Matthew Wright of Specright presents on the huge payback from precise specifications in products, formulas and packaging.
Specright was one of the startups in their Sustainability cohort last year but as you will hear precision in specifications can have an impact in every process which touches raw materials, ingredients, formulas, packaging and finished goods.
Matthew’s passion comes from a couple of decades in the packaging industry. As he describes in his book The Evolution of Products and Packaging, we have seen an explosion in SKUs and complexity in supply chains. As he says, existing ERP, PLM and other software were designed before complexity grew exponentially, and the lack of focus on specifications is the root cause of many supply chain issues we are seeing. BTW, Gartner identified them as a Cool Vendor in their Supply Chain category in 2020.