Report

The State of Specification Management Report

In recent years, we’ve seen rapid growth in companies digitizing, centralizing, and collaborating on their specification data. But with this growth, comes lingering challenges — specifically around legacy software solutions, manual processes, and companies trying to address growing compliance and regulatory pressures.

Updated on
September 17, 2024
  • Why legacy systems, like PLMs, ERPs, and non-purpose built solutions are proving to be insufficient to manage the granular level of specification data.
  • Initiatives companies are trying to address and optimize for with specification data
  • How to tackle growing sustainable packaging legislation and regulatory pressures with specification data.

This report underscores the pressing need to address specification data challenges now. If your company continues to manage data with outdated methods, your business will be exposed to increased risk, inefficiencies, and impact on overall business goals.  We hope the insights in this report will showcase the value of taking a different approach to data management – starting with the foundational data – to change your business for the better with Specification Management.

“Specright enables us to track everything from the early stags of development, to production and end of life. Preparing to use Specright forced us to hold up a mirror and absorb a lot of reflective moments. It was very eye-opening and we feel much better prepared for the future now.”

Brittny Ohr
Director of Product Management, Sugar Foods

Specification Management Summit

Join us for the industry-leading Specification Management conference. Learn about the most recent Summit that took place in Nashville, TN, and stay tuned for more information about next years’ Specification Management Summit, coming February 2026!

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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.