Sas
You can implement WMS for any material you want to. They are just different material types. WM does not differentiate between raw materials, finished goods etc they are just materials.
The difference comes with what you set up like st types, search strategies, placement strategies etc but for WM a material is a material.
If you receive in to a ST Loc that is linked to a warehouse then ALL materials will need to be located in that warehouse. If you do not want to warehouse manage materials then you need to create a seperate st loc that is NOT linked to a warehouse and receipt your raw materioals etc in to there.
I hope that this helps
Frenchy
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