How to Reduce Packaging Costs and Drive Sustainability
With rising inflation and a pending recession, many companies are publicly (and privately) creating initiatives in an attempt to take hundreds of millions of dollars of packaging out of their supply chains. But packaging is about more than just financials, it’s also about sustainability. And reducing packaging costs while driving sustainability doesn’t have to be a trade off – if you have the right data and tools in place, you can do both.
Matthew Wright
Founder & Executive Chairman, Specright
PackagingSustainability
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Inside the eBook, you’ll learn…
A brief overview of packaging market dynamics
How companies can use packaging data to drive spend reduction
How to evaluate sustainability and take your packaging reduction initiative to the next level
“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
Matthew Wright
Founder & Executive Chairman, Specright
Matthew Wright is the founder & executive chairman of Specright, the first cloud-based platform for Specification Management. Specright has been recognized by Fast Company’s prestigious Most Innovative Companies list, named a Gartner Cool Vendor, and as 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, currently sits on the MSU School of Packaging and Industry Advisory Board and previously served on the Packaging Advisory Board at Cal-Poly San Luis Obispo.
Trusted by Fortune 500, private label retail & challenger brands
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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.
