Company Research Report: Specright

Company Overview

Name: Specright, Inc.

Mission of the Company: To help people and companies make amazing, sustainable things.

When was the Company Founded and by Whom: No information is available.

Key People in the Company:

Matthew Wright: Founder & CEO

Laura Foti: Chief Marketing Officer (CMO)

Ayman Shoukry: Chief Technology Officer (CTO)

Darin Wolter: Chief Revenue Officer (CRO)

Kathryn Furgal: Senior Vice President, Finance & Operations

Headquarters: 1785 Flight Way, Tustin, CA 92782

Number of Employees: No information is available.

Revenue of the Company: No information is available.

What is the Company Known For: Specright is known for its patented Specification Data Management™ (SDM) platform, which revolutionizes supply chain collaboration by enabling companies to manage spec data in a centralized, cloud-based system.

Products

Product: Specification Data Management™ Platform

High level description:

Specright's SDM platform centralizes specification data, making it actionable and shareable across the supply chain. It aims to reduce manual processes, improve product quality, and drive sustainability.

Key Features:

Data Ingestion Technology: Collects specifications from various documents and systems.

Real-Time Recommendations: Identifies cost savings, sustainability improvements, and SKU rationalization opportunities.

Integration Capabilities: Open API for seamless integration with ERP, PLM, and other enterprise systems.

Version Control & History Tracking: Ensures all stakeholders work with the most up-to-date and accurate spec data.

Universal Search & Like Item Finder: Allows users to quickly find data across all specs and related documents.

Recent Developments

What are the Recent Developments in the Company:

Awards: Specright has been recognized by Fast Company’s World’s Most Innovative Companies for 2023.

Strategic Partnerships: Partnered with technology and academic institutions to further develop the specification management ecosystem.

What are the New Products Launched:

TOPS Lite Feature: Integrated within the platform to improve packaging logistics without the need for a separate installation.

ISTA PackSight: A collaboration with the International Safe Transit Association (ISTA) for digital packaging test planning and reporting.

What are the New Features Added to the Existing Products:

Specright IQ: Scans existing specifications to help identify cost-saving opportunities and drive sustainability.

Enhanced Integration Solutions: Include new capabilities for connecting with third-party systems like Genesis for nutritional labeling and Lorax for Extended Producer Responsibility (EPR) reporting.

Any New Partnerships:

Trayak: Partnership to perform Life Cycle Assessments (LCA) seamlessly within the Specright platform.

Lorax EPI: Partnership to streamline Extended Producer Responsibility (EPR) reporting using product and packaging data.

How2Recycle®: Partnership that leverages digitized spec data to create clear, accurate recycling instructions.

Appendix

Trusted by Clients from Various Industries:

Caterpillar

Ocean Mist Farms

Central Garden & Pet

Soylent

COOLA

Taylor Farms

Jack in the Box

Customer Testimonials:

Jeffrey Hunsaker: "We are thoroughly enjoying having the ability to pull that data. Language barriers, just gone."

Laura Berlanga: "I no longer have to search for information and validate the source - I grab the information I need from Specright and move on with my project."

Frank Ardite: "Whatever Specright can be the source of truth for a lot of our information, and communicate with the other systems, then we can continue to operate efficiently."

No additional commentary is provided beyond the requested sections. This report focuses on providing an elaborate and professional overview specific to Specright based on the available data.

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