ProductVision

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.

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.