TrustRadius: an HG Insights company

What is ProductVision?

ProductVision® is a product lifecycle management (PLM) system designed to streamline and automate the product development process. According to the vendor, this solution caters to process manufacturing companies of all sizes, ranging from mid-size businesses to Fortune 100 and 500 companies. It is utilized by R&D professionals, product managers, and quality assurance specialists in industries such as paint, coatings, chemicals, food and beverages, and personal care and consumer products.

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ProductVision is more powerful and flexible

Use Cases and Deployment Scope

As formulation software goes I think Product Vision is one of the best options. It can be customized with modules that make it useful for both laboratory development and manufacturing uses. My own experience is mostly with formulation in support of new product development, but PV integrates easily with production planning to bring new products to market.

Pros

  • Raw material management
  • Formula versioning
  • formula comparison

Cons

  • A more intuitive interface would be helpful
  • Easier formula copying for new prototypes
  • More area for version descriptions

Return on Investment

  • The ease of developing and tracking new prototypes has a positive effect.
  • Raw material pricing helps optimize raw material costs for new formulas.
  • Couples with ERP it is easy to realize cost savings for new formulas i.e $250 K per year for version 2 vs. version 1.

Usability

Alternatives Considered

BatchMaster

Other Software Used

Planview AdaptiveWork, Minitab Workspace, Microsoft 365