I would use something like this since there may be more than just two words in the string. This would result in "xyz product" for an input of "123 xyz product". Input would obviously be the value you're importing.
Let (
[
Input = "123 xyz product" ;
ReplaceSpaces = Substitute ( Input ; " " ; "¶" ) ;
FirstValue = GetValue ( ReplaceSpaces ; 1 ) ;
Output = Substitute ( Input ; FirstValue ; "" )
] ;
Trim ( Output )
)