Cosmetics brands must digitize their specification data to keep up in a fast-paced industry. With complex formulations, evolving regulations, and consumer demand for transparency, relying on manual or siloed systems slows teams down. A digital foundation ensures accuracy, speed, and the agility needed to compete.
Results
Simplify the ideation process and increase speed to new market entry
Reduce incidents related to recalls
Reduce SKU proliferation
Improve the Quality of Your Products
Compile data faster for regulatory and sustainability reporting while maintaining full traceability of every material, ingredient, and component. With a digital record of product history, teams can respond quickly to compliance requests and build confidence in reporting accuracy.
Results
Reduce costs associated with defects
Reduce regulatory risks
Increase transparency with consumers
“As we add more specs and run them against sales, we can see what truly adds value. In typical sales by catalog or contract manufacturing, it’s hard to move past someone saying, “I feel.” With Specright, we can see if the data supports a change or not. Being able to review specs with sales data is changing the way we do business.”
Molly Fiedler
Chief Innovation Officer, Kira Labs
Keep Your Specs in Compliance with MoCRA Regulations
The Modernization of Cosmetics Regulation Act (MoCRA) was passed in December 2022, and is the first major amendment to the FDA’s cosmetics regulatory framework in 85 years. This regulation will require compliance from cosmetic suppliers in areas such as good manufacturing practices, mandatory ingredient listings, allergen transparency, and more.
Specright’s Specification Data Management™ (SDM) platform was designed as a single source of truth for critical product and packaging data. By taking a spec-first approach to data management, companies can manage all of the above in the Specright platform.
Centralizing specification data gives you a clear view of what’s used across all products today. With that visibility, teams can spot opportunities to consolidate materials and suppliers, streamline contract manufacturing, and make smarter business decisions.
Results
Simplify purchasing and procurement
Improve supplier compliance
Increase accuracy in supplier data
Take Action on Sustainability
Visibility into what’s used across all products makes it easier to consolidate materials and ingredients. With that insight, teams can phase out non-sustainable options and make smarter sourcing decisions.
Results
Increase your brand reputation
Perform LCA and cost assessment during ideation
Accelerate EPR reporting
Kira Labs Enables Fast Beauty Product Development
Kira Labs is a leading marketer and manufacturer of beauty innovations, featured in more than 10,000 stores and 100 countries around the world.
Learn how they’ve used Specright to drastically reduce the NPD cycle and increase collaboration across sales, operations, and product development teams.
The Benefits for Beauty Companies of a Digitized Specification Management Platform
Steve Cholowsky, Executive Director of Global Packaging, Sustainability, Value Engineering, and Technical Services at Avon, talks about the pain points his team has had without a digitized and optimized Specification Management system, including streamlined reporting for things like Extended Producer Responsibility (EPR) and sustainability, data accuracy, and visibility.
Beauty Resources
Learn more about the value Specright can bring to your business from these resources.
With 5 million+ products on Specright’s Specification Data Management (SDM) platform, we’re helping some of the world’s largest companies and challenger brands optimize costs, accelerate innovation, and reduce waste. See how you can join the Specification Management movement — we’ll start with a brief call to understand your goals and then schedule a tailored demo experience that fits your needs.
