DTC brands love Craftybase: the raw material inventory software designed to help you seamlessly scale both your production and profits.
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.
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.
Create complex, multi-stepped production flows using Craftybase’s powerful Bill of Materials feature. You’ll have the flexibility you need to:
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.
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.
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.
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 👇
Everything in one place
Daily Imports from Sales Channels
Pricing Guidance
Cost of Goods Sold (COGS)
Reports & Charts
Low Stock Alerts
Raw materials and your maker business
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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