Optimize your Supplier Management

Optimize your Supplier Management

Specright’s Specification Data Management solution gives procurement and purchasing professionals the tools they need to take control of their specifications; ultimately enabling greater procurement efficiencies.

With clear visibility into approved specifications, it’s easier than ever to manage suppliers, transition to new suppliers and reduce costs.

Supplier Exchange Portal:

Put your specification and vendor data at your fingertips, reducing the time to prepare bids and transition to new vendors. Increase efficiency through collaboration with suppliers, while all accessing specs in the same, central location.

Interactive Bid Reports:

Stop emailing spreadsheets with incomplete information. With the Specright Exchange, send your suppliers direct links to accurate specifications, technical drawings, and artwork. Automated alerts and approvals notify you when specifications are changed.

Consolidation Analytics:

Use the Like Item Finder to identify similar items by packaging type, style, and dimensions. You can now consolidate or harmonize to begin realizing more volume purchasing power.

Dashboards and reporting:

Easy to prepare reports give insight into areas for savings and cost-reduction activities. Run reports on areas such as pricing, inventory by location, usage, recycled content, and supplier capabilities.

Bill of Materials:

Keep track of everything from raw materials to finished goods; all levels of specifications. Store and share all essential details of finished goods, while having the ability to drill down into each individual component’s specification details.

Vendor Management:

Store vendor details including company information, contacts, contracts, compliance forms and other documents – with connections to all items/components/materials/specs procured from that vendor.