With the rapid development of information technology, the role of information means in material management is becoming more and more important. Improving the material management level by means of information technology has become the key topic of most electric power enterprises. Under the influence of highlighting the concept of cost reduction and efficiency, material information management has gradually become one of the most important ways for enterprises to improve their profits. This paper optimizes the material management of electric power enterprises based on information technology, effectively controls and counts material information, so as to increase the speed of material data information circulation, and use real‐time information to reduce the cost of material management.