Where Projects Stand – and Keep Them Going with Workflows

Break down silos between across teams with workflows, reporting and dashboards.

With workflows, approvals, and automatic alerts, you can collaborate effectively across departments, identify bottlenecks, and accelerate the product development cycle. Specright’s reporting features give you visibility into each step of the product development process to better measure effectiveness and help you manage efficiency.

Manage Recipes and Formulations

Managing recipes and formulations is a critical – especially when things change due to reformulations or supply chain issues.

With Specright, you’ll have all the data you need at your fingertips to ensure formulas and recipes are up-to-date, changes are tracked, and new versions approved.

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Increase Margin with Advanced BOM Costing Analysis

Forecast product costs to gauge profitability early on.

Specright automatically rolls up cost data from raw materials to the finished good level and Bill of Material level so you can quickly evaluate new products and determine profitability.

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Create Sustainable Products without Increasing Costs

Track sustainability throughout the product development cycle.

Specification linkages enable users to easily see the materials being used by each product, so you can understand the sustainability of products as you create them.  Enforce sustainability requirements, get recommendations on material substitutions, and quickly report on raw material usage across products and packaging – all within Specright.

Manage your entire product life cycle, from ideation through end-of-life.

10
%
Faster New Product Introduction
25
%
Reduction of Non-Sustainable Materials
55
%
Reduction in Duplicate Specs
10
%
Reduction in SKU Overlap

Kira Labs Enabling Fast Beauty With Specright

Kira Labs is known for its ability to go from consumer insights to store shelves in record time. Learn how they centeralized specifications to increase speed-to-market and decrease the product development cycle.

View Case Study

All the data you need to make and develop products in one easy-to-use platform

Specright gives brands and suppliers the control over spec data to drive quality, customer delight, and profitability, in one, easy-to-use Specification Management solution.

Packaging Management Software Solutions
Report and improve sustainability, standardize design processes, and rationalize SKUs.
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Product Data Management
Manage raw materials, ingredients, formulas, recipes, BOMs, and finished goods, search specs and related documents, and identify similar specs quickly.
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Product Lifecycle Management & New Product Development
Streamline product management, quickly build out BOMs, and forecast cost formulas.
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SDM for Sustainability
Dashboards and reporting software enforce sustainability requirements, benchmark and track across suppliers, and comply with EPR and the UK plastics tax.
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Supplier Management
Drive traceability and accountability, track supplier performance, and supplier community.
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Quality Management
Drive visibility and traceability, prevent quality issues, and document management and actions.
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Document Management
Document storage, add meta data, manage expirations, rules, and workflows, connect to suppliers, ingredients, products, and BOMs.
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The State of Specification Management Report
In recent years, we’ve seen rapid growth in companies digitizing, centralizing, and collaborating on their specification data. But with this growth, comes lingering challenges -- specifically around legacy software solutions, manual processes, and companies trying to address growing compliance and regulatory pressures.

Read the report to learn why legacy systems like PLMs, ERPs, and non-purpose built solutions are proving insufficient to manage the granular level of specification data. You'll also learn about initiatives companies are taking to address these challenges and optimize their data management.
Download the Report
Implementation Services

We get it – your data is scattered across your supply chain. Our team of professionals is here to guide you every step of the way so you can take control of your data and get up and running on Specright.

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Spec Academy

Our online certification program teaches you how to use a spec-first approach to supply chain management. Start today and get started on your path to becoming Specification Management Certified.

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Specright eliminates heavy administrative workloads so you can focus on making amazing things.
Learn more about Specification Data Management and schedule a demo today.
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PLM and NPD
 Resources