Packaging and Product Specification Management Reviews and Ratings
What is Packaging and Product Specification Management?
Gartner defines the market for packaging and product specification management solutions as software applications and services that govern data related to product and packaging from raw materials/ingredients through to bills of materials and finished goods across the enterprise. With these cloud-based and on-premises software applications, organizations can effectively address the challenges of capturing, analyzing, utilizing and sharing specification data internally and externally. Users include supply chain, R&D, procurement, compliance and quality functions. Regulatory requirements and EPR legislation are elevating the need to move from manual processes to digitized spec data solutions.
Packaging and product specification management applications ensure that specification content is captured in a manner that enables the efficient use of the data to drive business activities across the enterprise. These activities include package and product development, purchasing, requests for pricing, quality management, regulatory compliance, taxes, extended producer responsibility (EPR) and sustainability tracking.
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Centric Software, based in Silicon Valley, primarily offers a platform that is focused on generating a concept to product launch for various consumer goods sectors, including fashion, retail, footwear, luxury, outdoor, consumer electronics, cosmetics & personal care, and food & beverage. The company's platform aims to fulfill the requirements of various market participants by aiding them in the production of high-quality, contemporary, and sustainable products. The digital solutions that Centric Software offers, include Centric PLM, Centric Planning, Centric Visual Boards, and Centric Pricing, cater to multiple aspects such as merchandise planning, product development, sourcing, retail planning, pricing, and product assortments. Furthermore, Centric Software's platform seamlessly integrates with multiple systems, including ERP, DAM, PIM, e-com, creative tools like Adobe Illustrator, and several 3D CAD connectors. Centric Software operates as a subsidiary of Dassault Systèmes.
ManageArtworks is a Packaging Artwork Management Software developed by Karomi, a software solutions company. The software is primarily utilized in regulated industries such as Pharmaceuticals and Consumer Packaged Goods (CPG) for the purpose of ensuring pack label regulatory compliance. This technology brings stakeholders into an integrated workflow, provides advanced proofing tools to the users, and offers total process transparency with features such as approval request tracking, audit trails, and dashboards. Karomi Technology, the parent company, has over a decade of operation and serves various sectors including Life Sciences, CPG, Cosmetics, and Large Enterprises. The company is positioned to become a significant player in dynamic compliance and brand management solutions for companies worldwide.
Siemens AG (Berlin and Munich) is a technology company focused on automation and digitalization in process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, smart mobility solutions for rail transport, and medical technology and digital healthcare services. Siemens AG includes the industrial businesses Digital Industries, Smart Infrastructure and Mobility. Siemens Financial Services supports the activities of our Industrial businesses and conducts its own business.
Specright is a specialist platform designed specifically for Specification Data Management. Its main functionality revolves around helping businesses to digitalize, map, and take proactive measures across their supply chain. This is done with the intention of reducing costs, increasing profitability and encouraging sustainability. The company serves a wide range of industries that heavily rely on accurate specifications. These include agriculture, automotive, cosmetics, food & beverage, manufacturing, FMCG/CPG, medical, and more. Founded towards the end of 2014, Specright maintains its headquarters in Irvine, California.
TraceGains, established in 2008, serves as a technological bridge between various teams, connecting crucial information thereby enhancing efficiency. This global technology establishment primarily offers networked solutions in innovation, quality, and compliance for consumer brands. The focus is on minimizing supply chain uncertainty, speeding up business processes, and managing data effectively. Many companies discover that a significant majority of their suppliers are already part of TraceGains Network, paving the way for seamless collaboration. TraceGains empowers companies to quicken their pace of innovation, increase overall insight into their operations, supplier networks, and product development processes. Additionally, it also enables them to digitize all their quality and compliance documentation within a single, universally accessible platform.
Gartner Research
Features of Packaging and Product Specification Management
Mandatory Features:
Ability to structure data with controlled values
Enables creation, updates and maintenance of product and/or packaging in a controlled environment, eliminating the need for manual processes or supplemental tools (spreadsheets, share drives, etc.) to manage and share data
Ability to digitize and centralize specification data from raw materials to finished goods
Software solution developed for the intricacies of managing complex data associated with product and/or packaging in one platform