Specright, the leader in Specification Management, announced new, expanded Product Lifecycle Management (PLM) capabilities tailored for the Food & Beverage (F&B) industry. Building on its spec-first approach, Specright now delivers a modern, AI driven, PLM solution that manages what products are made of-formulas, ingredients, packaging, and bills of material-helping brands accelerate innovation while ensuring compliance, sustainability, and quality.
“While the core of F&B PLM remains specification management, recipe and formulation management, and bills of material for labeling and packaging, the PLM solution landscape is now catering to additional industry requirements through enhanced and extended features.”*
“Traditional PLM systems were never built for the realities of fast-moving consumer goods, like Food & Beverage products-where managing the complexity of ingredients, formulations, and packaging is critical,” said Mike Boese, CEO of Specright. “By putting specification data and AI at the core, we’re not just modernizing PLM for F&B companies, we’re helping them future-proof their supply chains and accelerate product development.”
Why Food & Beverage Needs a New Approach
Food & Beverage companies have long struggled with legacy PLM tools designed for discrete manufacturing. These systems often fail to capture the ingredient-level detail and supplier-ready specifications required in today’s global supply chains, leaving critical data fragmented in spreadsheets and PDFs.
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Proven Results for Leading Brands
F&B leaders from Fortune 100 companies to challenger brands, are already leveraging Specright’s PLM solution to replace or augment legacy systems, achieving faster new product introductions, reduced duplicate specs, and improved traceability.
“Expanding our partnership with Specright to manage specification data across the entire product life cycle sets us up for success in enhancing and developing innovative products, while also ensuring our workforce is more efficient,” said Andy Norman, CIO of Bob Evans Farms.
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SOURCE: Businesswire