The partnership enables companies to marry supply chain and purchasing data to drive sustainability, accelerate product development and find ways to reduce costs.
Tustin, CA - May 4, 2022 - Specright, the leader in Specification Management software, now has its platform listed on the SAP Store, as a complement to SAP’s Enterprise Resource Planning (ERP) and Product Life Management (PLM) solutions. Specright’s Specification Data Management platform is the first cloud-based solution for Specification Management, enabling companies to manage the DNA-level data of products and packaging across their supply chain in a single source of truth. Many companies are shifting to a spec-first approach to managing their supply chain to drive sustainability, accelerate product development, and find ways to rationalize SKUs and reduce costs.
“A core value of Specright is to enable our customers to make amazing things,” said Adam Armstrong, Vice President of Strategic Partnerships, Specright. “One way we accomplish this is by partnering with industry leaders and innovators, like SAP.”
Specright’s Specification Data Management platform integrates with SAP S/4HANA and SAP Master Data Governance to enable analytics and supplier collaboration that drive cost savings, sustainability, and speed to market across customers’ supply chains.
“Specright and SAP have significant customer overlap so integrating our solutions is extremely valuable to our current and future customers,” said Kange Kaneene VP, SAP.iO Foundries North and Latin America. For example, we have seen customers drive economies of scale with their supply base through automated combination purchase order recommendation in Specright, fueled by SAP inventory data.”
In 2021, SAP selected Specright to participate in its SAP.iO Foundry New York startup accelerator program for a cohort specifically focused on sustainability for consumer and retail industries. SAP.iO Foundries is SAP’s global network of no-equity ask startup accelerators. The Foundries provide technical and go-to-market support to help startups integrate with SAP and accelerate entry into a curated inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers.
“Specright’s solutions are instrumental for many SAP customers, so it was a no brainer to partner with them through SAP.iO and help Specright launch in the SAP Store,” said Sallie Jian, Head of SAP.iO Foundry New York.
“We believe this will create many future synergies with our customers and we’re excited to see what’s to come.”“Our customers are on a digital transformation journey, and we know this can’t be achieved with one solution – it takes an ecosystem,” said Armstrong. “We’re excited about reaching more people through the SAP Store who may not know where to start when it comes to digitizing, automating, and optimizing their specification data.”
ABOUT SPECRIGHT - Specright is the first purpose-built platform for Specification Management. Whether it’s packaging, raw materials, formulas, products, or machines, Specright helps companies digitize, map, and take action across their supply chain to reduce costs, increase profitability, and drive sustainability. Specright serves customers across industries, including packaging, food and beverage, consumer packaged goods, pharmaceutical, retail, industrials, and more. For more information, visit: www.specright.com.