Top 10 Best Raw Material Inventory Management Software of 2026

Katana MRP is a cloud-based manufacturing resource planning software that provides comprehensive real-time inventory management, particularly excelling in tracking raw materials through purchase orders, bill of materials (BOM), and automated reordering. It enables manufacturers to monitor stock levels across multiple locations, forecast demand, and integrate seamlessly with e-commerce platforms like Shopify and accounting tools like QuickBooks. Ideal for streamlining raw material workflows from procurement to production, it reduces stockouts and overstocking with data-driven insights.

MRPeasy is a cloud-based MRP/ERP software tailored for small to medium manufacturers, with strong capabilities in raw material inventory management including real-time tracking and traceability. It automates reorder points, purchase order generation based on Bills of Materials (BOMs), and supports lot/serial number tracking for compliance and quality control. The system integrates inventory seamlessly with production planning, ensuring raw materials are available exactly when needed without overstocking.

Fishbowl Inventory is a robust inventory management software tailored for manufacturing and distribution businesses, offering advanced tracking of raw materials through bill of materials (BOM), production planning, and lot/serial number traceability. It provides real-time visibility into inventory levels across multiple locations, supports work orders, and automates replenishment for raw materials. Deep integration with QuickBooks ensures seamless accounting synchronization, making it ideal for businesses managing complex supply chains.

Odoo is an open-source ERP platform with a powerful Inventory module designed for managing raw materials, including real-time stock tracking, automated reordering, and lot/serial number traceability. It integrates seamlessly with procurement for purchase orders and manufacturing for BOM-based consumption, enabling efficient raw material lifecycle management. Advanced features like multi-warehouse support, forecasting, and customizable reports make it scalable for production environments.

Cin7 is a cloud-based inventory management platform designed for real-time tracking of stock across multiple warehouses and sales channels, making it suitable for managing raw material inventories in distribution and light manufacturing environments. It excels in purchase order automation, supplier management, and stock level visibility to prevent shortages or overstocking of raw materials. While not a dedicated manufacturing ERP, it integrates with accounting and e-commerce tools to streamline raw material procurement and inbound logistics.

NetSuite is a cloud-based ERP platform from Oracle that provides comprehensive inventory management features, including real-time tracking of raw materials across multiple locations, lot and serial number traceability, and demand planning. It integrates seamlessly with procurement, manufacturing, and financial modules to optimize raw material flows and reduce stockouts or overstock. While powerful for enterprise-scale operations, it excels in handling complex supply chains with advanced analytics and automation.

Unleashed is a cloud-based inventory management platform tailored for manufacturers, wholesalers, and distributors handling raw materials and finished goods. It offers real-time multi-location stock tracking, bill of materials (BOM) for production planning, purchase order automation, and supplier management to streamline raw material inflows and usage. The software integrates with accounting tools like Xero and e-commerce platforms, providing visibility into inventory levels, expiry dates, and batch tracking essential for raw material control.

inFlow Inventory is a user-friendly inventory management software tailored for small to medium-sized businesses, offering robust tools for tracking raw materials, purchase orders, sales, and light manufacturing processes. It supports barcode scanning, lot and serial number tracking, bill of materials (BOM) for assemblies, and multi-location inventory control. Real-time reporting and QuickBooks integration make it suitable for raw material management in wholesale, distribution, and basic manufacturing environments.

Prodio is a cloud-based manufacturing execution system (MES) tailored for small to medium-sized make-to-order manufacturers, offering real-time production tracking, scheduling, and integrated inventory management. For raw material inventory, it tracks stock levels, monitors usage against bills of materials (BOMs), and automates deductions as jobs progress on the shop floor. While effective for production-linked inventory needs, it lacks the depth of standalone inventory systems for complex warehousing or advanced forecasting.

SAP Business One is a full-featured ERP system designed for small and medium-sized businesses, offering robust inventory management modules tailored for tracking raw materials in manufacturing environments. It provides real-time visibility into stock levels, supports batch and serial number tracking, and integrates with production planning and procurement for efficient raw material handling. While powerful for complex operations, it excels in scenarios requiring scalability and end-to-end supply chain integration.