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Manufacturing Engineering

Top 10 Best Materials Management Software of 2026

Discover top materials management software solutions to streamline operations. Compare features, read reviews, and find the best fit now.

Min-ji Park

Min-ji Park

Feb 11, 2026

10 tools comparedExpert reviewed
Independent evaluation · Unbiased commentary · Updated regularly
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Efficient materials management is pivotal for streamlining supply chains, minimizing waste, and enhancing operational resilience, with the right software acting as a catalyst for integrating procurement, inventory control, and demand planning. This curated list highlights leading solutions, from enterprise-grade ERP platforms to niche tools, ensuring it addresses the diverse needs of businesses of all sizes.

Quick Overview

  1. 1#1: SAP S/4HANA - Enterprise ERP platform with comprehensive materials management module for procurement, inventory control, and demand planning.
  2. 2#2: Oracle Fusion Cloud SCM - Cloud-based supply chain suite offering advanced inventory management, procurement, and materials optimization for global enterprises.
  3. 3#3: Microsoft Dynamics 365 Supply Chain Management - Integrated ERP solution providing materials planning, warehouse management, and procurement automation with AI-driven insights.
  4. 4#4: NetSuite - Cloud ERP system with robust inventory tracking, lot/serial control, and demand-based materials replenishment for mid-sized businesses.
  5. 5#5: Epicor Kinetic - Manufacturing-focused ERP featuring MRP, inventory management, and supply chain visibility for discrete and process industries.
  6. 6#6: Infor CloudSuite Industrial - Industry-specific ERP with materials requirement planning, shop floor control, and real-time inventory management for manufacturers.
  7. 7#7: IFS Cloud - Enterprise software excelling in asset-intensive materials management, maintenance planning, and supply chain execution.
  8. 8#8: Plex - Smart manufacturing platform delivering cloud-based materials tracking, production scheduling, and quality management.
  9. 9#9: Fishbowl Inventory - Inventory control software integrating with accounting systems for multi-location materials tracking and order fulfillment.
  10. 10#10: Katana MRP - Cloud MRP tool for small manufacturers handling live inventory, production planning, and materials requirements in real-time.

Tools were evaluated based on functionality (including inventory tracking, replenishment, and integration capabilities), user experience, scalability, and overall value, ensuring a balance of depth, reliability, and accessibility for varied organizational requirements.

Comparison Table

This comparison table evaluates leading materials management software tools, including SAP S/4HANA, Oracle Fusion Cloud SCM, Microsoft Dynamics 365 Supply Chain Management, NetSuite, and Epicor Kinetic, to help users identify the best fit by comparing key features like functionality, integration, and scalability.

Enterprise ERP platform with comprehensive materials management module for procurement, inventory control, and demand planning.

Features
9.8/10
Ease
7.2/10
Value
8.7/10

Cloud-based supply chain suite offering advanced inventory management, procurement, and materials optimization for global enterprises.

Features
9.7/10
Ease
7.8/10
Value
8.5/10

Integrated ERP solution providing materials planning, warehouse management, and procurement automation with AI-driven insights.

Features
9.5/10
Ease
7.2/10
Value
8.3/10
4NetSuite logo8.4/10

Cloud ERP system with robust inventory tracking, lot/serial control, and demand-based materials replenishment for mid-sized businesses.

Features
9.1/10
Ease
6.7/10
Value
7.6/10

Manufacturing-focused ERP featuring MRP, inventory management, and supply chain visibility for discrete and process industries.

Features
8.7/10
Ease
7.4/10
Value
8.0/10

Industry-specific ERP with materials requirement planning, shop floor control, and real-time inventory management for manufacturers.

Features
8.6/10
Ease
7.2/10
Value
7.7/10
7IFS Cloud logo8.2/10

Enterprise software excelling in asset-intensive materials management, maintenance planning, and supply chain execution.

Features
9.0/10
Ease
7.4/10
Value
7.9/10
8Plex logo8.2/10

Smart manufacturing platform delivering cloud-based materials tracking, production scheduling, and quality management.

Features
8.7/10
Ease
7.4/10
Value
7.9/10

Inventory control software integrating with accounting systems for multi-location materials tracking and order fulfillment.

Features
8.7/10
Ease
6.8/10
Value
7.6/10
10Katana MRP logo8.1/10

Cloud MRP tool for small manufacturers handling live inventory, production planning, and materials requirements in real-time.

Features
8.4/10
Ease
8.9/10
Value
7.6/10
1
SAP S/4HANA logo

SAP S/4HANA

enterprise

Enterprise ERP platform with comprehensive materials management module for procurement, inventory control, and demand planning.

Overall Rating9.5/10
Features
9.8/10
Ease of Use
7.2/10
Value
8.7/10
Standout Feature

HANA in-memory computing enabling real-time inventory visibility and predictive analytics for materials planning

SAP S/4HANA is a next-generation ERP suite with a robust Materials Management (MM) module that handles procurement, inventory control, warehouse management, and supplier collaboration in real-time. It leverages the in-memory HANA database for instant analytics, streamlined purchasing processes, and predictive demand planning. Designed for enterprise-scale operations, it integrates seamlessly with other SAP modules like Finance and Sales for end-to-end supply chain visibility.

Pros

  • Comprehensive MM functionality including advanced procurement, inventory optimization, and MRP with real-time insights
  • Deep integration with SAP ecosystem for holistic enterprise management
  • Scalable for global operations with AI-driven forecasting and automation

Cons

  • Steep learning curve and complex implementation requiring expert consultants
  • High upfront and ongoing costs
  • Customization can be time-intensive and expensive

Best For

Large enterprises with complex, global supply chains needing integrated, real-time materials management.

Pricing

Custom enterprise licensing starting at $25,000+ annually per user/module, plus implementation fees often exceeding $1M for full deployments.

2
Oracle Fusion Cloud SCM logo

Oracle Fusion Cloud SCM

enterprise

Cloud-based supply chain suite offering advanced inventory management, procurement, and materials optimization for global enterprises.

Overall Rating9.2/10
Features
9.7/10
Ease of Use
7.8/10
Value
8.5/10
Standout Feature

Embedded AI and machine learning for predictive inventory management and automated replenishment

Oracle Fusion Cloud SCM is a comprehensive cloud-based supply chain management suite that provides robust materials management capabilities, including inventory control, procurement, warehouse operations, and supplier management. It leverages AI, machine learning, and real-time analytics to optimize material flows, forecast demand, and ensure compliance across global operations. As part of Oracle's Fusion Cloud ERP ecosystem, it enables seamless integration for end-to-end visibility and automation in materials handling.

Pros

  • Advanced AI-driven inventory optimization and demand forecasting
  • Real-time visibility and traceability across multi-tier supply chains
  • Scalable for enterprise-level operations with deep ERP integration

Cons

  • Steep learning curve due to complexity and customization needs
  • High implementation and licensing costs
  • Overkill for small to mid-sized businesses

Best For

Large enterprises with complex, global supply chains requiring integrated, AI-enhanced materials management.

Pricing

Quote-based subscription pricing, typically starting at $10,000+ per month based on modules, users, and deployment scale.

3
Microsoft Dynamics 365 Supply Chain Management logo

Microsoft Dynamics 365 Supply Chain Management

enterprise

Integrated ERP solution providing materials planning, warehouse management, and procurement automation with AI-driven insights.

Overall Rating9.0/10
Features
9.5/10
Ease of Use
7.2/10
Value
8.3/10
Standout Feature

AI-powered mixed reality guides for warehouse operations and real-time inventory visibility

Microsoft Dynamics 365 Supply Chain Management is a cloud-based ERP solution that provides comprehensive tools for managing materials across procurement, inventory, warehousing, and production planning. It excels in materials management through advanced MRP, demand forecasting, and inventory optimization powered by AI and machine learning. The platform integrates seamlessly with other Dynamics 365 modules and Microsoft tools for end-to-end supply chain visibility and control.

Pros

  • Advanced AI-driven inventory optimization and demand planning
  • Robust warehouse management with automation and mobile support
  • Seamless integration with Microsoft ecosystem including Power BI and Copilot

Cons

  • Steep learning curve and requires extensive training
  • High upfront implementation and customization costs
  • Overly complex for small to mid-sized businesses

Best For

Large enterprises with complex, global supply chains requiring integrated materials management alongside finance and operations.

Pricing

Subscription-based starting at $210 per user per month for full Supply Chain Management access, plus implementation fees often exceeding $100K.

4
NetSuite logo

NetSuite

enterprise

Cloud ERP system with robust inventory tracking, lot/serial control, and demand-based materials replenishment for mid-sized businesses.

Overall Rating8.4/10
Features
9.1/10
Ease of Use
6.7/10
Value
7.6/10
Standout Feature

Advanced Inventory Management with real-time, multi-subsidiary visibility and automated reorder points across global locations

NetSuite is a cloud-based ERP platform that provides comprehensive materials management capabilities, including inventory control, procurement, warehouse management, and supply chain optimization. It offers real-time visibility into stock levels, lot and serial number tracking, demand forecasting, and automated replenishment to streamline operations. Ideal for businesses seeking an integrated solution that combines materials management with financials, CRM, and order management.

Pros

  • Robust inventory management with multi-location support, lot/serial tracking, and advanced demand planning
  • Seamless integration with procurement, manufacturing, and financial modules for end-to-end visibility
  • Scalable cloud platform with strong customization and reporting capabilities

Cons

  • Steep learning curve and complex interface requiring extensive training
  • High implementation costs and ongoing subscription fees
  • Overkill for small businesses with basic materials management needs

Best For

Mid-to-large enterprises needing a fully integrated ERP system for complex materials management and supply chain operations.

Pricing

Custom subscription pricing starting at around $999/month base plus $99/user/month; typically requires quote based on modules and users.

Visit NetSuitenetsuite.com
5
Epicor Kinetic logo

Epicor Kinetic

enterprise

Manufacturing-focused ERP featuring MRP, inventory management, and supply chain visibility for discrete and process industries.

Overall Rating8.2/10
Features
8.7/10
Ease of Use
7.4/10
Value
8.0/10
Standout Feature

Kinetic Warehouse Management with mobile-enabled RF scanning and real-time put-away/shipping optimization

Epicor Kinetic is a comprehensive cloud-based ERP platform that excels in materials management for manufacturing and distribution businesses, offering tools for inventory tracking, procurement, warehouse management, and supply chain optimization. It provides real-time visibility into stock levels, supports lot and serial number traceability, and integrates MRP functionality for demand-driven planning. Ideal for mid-market enterprises, it scales to handle complex, multi-site operations while ensuring compliance and efficiency in materials handling.

Pros

  • Robust inventory management with multi-location support and lot/serial traceability
  • Seamless integration with manufacturing and financial modules
  • Advanced analytics and reporting for demand forecasting and procurement

Cons

  • Steep learning curve due to extensive customization options
  • High implementation costs and time for complex setups
  • Interface can feel overwhelming for smaller teams

Best For

Mid-sized manufacturing and distribution companies requiring scalable, integrated materials management within a full ERP ecosystem.

Pricing

Subscription-based pricing starts at around $175/user/month for core modules; custom quotes required based on users, modules, and deployment.

6
Infor CloudSuite Industrial logo

Infor CloudSuite Industrial

enterprise

Industry-specific ERP with materials requirement planning, shop floor control, and real-time inventory management for manufacturers.

Overall Rating8.1/10
Features
8.6/10
Ease of Use
7.2/10
Value
7.7/10
Standout Feature

Advanced multi-level BOM management with real-time engineering change order processing

Infor CloudSuite Industrial is a cloud-based ERP solution tailored for industrial manufacturers, providing comprehensive materials management tools including inventory control, procurement, MRP, and warehouse management. It excels in handling complex supply chains for discrete, make-to-order, and engineer-to-order environments with features like lot/serial traceability, supplier collaboration, and demand forecasting. The platform integrates materials functions seamlessly with production planning and financials to optimize operational efficiency.

Pros

  • Deep MRP and inventory optimization for manufacturing complexity
  • Strong lot/serial traceability and compliance tools
  • Scalable cloud deployment with mobile warehouse access

Cons

  • Steep implementation and customization complexity
  • Interface feels dated compared to modern SaaS tools
  • Enterprise pricing limits accessibility for SMBs

Best For

Mid-to-large industrial manufacturers requiring integrated ERP-driven materials management for discrete and project-based production.

Pricing

Custom enterprise subscription pricing; typically starts at $50,000+ annually based on users, modules, and deployment scale (quote required).

7
IFS Cloud logo

IFS Cloud

enterprise

Enterprise software excelling in asset-intensive materials management, maintenance planning, and supply chain execution.

Overall Rating8.2/10
Features
9.0/10
Ease of Use
7.4/10
Value
7.9/10
Standout Feature

Real-time, multi-site inventory optimization with AI-powered demand sensing and automated replenishment

IFS Cloud is a comprehensive cloud-based ERP platform from IFS that delivers robust materials management functionalities, including inventory control, procurement, supplier management, and warehouse operations. It supports complex supply chain processes with features like demand planning, automated replenishment, and real-time visibility across multi-site environments. Tailored for asset-intensive industries, it integrates materials handling with enterprise-wide asset management, projects, and service operations for end-to-end efficiency.

Pros

  • Highly scalable for enterprise-level inventory and procurement across industries like manufacturing and energy
  • Deep integration with EAM and SCM modules for seamless operations
  • Advanced analytics and AI-driven forecasting for optimized stock levels

Cons

  • Steep learning curve due to extensive customization options
  • High initial implementation costs and time for full deployment
  • Less intuitive interface for non-technical users compared to simpler tools

Best For

Large enterprises in asset-heavy sectors like aerospace, oil & gas, or manufacturing needing integrated, scalable materials management.

Pricing

Quote-based enterprise subscription pricing, typically starting at $50,000+ annually based on users, modules, and deployment scale.

8
Plex logo

Plex

enterprise

Smart manufacturing platform delivering cloud-based materials tracking, production scheduling, and quality management.

Overall Rating8.2/10
Features
8.7/10
Ease of Use
7.4/10
Value
7.9/10
Standout Feature

Infinite scalability with cloud-native IoT apps for predictive materials replenishment

Plex is a cloud-based Manufacturing Execution System (MES) platform that excels in materials management for discrete manufacturers, offering real-time inventory tracking, supply chain visibility, and production material optimization. It integrates shop floor data with ERP systems to streamline procurement, warehousing, and material replenishment processes. The solution emphasizes IoT connectivity and analytics to reduce waste and improve material flow efficiency.

Pros

  • Real-time inventory and supply chain visibility with IoT integration
  • Seamless shop floor to enterprise connectivity
  • Robust analytics for demand forecasting and waste reduction

Cons

  • Complex implementation requiring significant setup time
  • Pricing is quote-based and can be expensive for small operations
  • Steep learning curve for non-technical users

Best For

Mid-to-large discrete manufacturers needing integrated MES for end-to-end materials control.

Pricing

Custom quote-based pricing; typically $50,000+ annually depending on modules, users, and scale.

Visit Plexplex.com
9
Fishbowl Inventory logo

Fishbowl Inventory

specialized

Inventory control software integrating with accounting systems for multi-location materials tracking and order fulfillment.

Overall Rating8.1/10
Features
8.7/10
Ease of Use
6.8/10
Value
7.6/10
Standout Feature

Deep, bidirectional QuickBooks integration for real-time inventory-accounting synchronization

Fishbowl Inventory is a robust inventory management software tailored for small to mid-sized businesses, focusing on warehouse operations, order fulfillment, and light manufacturing. It provides multi-location inventory tracking, barcode scanning, lot/serial number control, and bill of materials (BOM) management to streamline materials handling. The platform stands out for its native integration with QuickBooks, enabling real-time syncing of inventory data with accounting.

Pros

  • Seamless QuickBooks integration for accurate financial syncing
  • Advanced inventory features like multi-location tracking and lot/serial control
  • Built-in manufacturing tools including BOM and work orders

Cons

  • Outdated interface with a steep learning curve
  • Complex initial setup requiring IT support
  • Pricing model includes high upfront costs and per-user fees

Best For

QuickBooks-using SMBs in manufacturing or distribution needing detailed materials tracking without switching accounting software.

Pricing

Perpetual license starts at ~$4,395 for standard edition + annual maintenance (~25% of license) and ~$150-300 per additional user/year.

Visit Fishbowl Inventoryfishbowlinventory.com
10
Katana MRP logo

Katana MRP

specialized

Cloud MRP tool for small manufacturers handling live inventory, production planning, and materials requirements in real-time.

Overall Rating8.1/10
Features
8.4/10
Ease of Use
8.9/10
Value
7.6/10
Standout Feature

Visual production scheduling board that auto-generates and adjusts manufacturing orders based on live inventory and sales data

Katana MRP is a cloud-based manufacturing resource planning (MRP) software tailored for small to medium-sized manufacturers, focusing on real-time inventory management, production planning, and order fulfillment. It automates material requirements planning, tracks stock across multiple locations, and integrates with e-commerce platforms like Shopify and accounting tools like QuickBooks. The platform helps businesses reduce stockouts, optimize purchasing, and streamline shop floor operations without the complexity of full-scale ERPs.

Pros

  • Intuitive drag-and-drop interface for production planning
  • Real-time multi-location inventory visibility and traceability
  • Seamless integrations with 50+ e-commerce and accounting apps

Cons

  • Pricing tiers scale steeply with order volume
  • Reporting and analytics lack depth for complex needs
  • Limited customization for advanced manufacturing processes

Best For

Small to medium make-to-order or make-to-stock manufacturers seeking simple, visual MRP without enterprise-level overhead.

Pricing

Starts at $99/month (Starter plan for up to 100 orders/month), $299/month (Pro for up to 500), Enterprise custom; free trial available.

Visit Katana MRPkatanamrp.com

Conclusion

The reviewed materials management software spans solutions for enterprises, mid-sized businesses, and small manufacturers, each offering unique strengths. Leading the pack is SAP S/4HANA, celebrated for its comprehensive ERP module integrating procurement, inventory, and demand planning. Close behind, Oracle Fusion Cloud SCM excels in global optimization, while Microsoft Dynamics 365 Supply Chain Management shines with AI-driven insights, making them standout alternatives for diverse operational needs. By catering to varied scales and priorities, these tools demonstrate the versatility of modern materials management software.

SAP S/4HANA logo
Our Top Pick
SAP S/4HANA

To elevate your materials management, begin with SAP S/4HANA—its robust features can transform efficiency, integration, and planning. Dive into its capabilities to unlock streamlined workflows and sustained success.