Raw Material Inventory Software
Raw material management software for ambitious makers
DTC brands love Craftybase: the raw material inventory software designed to help you seamlessly scale both your production and profits.
- Take control of your complex production processes
- See your real-time inventory and COGS
- Track raw materials, components, and finished product inventory
- Never run out of stock OR under-order supplies
- Grow with confidence
Automatically sort, search, and manage your raw material inventory
Craftybase gives you real-time transparency on raw material and finished stock levels, so you can automate your inventory, keep costs under control, and give your business room to grow.
- Take control of your complex production processes
- See your real-time inventory and COGS
- Track raw materials, components, and finished product inventory
- Never run out of stock OR under-order supplies
- Grow with confidence
Being able to easily add and subtract materials from my master inventory based on daily sales is invaluable in keeping organized & proactive. Managing inventory was a painful, manual, and inaccurate process before I discovered Craftybase.
Track & control costs with your Bill of Materials
Create complex, multi-stepped production flows using Craftybase’s powerful Bill of Materials feature. You’ll have the flexibility you need to:
- Automatically track material and labor costs from start to finish
- See your real-time costs of production
- Ensure your pricing is on point
- Understand your true COGS (and ditch spreadsheets forever) with GAAP-compliant, accurate, ongoing cost tracking
Effortlessly keep track of your Cost of Goods Sold (COGS)
With Craftybase, every order is assigned a material usage cost that’s based on your complete inventory history. So instead of wrangling Excel spreadsheets and stressing over EOY counts, you'll build up your COGS tally during the year as you make and sell.
Craftybase calculations are GAAP compliant and use IRS-approved methods, making our COGS tracking ideal for most small manufacturing situations.
Having a business that manufactures products with countless raw materials, Craftybase keeps us organized and helps us have a clear picture of the health of our business.
Stay compliant with transparency & traceability
There’s no need to manage your compliance requirements separately from your inventory — because Craftybase makes all your products and materials fully traceable.
All you need to do: Log material purchases with lot numbers, and associate those lot numbers with your manufacture records. Then, Craftybase creates a purchase-to-sale, GMP and CPSC traceability solution for your handmade manufacturing business.
Generate a full report in seconds that shows exactly which orders contain a particular lot or batch of material — so that even when you have to recall a product or replace a faulty material, you already know which orders were affected.
Price your products with confidence
Craftybase uses your exact cost of materials and labor to generate pricing suggestions for every product you make. Use our software to be more confident with your pricing and ensure that you are making the profit margins you need to take your business to the next level.
Craftybase has helped track my customer orders, how much they cost and how much they cost me to make them, keeping me on top of my orders which is so important to my little business.
Generate useful reports for business insight, taxes & more
Be your accountant’s new favorite client — or just be a better bookkeeper for yourself. Craftybase generates a multitude of reports about your inventory so you can make the best decisions for your business.
Plus, our Popular Product and High Revenue Customer reports give you insight into where your time and focus will yield the best results. And with Instant Profitability Guidance, you can see a full profit breakdown of any of your products or orders.
Craftybase, overall, has helped me streamline my inventory expenses, keep consistent unit costs and allowed me to see through the Reports section, my business grow each year.
Makers tell us these are their favorite features 👇
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Everything in one place
- Finally: your sales, stock, and financial data in one safe place. Your data is accessible from any Internet-enabled device, and always securely backed up.
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Daily Imports from Sales Channels
- Stop manually copying over numbers from your sales channel dashboard screens to spreadsheets! Craftybase automatically imports all your products and orders each night from lots of popular channels, so you’re ready to start your day.
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Pricing Guidance
- Know exactly how much it costs to make your products! Our smart Pricing Guidance feature keeps you on top of your margins and profits, even when your COGS change
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Cost of Goods Sold (COGS)
- Track your cost of goods sold in real time, using the data you enter. We'll even generate the numbers you need for your Schedule C at the touch of a button.
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Reports & Charts
- Always know how well your store is doing with detailed, useful reports. No one likes staring at stacks of numbers — so we present your vital stats using easy-to-understand charts and graphs.
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Low Stock Alerts
- Track your exact material and product stock levels, so you know exactly when you need to order more supplies or make more product to list. Don't run out of stock ever again, and keep those sales rolling in!
Raw materials and your maker business
Why is it important for a maker to adopt raw material inventory software?
Raw material inventory tracking is important as it allows you to accurately track the amount of raw materials you have on hand and plan accordingly. By keeping a record of the quantity and quality of their raw materials, you can ensure that they never run out unexpectedly and avoid unnecessary delays in production (goodbye, angry customers and bad ratings!).
Additionally, having an accurate picture of inventory levels is a hugely important step in scaling your business: by planning your procurement better and avoid overstocking or understocking, you can make some significant cost savings and start to create a decent profit margin.
Tracking your raw materials allows makers to stay on top of expiration dates and take preventative measures against any quality issues that may arise due to expired materials.
Raw material inventory tracking is essential for maintaining efficient processes and achieving long-term success, which is why you need to adopt software as early in your business journey as possible.
Unlock the full potential of your small business. Join the ranks of successful manufacturing businesses and revolutionize the way you operate. Get started today.
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