With technologies evolving, companies must find ways to make labeling production specifications and packaging easier. With specification management software, companies can automate and manage product specifications effectively at a faster pace that helps them gain more revenue and profit. Here are some of the best specification management software available right now.
7+ Specification Management Software
4. Lascom CPG
7. Wavefront Software
What Is Specification Management Software?
Specification management software is ERP software that helps companies manage production specifications being manufactured in the supply chain. This software helps define products and their packaging specifications to their suppliers and partners, as well as provide information for compliance and regulation.
Specification management software allows companies to manage their product specifications in their supply chain effectively. With the software requirement specification document platform, it can help companies define products and their product specifications which can help enhance the working relationship between suppliers and partners. The product specification management software also allows companies to comply with industry quality standards and regulation laws on sustainability. The management software requirement specification can also benefit business partners and suppliers as the software can improve the collaboration process between stakeholders.
Specification management software should provide a database for company users to store their product and packaging specifications in a data repository system. The inventory management system software requirement specification software should also allow users to define product specifications such as receipts in manufacturing and packaging products. The inventory management system software requirement specification software should also be able to ensure suppliers can meet specifications of the product and comply with industry standards and quality assurance. The software should also provide technical document management software that can transform product ideas to execution. The software design specification for the library management system should also provide data analytics capabilities that allow users to identify defectives in the product and packaging, as well as provide solutions to correct these errors.
- Database for product and packaging specification information
- Define product specifications
- Safeguards for quality assurance and compliance with industry standards
- Technical document management tools
- Library management system
- Data analytics tools
- Solutions to correct defects in products and packaging
Top 8 Specification Management Software
ProjectSight provides project management software for contractors that allows them to easily manage their construction projects. ProjectSight is owned and operated by Trimble, which the parent company has 7,817 employees and earns annual revenue of $3.6 billion.
Specright provides specification management software that allows companies to digitalize their management of specification product data. Specright has 105 employees and earns annual revenue of $22 million.
TraceGains helps companies to manage their company data in the global supply chain system in a streamlined software. TraceGains has 100 employees and earns annual revenue of $13.6 million.
5. Lascom CPG
Lascom CPG’s product portfolio management software allows cosmetic companies to innovate their cosmetic products. Lascom has 83 employees and earns annual revenue of $12 million.
6. Wavefront Software
Wavefront Software is easy to use with its highly configurable software that can improve the way they manage their laboratory workflow management. Wavefront Software has 17 employees and earns annual revenue of $2.5 million.
Isolocity helps companies to automate compliance management software to save time and paper that eliminates human interference and labor. Isolocity has 13 employees and earns annual revenue of $1.9 million.
TraQtion allows companies to connect to the global supply chain with its cloud-based software that empowers them through a safe and sustainable product specification system. TraQtion has 6 employees and earns annual revenue of $900,000.
Who would benefit the most from using specification management software?
Within the company, product development teams can benefit the most from using specification management software, although other departments such as quality control and sales teams can also benefit from using the software. Suppliers and business partners also benefit from using the software as it improves their collaboration with companies.
What other software integrates with specification management software?
Specification management software integrates well with PLM software and ERP software as they allow users to exchange data of the production and packaging, as well as monitor the manufacturing operations. The software also integrates with supply chain management software as it can help users simplify complex supply chain data. The software also integrates with quality management software for specific industries such as healthcare, pharmaceuticals, and food and beverage.
How much does specification management software cost?
Pricing for specification management software is usually customized, with each software increasing its pricing as it offers more features through subscription tiers. Pricing for specification management software varies depending on the features available and the intended users. Small companies may benefit from low-cost specification management software while large companies may benefit from a high-cost specification management software.
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