SAP Integrated Product Development is a product lifecycle management solution used to define, develop, and deliver innovative and sustainable products faster by connecting insights, processes, and people.
PV is great for developing new formulations and moving them to production without exporting to other software. It helps track raw materials for both lab and manufacturing use. Background work is required to add new raw materials to make them available, but it is not overwhelming or difficult, just tedious sometimes
SAP PLM is well suited for any industry that needs to track the creation of a product from the raw material stage all the way to the shipped product. I do not think it would be well suited for very small companies which do not have any materials, products, and inventory to track.
It makes it possible to move from lab to shop floor fast with accurate formulation tracking and versioning. The ability to cost out prototypes really helps when looing for material cost savings and formula optimization. It provides great theoretical properties to use in designed experiments generated by software such as Minitab.
ProductVision is more powerful and flexible, with the ability to calculate more theoretical properties and better search functions. PV integrates with other software systems better and is more compatible with software such as Excel and Minitab for functions such as statistical analysis and presentation preparation. Much more useful in general than BatchMaster.
SAP PLM encompasses SAP BW and SAP PRD. We tend to focus more on the SAP PRD portion as it directly involves more closely to production. We selected SAP PLM because it gives us a great visibility in the life cycle of materials, products and overall costs. SAP PLM compliments the other packages very well
Accurately able to order raw materials which are necessary for the current production run, thus reducing overhead.
The negative impact would be the initial cost of the software and how long it would take to ROI that cost.
It has allowed us to control batches of product creation much more closer and have the ability to cut some erroneous costs which were found in large batches.