Product Manager has a data import wizard, enabling you to easily and accurately import your formulas, as well as an import tool for raw materials, suppliers, customers and manufacturers.
You can upload your formulas in .xls format and all raw materials will be created on-the-fly. If a raw material already exists it will be recognized and mapped to your formula. You can use the preview screen to adjust and verify your data before completing the import.
See the Product Manager User Guide
for further support.