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Specright Announces New AI and Specification-First PLM Capabilities for the Food & Beverage IndustrySpecright, the leader in Specification Management, today 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250918268323/en/
Specright, the leader in Specification Management, is expanding its Product Lifecycle Management (PLM) capabilities to better serve the Food & Beverage industry. This announcement follows Specright's recognition as a Representative Vendor in the 2025 Gartner? Market Guide for PLM in Food and Beverage Industries. "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 Boee, 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. Specright addresses these gaps by offering the following capabilities: Available Today
Coming Soon
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. To learn more about Specright's PLM solution for Food & Beverage, or request a demo, click here. *Gartner, Market Guide for PLM in Food and Beverage Industries, Brady Barnes, Sudip Pattanayak, Marc Halpern, Michelle DeClue, 2 June 2025. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. About Specright Specright is the first purpose-built, patented platform for Specification Management. Whether it's packaging, raw materials, formulas, products, or machines, Specright helps companies digitize, map, and take action across their supply chain to reduce costs, increase profitability, and drive sustainability. Specright serves customers across industries, including packaging, food and beverage, consumer packaged goods, pharmaceutical, retail, industrials, and more. Recognized as a leader in Specification Management, Specright was named to the Deloitte Fast Technology 500 list in 2024, one of Fast Company's Most Innovative Companies for 2023, had three executives honored as Supply & Demand Chain Executive Pros to Know in 2023 and won Food Logistics' 2022 Top Software & Technology Provider award. For more information, visit: www.specright.com.
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