Specification Management is the process of building and collecting DNA-level information, or specifications, for products and packaging into a centralized system. Specification Management is the key to making products and packaging efficiently while also mitigating risks.
Today, the world is demanding more of products and packaging: they need to travel through different channels, reach destinations all over the world, be sustainable, meet ever evolving regulatory requirements, and keep up with changing consumer tastes.As a result, product variation has exploded – meaning more SKUs (stock keeping units), more suppliers, more departments, and ultimately, an explosion of data to manage.
From recalls, delayed launches, allowable waste, and more, most organizations weren’t equipped to keep up – until now. Specification Management enables companies to get the root of product and packaging related issues: their specification data.
At Specright, we’re working with some of the most established brands to help them reimagine how they make products to challenger brands who inherently want to disrupt the status quo. We’re passionate about Specification Data Management because it’s the right approach – and it enables people to spend more time doing what they love: making amazing products and delighting customers.
Specification Management platforms enable companies to digitize, map, and operationalize specifications along their supply chain. Digitization creates a single source of truth for how things are made and provides an audit trail of what changes were made, by what partner, and at what time. Mapping helps connect critical data - such as associating suppliers and vendor master data to specifications or finished goods. Existing vendor management software solutions or supplier onboarding tools miss these critical connection points. By connecting specifications to other critical data such as suppliers and facilities, organizations can create a digital thread using Specright as their supply chain platform.
Specright’s Specification Data Management platform has been issued a patent for the unique “many-to-many” data relationship structure, fundamental to the technology's functionality.
Without Specright, specification data is typically housed in an array of static systems – whether it’s email, spreadsheets, legacy systems, or shared drives. These static systems often result in siloed data that lacks the accessibility and standardization needed to function as a source of truth for the supply chain, inhibiting collaboration.
The many-to-many relationship structure enables companies to link together all the data related to making a product, from its packaging specifications, quality specifications, manufacturing specifications, and more. With the many-to-many data linkages, it’s easy to make and manage specification changes, as they automatically propagate through all shared linkages.
Specright’s patented many-to-many data structure has revolutionized the way the supply chain operates, enabling collaboration, resilience and agility.
Frequently Asked Questions
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