diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Application/AtomToolsApplication.h b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Application/AtomToolsApplication.h
index 06a9f65ec1..016bc5c5e2 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Application/AtomToolsApplication.h
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Application/AtomToolsApplication.h
@@ -111,7 +111,7 @@ namespace AtomToolsFramework
 
         AZStd::unique_ptr<AzQtComponents::StyleManager> m_styleManager;
 
-        //! Local user settings are used to store material browser tree expansion state
+        //! Local user settings are used to store asset browser tree expansion state
         AZ::UserSettingsProvider m_localUserSettings;
 
         //! Are local settings loaded
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocument.h b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocument.h
index bf18d36c2c..cb64d23cd0 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocument.h
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocument.h
@@ -7,8 +7,9 @@
  */
 #pragma once
 
-#include <AzCore/RTTI/RTTI.h>
 #include <AtomToolsFramework/Document/AtomToolsDocumentRequestBus.h>
+#include <AzCore/RTTI/RTTI.h>
+#include <AzToolsFramework/API/EditorAssetSystemAPI.h>
 
 namespace AtomToolsFramework
 {
@@ -17,6 +18,7 @@ namespace AtomToolsFramework
      */
     class AtomToolsDocument
         : public AtomToolsDocumentRequestBus::Handler
+        , private AzToolsFramework::AssetSystemBus::Handler
     {
     public:
         AZ_RTTI(AtomToolsDocument, "{8992DF74-88EC-438C-B280-6E71D4C0880B}");
@@ -28,10 +30,8 @@ namespace AtomToolsFramework
 
         const AZ::Uuid& GetId() const;
 
-        ////////////////////////////////////////////////////////////////////////
-        // AtomToolsDocumentRequestBus::Handler implementation
+        // AtomToolsDocumentRequestBus::Handler overrides...
         AZStd::string_view GetAbsolutePath() const override;
-        AZStd::string_view GetRelativePath() const override;
         const AZStd::any& GetPropertyValue(const AZ::Name& propertyId) const override;
         const AtomToolsFramework::DynamicProperty& GetProperty(const AZ::Name& propertyId) const override;
         bool IsPropertyGroupVisible(const AZ::Name& propertyGroupFullName) const override;
@@ -51,21 +51,67 @@ namespace AtomToolsFramework
         bool Redo() override;
         bool BeginEdit() override;
         bool EndEdit() override;
-        ////////////////////////////////////////////////////////////////////////
 
     protected:
+        virtual void Clear();
 
-        // Unique id of this document
-        AZ::Uuid m_id = AZ::Uuid::CreateRandom();
+        virtual bool OpenSucceeded();
+        virtual bool OpenFailed();
+
+        virtual bool SaveSucceeded();
+        virtual bool SaveFailed();
+
+        //! Record state that needs to be restored after a document is reopened.
+        //! This can be overridden to record additional data.
+        virtual bool ReopenRecordState();
 
-        // Relative path to the material source file
-        AZStd::string m_relativePath;
+        //! Restore state that was recorded prior to document being reloaded.
+        //! This can be overridden to restore additional data.
+        virtual bool ReopenRestoreState();
 
-        // Absolute path to the material source file
+        //! The unique id of this document, used for all bus notifications and requests.
+        AZ::Uuid m_id = AZ::Uuid::CreateRandom();
+
+        //! The absolute path to the document source file.
         AZStd::string m_absolutePath;
 
+        //! The normalized, absolute path where the document will be saved.
+        AZStd::string m_savePathNormalized;
+
         AZStd::any m_invalidValue;
         
         AtomToolsFramework::DynamicProperty m_invalidProperty;
+
+        //! This contains absolute paths of other source files that affect this document.
+        //! If any of the source files in this container are modified, the document system is notified to reload this document.
+        AZStd::unordered_set<AZStd::string> m_sourceDependencies;
+
+        //! If this flag is true then the next source file change notification for this document will be ignored.
+        bool m_ignoreSourceFileChangeToSelf = false;
+
+        // Variables needed for tracking the undo and redo state of this document
+
+        // Function to be bound for undo and redo
+        using UndoRedoFunction = AZStd::function<void()>;
+
+        // A pair of functions, where first is the undo operation and second is the redo operation
+        using UndoRedoFunctionPair = AZStd::pair<UndoRedoFunction, UndoRedoFunction>;
+
+        // Container for all of the active undo and redo functions and state
+        using UndoRedoHistory = AZStd::vector<UndoRedoFunctionPair>;
+
+        // Container of undo commands
+        UndoRedoHistory m_undoHistory;
+        UndoRedoHistory m_undoHistoryBeforeReopen;
+
+        // The current position in the undo redo history
+        int m_undoHistoryIndex = {};
+        int m_undoHistoryIndexBeforeReopen = {};
+
+        //! Add new undo redo command functions at the current position in the undo history.
+        void AddUndoRedoHistory(const UndoRedoFunction& undoCommand, const UndoRedoFunction& redoCommand);
+
+        // AzToolsFramework::AssetSystemBus::Handler overrides...
+        void SourceFileChanged(AZStd::string relativePath, AZStd::string scanFolder, AZ::Uuid sourceUUID) override;
     };
 } // namespace AtomToolsFramework
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocumentRequestBus.h b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocumentRequestBus.h
index 6a21a8a2df..b6b3f65110 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocumentRequestBus.h
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/Document/AtomToolsDocumentRequestBus.h
@@ -25,9 +25,6 @@ namespace AtomToolsFramework
         //! Get absolute path of document
         virtual AZStd::string_view GetAbsolutePath() const = 0;
 
-        //! Get relative path of document
-        virtual AZStd::string_view GetRelativePath() const = 0;
-
         //! Return property value
         //! If the document is not open or the id can't be found, an invalid value is returned instead.
         virtual const AZStd::any& GetPropertyValue(const AZ::Name& propertyFullName) const = 0;
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/DynamicProperty/DynamicProperty.h b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/DynamicProperty/DynamicProperty.h
index 68e5e38cbd..5af0fcc845 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/DynamicProperty/DynamicProperty.h
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Include/AtomToolsFramework/DynamicProperty/DynamicProperty.h
@@ -111,7 +111,7 @@ namespace AtomToolsFramework
         AZStd::string GetDescription() const;
         AZStd::vector<AZ::Edit::EnumConstant<uint32_t>> GetEnumValues() const;
 
-        // Handles changes from the ReflectedPropertyEditor and sends notification to the material document.
+        // Handles changes from the ReflectedPropertyEditor and sends notification.
         AZ::u32 OnDataChanged() const;
 
         template<typename T>
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocument.cpp b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocument.cpp
index 1e2c685c3c..84638eefc4 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocument.cpp
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocument.cpp
@@ -6,8 +6,10 @@
  *
  */
 
+#include <Atom/RPI.Edit/Common/AssetUtils.h>
 #include <AtomToolsFramework/Document/AtomToolsDocument.h>
 #include <AtomToolsFramework/Document/AtomToolsDocumentNotificationBus.h>
+#include <AzToolsFramework/SourceControl/SourceControlAPI.h>
 
 namespace AtomToolsFramework
 {
@@ -19,6 +21,7 @@ namespace AtomToolsFramework
 
     AtomToolsDocument::~AtomToolsDocument()
     {
+        AzToolsFramework::AssetSystemBus::Handler::BusDisconnect();
         AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsDocumentNotificationBus::Events::OnDocumentDestroyed, m_id);
         AtomToolsDocumentRequestBus::Handler::BusDisconnect();
     }
@@ -33,11 +36,6 @@ namespace AtomToolsFramework
         return m_absolutePath;
     }
 
-    AZStd::string_view AtomToolsDocument::GetRelativePath() const
-    {
-        return m_relativePath;
-    }
-
     const AZStd::any& AtomToolsDocument::GetPropertyValue([[maybe_unused]] const AZ::Name& propertyId) const
     {
         AZ_UNUSED(propertyId);
@@ -66,49 +64,144 @@ namespace AtomToolsFramework
         AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
     }
 
-    bool AtomToolsDocument::Open([[maybe_unused]] AZStd::string_view loadPath)
+    bool AtomToolsDocument::Open(AZStd::string_view loadPath)
     {
-        AZ_UNUSED(loadPath);
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
-        return false;
+        Clear();
+
+        m_absolutePath = loadPath;
+        if (!AzFramework::StringFunc::Path::Normalize(m_absolutePath))
+        {
+            AZ_Error("AtomToolsDocument", false, "Document path could not be normalized: '%s'.", m_absolutePath.c_str());
+            return OpenFailed();
+        }
+
+        if (AzFramework::StringFunc::Path::IsRelative(m_absolutePath.c_str()))
+        {
+            AZ_Error("AtomToolsDocument", false, "Document path must be absolute: '%s'.", m_absolutePath.c_str());
+            return OpenFailed();
+        }
+
+        return true;
     }
 
     bool AtomToolsDocument::Reopen()
     {
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
-        return false;
+        if (!ReopenRecordState())
+        {
+            return false;
+        }
+
+        const auto loadPath = m_absolutePath;
+        if (!Open(loadPath))
+        {
+            return false;
+        }
+
+        if (!ReopenRestoreState())
+        {
+            return false;
+        }
+
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentModified, m_id);
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
+        return true;
     }
 
     bool AtomToolsDocument::Save()
     {
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
-        return false;
+        m_savePathNormalized = m_absolutePath;
+        if (!AzFramework::StringFunc::Path::Normalize(m_savePathNormalized))
+        {
+            AZ_Error("AtomToolsDocument", false, "Document save path could not be normalized: '%s'.", m_savePathNormalized.c_str());
+            return SaveFailed();
+        }
+
+        if (!IsOpen())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document is not open to be saved: '%s'.", m_absolutePath.c_str());
+            return SaveFailed();
+        }
+
+        if (!IsSavable())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document type can not be saved: '%s'.", m_absolutePath.c_str());
+            return SaveFailed();
+        }
+
+        return true;
     }
 
-    bool AtomToolsDocument::SaveAsCopy([[maybe_unused]] AZStd::string_view savePath)
+    bool AtomToolsDocument::SaveAsCopy(AZStd::string_view savePath)
     {
-        AZ_UNUSED(savePath);
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
-        return false;
-    }
+        m_savePathNormalized = savePath;
+        if (!AzFramework::StringFunc::Path::Normalize(m_savePathNormalized))
+        {
+            AZ_Error("AtomToolsDocument", false, "Document save path could not be normalized: '%s'.", m_savePathNormalized.c_str());
+            return SaveFailed();
+        }
+
+        if (!IsOpen())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document is not open to be saved: '%s'.", m_absolutePath.c_str());
+            return SaveFailed();
+        }
 
+        if (!IsSavable())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document type can not be saved: '%s'.", m_absolutePath.c_str());
+            return SaveFailed();
+        }
+
+        return true;
+    }
 
-    bool AtomToolsDocument::SaveAsChild([[maybe_unused]] AZStd::string_view savePath)
+    bool AtomToolsDocument::SaveAsChild(AZStd::string_view savePath)
     {
-        AZ_UNUSED(savePath);
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
-        return false;
+        m_savePathNormalized = savePath;
+        if (!AzFramework::StringFunc::Path::Normalize(m_savePathNormalized))
+        {
+            AZ_Error("AtomToolsDocument", false, "Document save path could not be normalized: '%s'.", m_savePathNormalized.c_str());
+            return SaveFailed();
+        }
+
+        if (!IsOpen())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document is not open to be saved: '%s'.", m_absolutePath.c_str());
+            return SaveFailed();
+        }
+
+        if (m_absolutePath == m_savePathNormalized || m_sourceDependencies.find(m_savePathNormalized) != m_sourceDependencies.end())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document can not be saved over a dependancy: '%s'.", m_savePathNormalized.c_str());
+            return SaveFailed();
+        }
+
+        return true;
     }
 
     bool AtomToolsDocument::Close()
     {
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
-        return false;
+        if (!IsOpen())
+        {
+            AZ_Error("AtomToolsDocument", false, "Document is not open.");
+            return false;
+        }
+
+        AZ_TracePrintf("AtomToolsDocument", "Document closed: '%s'.\n", m_absolutePath.c_str());
+
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentClosed, m_id);
+
+        // Clearing after notification so paths are still available
+        Clear();
+        return true;
     }
 
     bool AtomToolsDocument::IsOpen() const
     {
-        return false;
+        return !m_id.IsNull() && !m_absolutePath.empty();
     }
 
     bool AtomToolsDocument::IsModified() const
@@ -123,23 +216,41 @@ namespace AtomToolsFramework
 
     bool AtomToolsDocument::CanUndo() const
     {
-        return false;
+        // Undo will only be allowed if something has been recorded and we're not at the beginning of history
+        return IsOpen() && !m_undoHistory.empty() && m_undoHistoryIndex > 0;
     }
 
     bool AtomToolsDocument::CanRedo() const
     {
-        return false;
+        // Redo will only be allowed if something has been recorded and we're not at the end of history
+        return IsOpen() && !m_undoHistory.empty() && m_undoHistoryIndex < m_undoHistory.size();
     }
 
     bool AtomToolsDocument::Undo()
     {
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
+        if (CanUndo())
+        {
+            // The history index is one beyond the last executed command. Decrement the index then execute undo.
+            m_undoHistory[--m_undoHistoryIndex].first();
+            AZ_TracePrintf("AtomToolsDocument", "Document undo: '%s'.\n", m_absolutePath.c_str());
+            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+                &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
+            return true;
+        }
         return false;
     }
 
     bool AtomToolsDocument::Redo()
     {
-        AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
+        if (CanRedo())
+        {
+            // Execute the current redo command then move the history index to the next position.
+            m_undoHistory[m_undoHistoryIndex++].second();
+            AZ_TracePrintf("AtomToolsDocument", "Document redo: '%s'.\n", m_absolutePath.c_str());
+            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+                &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
+            return true;
+        }
         return false;
     }
 
@@ -154,4 +265,107 @@ namespace AtomToolsFramework
         AZ_Error("AtomToolsDocument", false, "%s not implemented.", __FUNCTION__);
         return false;
     }
+
+    void AtomToolsDocument::Clear()
+    {
+        AzToolsFramework::AssetSystemBus::Handler::BusDisconnect();
+
+        m_absolutePath.clear();
+        m_sourceDependencies.clear();
+        m_ignoreSourceFileChangeToSelf = {};
+        m_undoHistory.clear();
+        m_undoHistoryIndex = {};
+    }
+
+    bool AtomToolsDocument::OpenSucceeded()
+    {
+        AZ_TracePrintf("AtomToolsDocument", "Document opened: '%s'.\n", m_absolutePath.c_str());
+        AzToolsFramework::AssetSystemBus::Handler::BusConnect();
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentOpened, m_id);
+        return true;
+    }
+
+    bool AtomToolsDocument::OpenFailed()
+    {
+        AZ_TracePrintf("AtomToolsDocument", "Document could not opened: '%s'.\n", m_absolutePath.c_str());
+        Clear();
+        return false;
+    }
+
+    bool AtomToolsDocument::SaveSucceeded()
+    {
+        m_ignoreSourceFileChangeToSelf = true;
+
+        AZ_TracePrintf("AtomToolsDocument", "Document saved: '%s'.\n", m_savePathNormalized.c_str());
+
+        // Auto add or checkout saved file
+        AzToolsFramework::SourceControlCommandBus::Broadcast(
+            &AzToolsFramework::SourceControlCommandBus::Events::RequestEdit, m_savePathNormalized.c_str(), true,
+            [](bool, const AzToolsFramework::SourceControlFileInfo&) {});
+
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentSaved, m_id);
+        return true;
+    }
+
+    bool AtomToolsDocument::SaveFailed()
+    {
+        AZ_TracePrintf("AtomToolsDocument", "Document not saved: '%s'.\n", m_savePathNormalized.c_str());
+        return false;
+    }
+
+    bool AtomToolsDocument::ReopenRecordState()
+    {
+        m_undoHistoryBeforeReopen = m_undoHistory;
+        m_undoHistoryIndexBeforeReopen = m_undoHistoryIndex;
+        return true;
+    }
+
+    bool AtomToolsDocument::ReopenRestoreState()
+    {
+        m_undoHistory = m_undoHistoryBeforeReopen;
+        m_undoHistoryIndex = m_undoHistoryIndexBeforeReopen;
+        m_undoHistoryBeforeReopen = {};
+        m_undoHistoryIndexBeforeReopen = {};
+        return true;
+    }
+
+    void AtomToolsDocument::AddUndoRedoHistory(const UndoRedoFunction& undoCommand, const UndoRedoFunction& redoCommand)
+    {
+        // Wipe any state beyond the current history index
+        m_undoHistory.erase(m_undoHistory.begin() + m_undoHistoryIndex, m_undoHistory.end());
+
+        // Add undo and redo operations using functions that capture state and restore it when executed
+        m_undoHistory.emplace_back(undoCommand, redoCommand);
+
+        // Assign the index to the end of history
+        m_undoHistoryIndex = aznumeric_cast<int>(m_undoHistory.size());
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
+    }
+
+    void AtomToolsDocument::SourceFileChanged(AZStd::string relativePath, AZStd::string scanFolder, [[maybe_unused]] AZ::Uuid sourceUUID)
+    {
+        const auto sourcePath = AZ::RPI::AssetUtils::ResolvePathReference(scanFolder, relativePath);
+
+        if (m_absolutePath == sourcePath)
+        {
+            // ignore notifications caused by saving the open document
+            if (!m_ignoreSourceFileChangeToSelf)
+            {
+                AZ_TracePrintf("AtomToolsDocument", "Document changed externally: '%s'.\n", m_absolutePath.c_str());
+                AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+                    &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentExternallyModified, m_id);
+            }
+            m_ignoreSourceFileChangeToSelf = false;
+        }
+        else if (m_sourceDependencies.find(sourcePath) != m_sourceDependencies.end())
+        {
+            AZ_TracePrintf("AtomToolsDocument", "Document dependency changed: '%s'.\n", m_absolutePath.c_str());
+            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+                &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentDependencyModified, m_id);
+        }
+    }
+
 } // namespace AtomToolsFramework
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.cpp b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.cpp
index d554c68451..b5a3f5322c 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.cpp
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.cpp
@@ -77,7 +77,6 @@ namespace AtomToolsFramework
                 ->Attribute(AZ::Script::Attributes::Category, "Editor")
                 ->Attribute(AZ::Script::Attributes::Module, "atomtools")
                 ->Event("GetAbsolutePath", &AtomToolsDocumentRequestBus::Events::GetAbsolutePath)
-                ->Event("GetRelativePath", &AtomToolsDocumentRequestBus::Events::GetRelativePath)
                 ->Event("GetPropertyValue", &AtomToolsDocumentRequestBus::Events::GetPropertyValue)
                 ->Event("SetPropertyValue", &AtomToolsDocumentRequestBus::Events::SetPropertyValue)
                 ->Event("Open", &AtomToolsDocumentRequestBus::Events::Open)
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.h b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.h
index 58470e3582..5c7454e5c7 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.h
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/Document/AtomToolsDocumentSystemComponent.h
@@ -24,7 +24,7 @@ AZ_POP_DISABLE_WARNING
 
 namespace AtomToolsFramework
 {
-    //! AtomToolsDocumentSystemComponent is the central component of the Material Editor Core gem
+    //! AtomToolsDocumentSystemComponent is the central component for managing documents
     class AtomToolsDocumentSystemComponent
         : public AZ::Component
         , private AtomToolsDocumentNotificationBus::Handler
diff --git a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/PreviewRenderer/PreviewRendererCaptureState.h b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/PreviewRenderer/PreviewRendererCaptureState.h
index 74195ab396..55f0507014 100644
--- a/Gems/Atom/Tools/AtomToolsFramework/Code/Source/PreviewRenderer/PreviewRendererCaptureState.h
+++ b/Gems/Atom/Tools/AtomToolsFramework/Code/Source/PreviewRenderer/PreviewRendererCaptureState.h
@@ -14,7 +14,7 @@
 
 namespace AtomToolsFramework
 {
-    //! PreviewRendererCaptureState renders a thumbnail to a pixmap and notifies MaterialOrModelThumbnail once finished
+    //! PreviewRendererCaptureState renders a preview to an image
     class PreviewRendererCaptureState final
         : public PreviewRendererState
         , public AZ::TickBus::Handler
@@ -31,7 +31,7 @@ namespace AtomToolsFramework
         //! AZ::Render::FrameCaptureNotificationBus::Handler overrides...
         void OnCaptureFinished(AZ::Render::FrameCaptureResult result, const AZStd::string& info) override;
 
-        //! This is necessary to suspend capture to allow a frame for Material and Mesh components to assign materials
+        //! This is necessary to suspend capture until preview scene is ready
         int m_ticksToCapture = 1;
     };
 } // namespace AtomToolsFramework
diff --git a/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.cpp b/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.cpp
index c441762710..283b7a8a7f 100644
--- a/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.cpp
+++ b/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.cpp
@@ -12,16 +12,11 @@
 #include <Atom/RPI.Edit/Material/MaterialPropertyId.h>
 #include <Atom/RPI.Edit/Material/MaterialUtils.h>
 #include <Atom/RPI.Public/Material/Material.h>
-#include <Atom/RPI.Public/Image/ImageSystemInterface.h>
-#include <Atom/RPI.Reflect/Image/Image.h>
-#include <Atom/RPI.Reflect/Image/StreamingImageAsset.h>
 #include <Atom/RPI.Reflect/Material/MaterialFunctor.h>
 #include <Atom/RPI.Reflect/Material/MaterialPropertiesLayout.h>
 #include <AtomCore/Instance/Instance.h>
 #include <AtomToolsFramework/Document/AtomToolsDocumentNotificationBus.h>
 #include <AtomToolsFramework/Util/MaterialPropertyUtil.h>
-#include <AzToolsFramework/API/EditorAssetSystemAPI.h>
-#include <AzToolsFramework/SourceControl/SourceControlAPI.h>
 #include <Document/MaterialDocument.h>
 
 namespace MaterialEditor
@@ -30,14 +25,12 @@ namespace MaterialEditor
         : AtomToolsFramework::AtomToolsDocument()
     {
         MaterialDocumentRequestBus::Handler::BusConnect(m_id);
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentCreated, m_id);
     }
 
     MaterialDocument::~MaterialDocument()
     {
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentDestroyed, m_id);
         MaterialDocumentRequestBus::Handler::BusDisconnect();
-        Clear();
+        AZ::TickBus::Handler::BusDisconnect();
     }
 
     AZ::Data::Asset<AZ::RPI::MaterialAsset> MaterialDocument::GetAsset() const
@@ -62,19 +55,16 @@ namespace MaterialEditor
 
     const AZStd::any& MaterialDocument::GetPropertyValue(const AZ::Name& propertyId) const
     {
-        using namespace AZ;
-        using namespace RPI;
-
         if (!IsOpen())
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open.");
+            AZ_Error("MaterialDocument", false, "Document is not open.");
             return m_invalidValue;
         }
 
         const auto it = m_properties.find(propertyId);
         if (it == m_properties.end())
         {
-            AZ_Error("MaterialDocument", false, "Material document property could not be found: '%s'.", propertyId.GetCStr());
+            AZ_Error("MaterialDocument", false, "Document property could not be found: '%s'.", propertyId.GetCStr());
             return m_invalidValue;
         }
 
@@ -86,14 +76,14 @@ namespace MaterialEditor
     {
         if (!IsOpen())
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open.");
+            AZ_Error("MaterialDocument", false, "Document is not open.");
             return m_invalidProperty;
         }
 
         const auto it = m_properties.find(propertyId);
         if (it == m_properties.end())
         {
-            AZ_Error("MaterialDocument", false, "Material document property could not be found: '%s'.", propertyId.GetCStr());
+            AZ_Error("MaterialDocument", false, "Document property could not be found: '%s'.", propertyId.GetCStr());
             return m_invalidProperty;
         }
 
@@ -105,14 +95,14 @@ namespace MaterialEditor
     {
         if (!IsOpen())
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open.");
+            AZ_Error("MaterialDocument", false, "Document is not open.");
             return false;
         }
 
         const auto it = m_propertyGroupVisibility.find(propertyGroupFullName);
         if (it == m_propertyGroupVisibility.end())
         {
-            AZ_Error("MaterialDocument", false, "Material document property group could not be found: '%s'.", propertyGroupFullName.GetCStr());
+            AZ_Error("MaterialDocument", false, "Document property group could not be found: '%s'.", propertyGroupFullName.GetCStr());
             return false;
         }
 
@@ -121,25 +111,21 @@ namespace MaterialEditor
 
     void MaterialDocument::SetPropertyValue(const AZ::Name& propertyId, const AZStd::any& value)
     {
-        using namespace AZ;
-        using namespace RPI;
-
         if (!IsOpen())
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open.");
+            AZ_Error("MaterialDocument", false, "Document is not open.");
             return;
         }
 
         const auto it = m_properties.find(propertyId);
         if (it == m_properties.end())
         {
-            AZ_Error("MaterialDocument", false, "Material document property could not be found: '%s'.", propertyId.GetCStr());
+            AZ_Error("MaterialDocument", false, "Document property could not be found: '%s'.", propertyId.GetCStr());
             return;
         }
 
         // This first converts to an acceptable runtime type in case the value came from script
-        const AZ::RPI::MaterialPropertyValue propertyValue =
-            AtomToolsFramework::ConvertToRuntimeType(value);
+        const AZ::RPI::MaterialPropertyValue propertyValue = AtomToolsFramework::ConvertToRuntimeType(value);
 
         AtomToolsFramework::DynamicProperty& property = it->second;
         property.SetValue(AtomToolsFramework::ConvertToEditableType(propertyValue));
@@ -149,108 +135,53 @@ namespace MaterialEditor
         {
             if (m_materialInstance->SetPropertyValue(propertyIndex, propertyValue))
             {
-                MaterialPropertyFlags dirtyFlags = m_materialInstance->GetPropertyDirtyFlags();
+                AZ::RPI::MaterialPropertyFlags dirtyFlags = m_materialInstance->GetPropertyDirtyFlags();
 
                 Recompile();
 
                 EditorMaterialFunctorResult result = RunEditorMaterialFunctors(dirtyFlags);
-                for (const Name& changedPropertyGroupName : result.m_updatedPropertyGroups)
+                for (const AZ::Name& changedPropertyGroupName : result.m_updatedPropertyGroups)
                 {
-                    AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentPropertyGroupVisibilityChanged, m_id, changedPropertyGroupName, IsPropertyGroupVisible(changedPropertyGroupName));
+                    AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+                        &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentPropertyGroupVisibilityChanged, m_id,
+                        changedPropertyGroupName, IsPropertyGroupVisible(changedPropertyGroupName));
                 }
-                for (const Name& changedPropertyName : result.m_updatedProperties)
+                for (const AZ::Name& changedPropertyName : result.m_updatedProperties)
                 {
-                    AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentPropertyConfigModified, m_id, GetProperty(changedPropertyName));
+                    AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+                        &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentPropertyConfigModified, m_id,
+                        GetProperty(changedPropertyName));
                 }
             }
         }
 
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentPropertyValueModified, m_id, property);
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentModified, m_id);
-    }
-
-    bool MaterialDocument::Open(AZStd::string_view loadPath)
-    {
-        if (!OpenInternal(loadPath))
-        {
-            Clear();
-            AZ_Error("MaterialDocument", false, "Material document could not be opened: '%s'.", loadPath.data());
-            return false;
-        }
-
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentOpened, m_id);
-        return true;
-    }
-
-    bool MaterialDocument::Reopen()
-    {
-        // Store history and property changes that should be reapplied after reload
-        auto undoHistoryToRestore = m_undoHistory;
-        auto undoHistoryIndexToRestore = m_undoHistoryIndex;
-        PropertyValueMap propertyValuesToRestore;
-        for (const auto& propertyPair : m_properties)
-        {
-            const AtomToolsFramework::DynamicProperty& property = propertyPair.second;
-            if (!AtomToolsFramework::ArePropertyValuesEqual(property.GetValue(), property.GetConfig().m_parentValue))
-            {
-                propertyValuesToRestore[property.GetId()] = property.GetValue();
-            }
-        }
-
-        // Reopen the same document
-        const AZStd::string loadPath = m_absolutePath;
-        if (!OpenInternal(loadPath))
-        {
-            Clear();
-            return false;
-        }
-
-        RestorePropertyValues(propertyValuesToRestore);
-        AZStd::swap(undoHistoryToRestore, m_undoHistory);
-        AZStd::swap(undoHistoryIndexToRestore, m_undoHistoryIndex);
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentOpened, m_id);
-        return true;
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentPropertyValueModified, m_id, property);
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentModified, m_id);
     }
 
     bool MaterialDocument::Save()
     {
-        using namespace AZ;
-        using namespace RPI;
-
-        if (!IsOpen())
+        if (!AtomToolsDocument::Save())
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open to be saved: '%s'.", m_absolutePath.c_str());
+            // SaveFailed has already been called so just forward the result without additional notifications.
+            // TODO Replace bool return value with enum for open and save states.
             return false;
         }
 
-        if (!IsSavable())
-        {
-            AZ_Error("MaterialDocument", false, "Material types can only be saved as a child: '%s'.", m_absolutePath.c_str());
-            return false;
-        }
-
-        // create source data from properties
-        MaterialSourceData sourceData;
+        // populate sourceData with modified or overridden properties and save object
+        AZ::RPI::MaterialSourceData sourceData;
         sourceData.m_materialTypeVersion = m_materialAsset->GetMaterialTypeAsset()->GetVersion();
         sourceData.m_materialType = AtomToolsFramework::GetExteralReferencePath(m_absolutePath, m_materialSourceData.m_materialType);
         sourceData.m_parentMaterial = AtomToolsFramework::GetExteralReferencePath(m_absolutePath, m_materialSourceData.m_parentMaterial);
-
-        // populate sourceData with modified or overwritten properties
-        const bool savedProperties = SavePropertiesToSourceData(m_absolutePath, sourceData, [](const AtomToolsFramework::DynamicProperty& property)
-        {
+        auto propertyFilter = [](const AtomToolsFramework::DynamicProperty& property) {
             return !AtomToolsFramework::ArePropertyValuesEqual(property.GetValue(), property.GetConfig().m_parentValue);
-        });
+        };
 
-        if (!savedProperties)
+        if (!SaveSourceData(sourceData, propertyFilter))
         {
-            return false;
-        }
-
-        // write sourceData to .material file
-        if (!AZ::RPI::JsonUtils::SaveObjectToFile(m_absolutePath, sourceData))
-        {
-            AZ_Error("MaterialDocument", false, "Material document could not be saved: '%s'.", m_absolutePath.c_str());
-            return false;
+            return SaveFailed();
         }
 
         // after saving, reset to a clean state
@@ -262,181 +193,82 @@ namespace MaterialEditor
             property.SetConfig(propertyConfig);
         }
 
-        // Auto add or checkout saved file
-        AzToolsFramework::SourceControlCommandBus::Broadcast(&AzToolsFramework::SourceControlCommandBus::Events::RequestEdit,
-            m_absolutePath.c_str(), true, [](bool, const AzToolsFramework::SourceControlFileInfo&) {});
-
-        AZ_TracePrintf("MaterialDocument", "Material document saved: '%s'.\n", m_absolutePath.data());
-
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentSaved, m_id);
-
-        m_saveTriggeredInternally = true;
-        return true;
+        return SaveSucceeded();
     }
 
     bool MaterialDocument::SaveAsCopy(AZStd::string_view savePath)
     {
-        using namespace AZ;
-        using namespace RPI;
-
-        if (!IsOpen())
+        if (!AtomToolsDocument::SaveAsCopy(savePath))
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open to be saved: '%s'.", m_absolutePath.c_str());
+            // SaveFailed has already been called so just forward the result without additional notifications.
+            // TODO Replace bool return value with enum for open and save states.
             return false;
         }
 
-        if (!IsSavable())
-        {
-            AZ_Error("MaterialDocument", false, "Material types can only be saved as a child: '%s'.", m_absolutePath.c_str());
-            return false;
-        }
-
-        AZStd::string normalizedSavePath = savePath;
-        if (!AzFramework::StringFunc::Path::Normalize(normalizedSavePath))
-        {
-            AZ_Error("MaterialDocument", false, "Material document save path could not be normalized: '%s'.", normalizedSavePath.c_str());
-            return false;
-        }
-
-        // create source data from properties
-        MaterialSourceData sourceData;
+        // populate sourceData with modified or overridden properties and save object
+        AZ::RPI::MaterialSourceData sourceData;
         sourceData.m_materialTypeVersion = m_materialAsset->GetMaterialTypeAsset()->GetVersion();
-        sourceData.m_materialType = AtomToolsFramework::GetExteralReferencePath(normalizedSavePath, m_materialSourceData.m_materialType);
-        sourceData.m_parentMaterial = AtomToolsFramework::GetExteralReferencePath(normalizedSavePath, m_materialSourceData.m_parentMaterial);
-
-        // populate sourceData with modified or overwritten properties
-        const bool savedProperties = SavePropertiesToSourceData(normalizedSavePath, sourceData, [](const AtomToolsFramework::DynamicProperty& property)
-        {
+        sourceData.m_materialType = AtomToolsFramework::GetExteralReferencePath(m_savePathNormalized, m_materialSourceData.m_materialType);
+        sourceData.m_parentMaterial = AtomToolsFramework::GetExteralReferencePath(m_savePathNormalized, m_materialSourceData.m_parentMaterial);
+        auto propertyFilter = [](const AtomToolsFramework::DynamicProperty& property) {
             return !AtomToolsFramework::ArePropertyValuesEqual(property.GetValue(), property.GetConfig().m_parentValue);
-        });
-
-        if (!savedProperties)
-        {
-            return false;
-        }
+        };
 
-        // write sourceData to .material file
-        if (!AZ::RPI::JsonUtils::SaveObjectToFile(normalizedSavePath, sourceData))
+        if (!SaveSourceData(sourceData, propertyFilter))
         {
-            AZ_Error("MaterialDocument", false, "Material document could not be saved: '%s'.", normalizedSavePath.c_str());
-            return false;
+            return SaveFailed();
         }
 
-        // Auto add or checkout saved file
-        AzToolsFramework::SourceControlCommandBus::Broadcast(&AzToolsFramework::SourceControlCommandBus::Events::RequestEdit,
-            normalizedSavePath.c_str(), true, [](bool, const AzToolsFramework::SourceControlFileInfo&) {});
-
-        AZ_TracePrintf("MaterialDocument", "Material document saved: '%s'.\n", normalizedSavePath.c_str());
-
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentSaved, m_id);
-
         // If the document is saved to a new file we need to reopen the new document to update assets, paths, property deltas.
-        if (!Open(normalizedSavePath))
+        if (!Open(m_savePathNormalized))
         {
-            return false;
+            return SaveFailed();
         }
 
-        // Setting flag after reopening becausse it's cleared on open
-        m_saveTriggeredInternally = true;
-        return true;
+        return SaveSucceeded();
     }
 
     bool MaterialDocument::SaveAsChild(AZStd::string_view savePath)
     {
-        using namespace AZ;
-        using namespace RPI;
-
-        if (!IsOpen())
+        if (!AtomToolsDocument::SaveAsChild(savePath))
         {
-            AZ_Error("MaterialDocument", false, "Material document is not open to be saved: '%s'.", m_absolutePath.c_str());
+            // SaveFailed has already been called so just forward the result without additional notifications.
+            // TODO Replace bool return value with enum for open and save states.
             return false;
         }
 
-        AZStd::string normalizedSavePath = savePath;
-        if (!AzFramework::StringFunc::Path::Normalize(normalizedSavePath))
-        {
-            AZ_Error("MaterialDocument", false, "Material document save path could not be normalized: '%s'.", normalizedSavePath.c_str());
-            return false;
-        }
-
-        if (m_absolutePath == normalizedSavePath)
-        {
-            // ToDo: this should scan the entire hierarchy so we don't overwrite parent's parent, for example
-            AZ_Error("MaterialDocument", false, "Can't overwrite parent material with a child that depends on it.");
-            return false;
-        }
-
-        // create source data from properties
-        MaterialSourceData sourceData;
+        // populate sourceData with modified or overridden properties and save object
+        AZ::RPI::MaterialSourceData sourceData;
         sourceData.m_materialTypeVersion = m_materialAsset->GetMaterialTypeAsset()->GetVersion();
-        sourceData.m_materialType = AtomToolsFramework::GetExteralReferencePath(normalizedSavePath, m_materialSourceData.m_materialType);
+        sourceData.m_materialType = AtomToolsFramework::GetExteralReferencePath(m_savePathNormalized, m_materialSourceData.m_materialType);
 
         // Only assign a parent path if the source was a .material
-        if (AzFramework::StringFunc::Path::IsExtension(m_relativePath.c_str(), MaterialSourceData::Extension))
+        if (AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), AZ::RPI::MaterialSourceData::Extension))
         {
-            sourceData.m_parentMaterial = AtomToolsFramework::GetExteralReferencePath(normalizedSavePath, m_absolutePath);
+            sourceData.m_parentMaterial = AtomToolsFramework::GetExteralReferencePath(m_savePathNormalized, m_absolutePath);
         }
 
-        // populate sourceData with modified properties
-        const bool savedProperties = SavePropertiesToSourceData(normalizedSavePath, sourceData, [](const AtomToolsFramework::DynamicProperty& property)
-        {
+        auto propertyFilter = [](const AtomToolsFramework::DynamicProperty& property) {
             return !AtomToolsFramework::ArePropertyValuesEqual(property.GetValue(), property.GetConfig().m_originalValue);
-        });
-
-        if (!savedProperties)
-        {
-            return false;
-        }
+        };
 
-        // write sourceData to .material file
-        if (!AZ::RPI::JsonUtils::SaveObjectToFile(normalizedSavePath, sourceData))
+        if (!SaveSourceData(sourceData, propertyFilter))
         {
-            AZ_Error("MaterialDocument", false, "Material document could not be saved: '%s'.", normalizedSavePath.c_str());
-            return false;
+            return SaveFailed();
         }
 
-        // Auto add or checkout saved file
-        AzToolsFramework::SourceControlCommandBus::Broadcast(&AzToolsFramework::SourceControlCommandBus::Events::RequestEdit,
-            normalizedSavePath.c_str(), true, [](bool, const AzToolsFramework::SourceControlFileInfo&) {});
-
-        AZ_TracePrintf("MaterialDocument", "Material document saved: '%s'.\n", normalizedSavePath.c_str());
-
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentSaved, m_id);
-
         // If the document is saved to a new file we need to reopen the new document to update assets, paths, property deltas.
-        if (!Open(normalizedSavePath))
+        if (!Open(m_savePathNormalized))
         {
-            return false;
+            return SaveFailed();
         }
 
-        // Setting flag after reopening becausse it's cleared on open
-        m_saveTriggeredInternally = true;
-        return true;
-    }
-
-    bool MaterialDocument::Close()
-    {
-        using namespace AZ;
-        using namespace RPI;
-
-        if (!IsOpen())
-        {
-            AZ_Error("MaterialDocument", false, "Material document is not open.");
-            return false;
-        }
-
-        AZ_TracePrintf("MaterialDocument", "Material document closed: '%s'.\n", m_absolutePath.c_str());
-
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentClosed, m_id);
-
-        // Clearing after notification so paths are still available
-        Clear();
-        return true;
+        return SaveSucceeded();
     }
 
     bool MaterialDocument::IsOpen() const
     {
-        return !m_absolutePath.empty() && !m_relativePath.empty() && m_materialAsset.IsReady() && m_materialInstance;
+        return AtomToolsDocument::IsOpen() && m_materialAsset.IsReady() && m_materialInstance;
     }
 
     bool MaterialDocument::IsModified() const
@@ -454,44 +286,6 @@ namespace MaterialEditor
         return AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), AZ::RPI::MaterialSourceData::Extension);
     }
 
-    bool MaterialDocument::CanUndo() const
-    {
-        // Undo will only be allowed if something has been recorded and we're not at the beginning of history
-        return IsOpen() && !m_undoHistory.empty() && m_undoHistoryIndex > 0;
-    }
-
-    bool MaterialDocument::CanRedo() const
-    {
-        // Redo will only be allowed if something has been recorded and we're not at the end of history
-        return IsOpen() && !m_undoHistory.empty() && m_undoHistoryIndex < m_undoHistory.size();
-    }
-
-    bool MaterialDocument::Undo()
-    {
-        if (CanUndo())
-        {
-            // The history index is one beyond the last executed command. Decrement the index then execute undo.
-            m_undoHistory[--m_undoHistoryIndex].first();
-            AZ_TracePrintf("MaterialDocument", "Material document undo: '%s'.\n", m_absolutePath.c_str());
-            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
-            return true;
-        }
-        return false;
-    }
-
-    bool MaterialDocument::Redo()
-    {
-        if (CanRedo())
-        {
-            // Execute the current redo command then move the history index to the next position.
-            m_undoHistory[m_undoHistoryIndex++].second();
-            AZ_TracePrintf("MaterialDocument", "Material document redo: '%s'.\n", m_absolutePath.c_str());
-            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
-            return true;
-        }
-        return false;
-    }
-
     bool MaterialDocument::BeginEdit()
     {
         // Save the current properties as a momento for undo before any changes are applied
@@ -524,17 +318,9 @@ namespace MaterialEditor
 
         if (!propertyValuesForUndo.empty() && !propertyValuesForRedo.empty())
         {
-            // Wipe any state beyond the current history index
-            m_undoHistory.erase(m_undoHistory.begin() + m_undoHistoryIndex, m_undoHistory.end());
-
-            // Add undo and redo operations using lambdas that will capture property state and restore it when executed
-            m_undoHistory.emplace_back(
+            AddUndoRedoHistory(
                 [this, propertyValuesForUndo]() { RestorePropertyValues(propertyValuesForUndo); },
                 [this, propertyValuesForRedo]() { RestorePropertyValues(propertyValuesForRedo); });
-
-            // Assign the index to the end of history
-            m_undoHistoryIndex = aznumeric_cast<int>(m_undoHistory.size());
-            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentUndoStateChanged, m_id);
         }
 
         m_propertyValuesBeforeEdit.clear();
@@ -553,52 +339,25 @@ namespace MaterialEditor
         }
     }
 
-    void MaterialDocument::SourceFileChanged(AZStd::string relativePath, AZStd::string scanFolder, [[maybe_unused]] AZ::Uuid sourceUUID)
-    {
-        const auto sourcePath = AZ::RPI::AssetUtils::ResolvePathReference(scanFolder, relativePath);
-
-        if (m_absolutePath == sourcePath)
-        {
-            // ignore notifications caused by saving the open document
-            if (!m_saveTriggeredInternally)
-            {
-                AZ_TracePrintf("MaterialDocument", "Material document changed externally: '%s'.\n", m_absolutePath.c_str());
-                AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
-                    &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentExternallyModified, m_id);
-            }
-            m_saveTriggeredInternally = false;
-        }
-        else if (m_sourceDependencies.find(sourcePath) != m_sourceDependencies.end())
-        {
-            AZ_TracePrintf("MaterialDocument", "Material document dependency changed: '%s'.\n", m_absolutePath.c_str());
-            AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
-                &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentDependencyModified, m_id);
-        }
-    }
-
-    bool MaterialDocument::SavePropertiesToSourceData(
-        const AZStd::string& exportPath, AZ::RPI::MaterialSourceData& sourceData, PropertyFilterFunction propertyFilter) const
+    bool MaterialDocument::SaveSourceData(AZ::RPI::MaterialSourceData& sourceData, PropertyFilterFunction propertyFilter) const
     {
-        using namespace AZ;
-        using namespace RPI;
-
-        bool result = true;
+        bool addPropertiesResult = true;
 
         // populate sourceData with properties that meet the filter
-        m_materialTypeSourceData.EnumerateProperties([&](const AZStd::string& propertyIdContext, const auto& propertyDefinition) {
+        m_materialTypeSourceData.EnumerateProperties([&, this](const AZStd::string& propertyIdContext, const auto& propertyDefinition) {
 
-            Name propertyId{propertyIdContext + propertyDefinition->GetName()};
+            AZ::Name propertyId{propertyIdContext + propertyDefinition->GetName()};
 
             const auto it = m_properties.find(propertyId);
             if (it != m_properties.end() && propertyFilter(it->second))
             {
-                MaterialPropertyValue propertyValue = AtomToolsFramework::ConvertToRuntimeType(it->second.GetValue());
+                AZ::RPI::MaterialPropertyValue propertyValue = AtomToolsFramework::ConvertToRuntimeType(it->second.GetValue());
                 if (propertyValue.IsValid())
                 {
-                    if (!AtomToolsFramework::ConvertToExportFormat(exportPath, propertyId, *propertyDefinition, propertyValue))
+                    if (!AtomToolsFramework::ConvertToExportFormat(m_savePathNormalized, propertyId, *propertyDefinition, propertyValue))
                     {
-                        AZ_Error("MaterialDocument", false, "Material document property could not be converted: '%s' in '%s'.", propertyId.GetCStr(), m_absolutePath.c_str());
-                        result = false;
+                        AZ_Error("MaterialDocument", false, "Document property could not be converted: '%s' in '%s'.", propertyId.GetCStr(), m_absolutePath.c_str());
+                        addPropertiesResult = false;
                         return false;
                     }
                     
@@ -610,55 +369,36 @@ namespace MaterialEditor
             return true;
         });
 
-        return result;
-    }
-
-    bool MaterialDocument::OpenInternal(AZStd::string_view loadPath)
-    {
-        using namespace AZ;
-        using namespace RPI;
-
-        Clear();
-
-        m_absolutePath = loadPath;
-        if (!AzFramework::StringFunc::Path::Normalize(m_absolutePath))
+        if (!addPropertiesResult)
         {
-            AZ_Error("MaterialDocument", false, "Material document path could not be normalized: '%s'.", m_absolutePath.c_str());
+            AZ_Error("MaterialDocument", false, "Document properties could not be saved: '%s'.", m_savePathNormalized.c_str());
             return false;
         }
 
-        if (AzFramework::StringFunc::Path::IsRelative(m_absolutePath.c_str()))
+        if (!AZ::RPI::JsonUtils::SaveObjectToFile(m_savePathNormalized, sourceData))
         {
-            AZ_Error("MaterialDocument", false, "Material document path must be absolute: '%s'.", m_absolutePath.c_str());
+            AZ_Error("MaterialDocument", false, "Document could not be saved: '%s'.", m_savePathNormalized.c_str());
             return false;
         }
 
-        bool result = false;
-        Data::AssetInfo sourceAssetInfo;
-        AZStd::string watchFolder;
-        AzToolsFramework::AssetSystemRequestBus::BroadcastResult(result, &AzToolsFramework::AssetSystem::AssetSystemRequest::GetSourceInfoBySourcePath,
-            m_absolutePath.c_str(), sourceAssetInfo, watchFolder);
-        if (!result)
-        {
-            AZ_Error("MaterialDocument", false, "Could not find source material: '%s'.", m_absolutePath.c_str());
-            return false;
-        }
+        return true;
+    }
 
-        m_relativePath = sourceAssetInfo.m_relativePath;
-        if (!AzFramework::StringFunc::Path::Normalize(m_relativePath))
+    bool MaterialDocument::Open(AZStd::string_view loadPath)
+    {
+        if (!AtomToolsDocument::Open(loadPath))
         {
-            AZ_Error("MaterialDocument", false, "Material document path could not be normalized: '%s'.", m_relativePath.c_str());
             return false;
         }
 
         // The material document and inspector are constructed from source data
-        if (AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), MaterialSourceData::Extension))
+        if (AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), AZ::RPI::MaterialSourceData::Extension))
         {
             // Load the material source data so that we can check properties and create a material asset from it
             if (!AZ::RPI::JsonUtils::LoadObjectFromFile(m_absolutePath, m_materialSourceData))
             {
                 AZ_Error("MaterialDocument", false, "Material source data could not be loaded: '%s'.", m_absolutePath.c_str());
-                return false;
+                return OpenFailed();
             }
 
             // We always need the absolute path for the material type and parent material to load source data and resolving
@@ -666,33 +406,34 @@ namespace MaterialEditor
             if (!m_materialSourceData.m_parentMaterial.empty())
             {
                 m_materialSourceData.m_parentMaterial =
-                    AssetUtils::ResolvePathReference(m_absolutePath, m_materialSourceData.m_parentMaterial);
+                    AZ::RPI::AssetUtils::ResolvePathReference(m_absolutePath, m_materialSourceData.m_parentMaterial);
             }
 
             if (!m_materialSourceData.m_materialType.empty())
             {
-                m_materialSourceData.m_materialType = AssetUtils::ResolvePathReference(m_absolutePath, m_materialSourceData.m_materialType);
+                m_materialSourceData.m_materialType =
+                    AZ::RPI::AssetUtils::ResolvePathReference(m_absolutePath, m_materialSourceData.m_materialType);
             }
 
             // Load the material type source data which provides the layout and default values of all of the properties
-            auto materialTypeOutcome = MaterialUtils::LoadMaterialTypeSourceData(m_materialSourceData.m_materialType);
+            auto materialTypeOutcome = AZ::RPI::MaterialUtils::LoadMaterialTypeSourceData(m_materialSourceData.m_materialType);
             if (!materialTypeOutcome.IsSuccess())
             {
                 AZ_Error("MaterialDocument", false, "Material type source data could not be loaded: '%s'.", m_materialSourceData.m_materialType.c_str());
-                return false;
+                return OpenFailed();
             }
             m_materialTypeSourceData = materialTypeOutcome.TakeValue();
         }
-        else if (AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), MaterialTypeSourceData::Extension))
+        else if (AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), AZ::RPI::MaterialTypeSourceData::Extension))
         {
             // A material document can be created or loaded from material or material type source data. If we are attempting to load
             // material type source data then the material source data object can be created just by referencing the document path as the
             // material type path.
-            auto materialTypeOutcome = MaterialUtils::LoadMaterialTypeSourceData(m_absolutePath);
+            auto materialTypeOutcome = AZ::RPI::MaterialUtils::LoadMaterialTypeSourceData(m_absolutePath);
             if (!materialTypeOutcome.IsSuccess())
             {
                 AZ_Error("MaterialDocument", false, "Material type source data could not be loaded: '%s'.", m_absolutePath.c_str());
-                return false;
+                return OpenFailed();
             }
             m_materialTypeSourceData = materialTypeOutcome.TakeValue();
 
@@ -702,8 +443,8 @@ namespace MaterialEditor
         }
         else
         {
-            AZ_Error("MaterialDocument", false, "Material document extension not supported: '%s'.", m_absolutePath.c_str());
-            return false;
+            AZ_Error("MaterialDocument", false, "Document extension not supported: '%s'.", m_absolutePath.c_str());
+            return OpenFailed();
         }
         
         const bool elevateWarnings = false;
@@ -714,44 +455,44 @@ namespace MaterialEditor
         // we can create the asset dynamically from the source data.
         // Long term, the material document should not be concerned with assets at all. The viewport window should be the
         // only thing concerned with assets or instances.
-        auto materialAssetResult =
-            m_materialSourceData.CreateMaterialAssetFromSourceData(Uuid::CreateRandom(), m_absolutePath, elevateWarnings, &m_sourceDependencies);
+        auto materialAssetResult = m_materialSourceData.CreateMaterialAssetFromSourceData(
+            AZ::Uuid::CreateRandom(), m_absolutePath, elevateWarnings, &m_sourceDependencies);
         if (!materialAssetResult)
         {
             AZ_Error("MaterialDocument", false, "Material asset could not be created from source data: '%s'.", m_absolutePath.c_str());
-            return false;
+            return OpenFailed();
         }
 
         m_materialAsset = materialAssetResult.GetValue();
         if (!m_materialAsset.IsReady())
         {
             AZ_Error("MaterialDocument", false, "Material asset is not ready: '%s'.", m_absolutePath.c_str());
-            return false;
+            return OpenFailed();
         }
 
         const auto& materialTypeAsset = m_materialAsset->GetMaterialTypeAsset();
         if (!materialTypeAsset.IsReady())
         {
             AZ_Error("MaterialDocument", false, "Material type asset is not ready: '%s'.", m_absolutePath.c_str());
-            return false;
+            return OpenFailed();
         }
 
         AZStd::span<const AZ::RPI::MaterialPropertyValue> parentPropertyValues = materialTypeAsset->GetDefaultPropertyValues();
-        AZ::Data::Asset<MaterialAsset> parentMaterialAsset;
+        AZ::Data::Asset<AZ::RPI::MaterialAsset> parentMaterialAsset;
         if (!m_materialSourceData.m_parentMaterial.empty())
         {
             AZ::RPI::MaterialSourceData parentMaterialSourceData;
             if (!AZ::RPI::JsonUtils::LoadObjectFromFile(m_materialSourceData.m_parentMaterial, parentMaterialSourceData))
             {
                 AZ_Error("MaterialDocument", false, "Material parent source data could not be loaded for: '%s'.", m_materialSourceData.m_parentMaterial.c_str());
-                return false;
+                return OpenFailed();
             }
 
-            const auto parentMaterialAssetIdResult = AssetUtils::MakeAssetId(m_materialSourceData.m_parentMaterial, 0);
+            const auto parentMaterialAssetIdResult = AZ::RPI::AssetUtils::MakeAssetId(m_materialSourceData.m_parentMaterial, 0);
             if (!parentMaterialAssetIdResult)
             {
                 AZ_Error("MaterialDocument", false, "Material parent asset ID could not be created: '%s'.", m_materialSourceData.m_parentMaterial.c_str());
-                return false;
+                return OpenFailed();
             }
             
             auto parentMaterialAssetResult = parentMaterialSourceData.CreateMaterialAssetFromSourceData(
@@ -759,7 +500,7 @@ namespace MaterialEditor
             if (!parentMaterialAssetResult)
             {
                 AZ_Error("MaterialDocument", false, "Material parent asset could not be created from source data: '%s'.", m_materialSourceData.m_parentMaterial.c_str());
-                return false;
+                return OpenFailed();
             }
 
             parentMaterialAsset = parentMaterialAssetResult.GetValue();
@@ -767,11 +508,11 @@ namespace MaterialEditor
         }
 
         // Creating a material from a material asset will fail if a texture is referenced but not loaded 
-        m_materialInstance = Material::Create(m_materialAsset);
+        m_materialInstance = AZ::RPI::Material::Create(m_materialAsset);
         if (!m_materialInstance)
         {
             AZ_Error("MaterialDocument", false, "Material instance could not be created: '%s'.", m_absolutePath.c_str());
-            return false;
+            return OpenFailed();
         }
 
         // Pipeline State Object changes are always allowed in the material editor because it only runs on developer systems
@@ -781,7 +522,7 @@ namespace MaterialEditor
         // Populate the property map from a combination of source data and assets
         // Assets must still be used for now because they contain the final accumulated value after all other materials
         // in the hierarchy are applied
-        m_materialTypeSourceData.EnumeratePropertyGroups([this, &parentPropertyValues](const AZStd::string& propertyIdContext, const MaterialTypeSourceData::PropertyGroup* propertyGroup)
+        m_materialTypeSourceData.EnumeratePropertyGroups([this, &parentPropertyValues](const AZStd::string& propertyIdContext, const AZ::RPI::MaterialTypeSourceData::PropertyGroup* propertyGroup)
             {
                 AtomToolsFramework::DynamicPropertyConfig propertyConfig;
 
@@ -813,7 +554,7 @@ namespace MaterialEditor
 
         // Populate the property group visibility map
         // TODO: Support populating the Material Editor with nested property groups, not just the top level.
-        for (const AZStd::unique_ptr<MaterialTypeSourceData::PropertyGroup>& propertyGroup : m_materialTypeSourceData.GetPropertyLayout().m_propertyGroups)
+        for (const AZStd::unique_ptr<AZ::RPI::MaterialTypeSourceData::PropertyGroup>& propertyGroup : m_materialTypeSourceData.GetPropertyLayout().m_propertyGroups)
         {
             m_propertyGroupVisibility[AZ::Name{propertyGroup->GetName()}] = true;
         }
@@ -856,15 +597,15 @@ namespace MaterialEditor
         m_properties[propertyConfig.m_id] = AtomToolsFramework::DynamicProperty(propertyConfig);
 
         //Add UV name customization properties
-        const RPI::MaterialUvNameMap& uvNameMap = materialTypeAsset->GetUvNameMap();
-        for (const RPI::UvNamePair& uvNamePair : uvNameMap)
+        const AZ::RPI::MaterialUvNameMap& uvNameMap = materialTypeAsset->GetUvNameMap();
+        for (const AZ::RPI::UvNamePair& uvNamePair : uvNameMap)
         {
             const AZStd::string shaderInput = uvNamePair.m_shaderInput.ToString();
             const AZStd::string uvName = uvNamePair.m_uvName.GetStringView();
 
             propertyConfig = {};
             propertyConfig.m_dataType = AtomToolsFramework::DynamicPropertyType::String;
-            propertyConfig.m_id = MaterialPropertyId(UvGroupName, shaderInput);
+            propertyConfig.m_id = AZ::RPI::MaterialPropertyId(UvGroupName, shaderInput);
             propertyConfig.m_name = shaderInput;
             propertyConfig.m_displayName = shaderInput;
             propertyConfig.m_groupName = "UV Sets";
@@ -878,15 +619,15 @@ namespace MaterialEditor
         }
 
         // Add material functors that are in the top-level functors list.
-        const MaterialFunctorSourceData::EditorContext editorContext =
-            MaterialFunctorSourceData::EditorContext(m_materialSourceData.m_materialType, m_materialAsset->GetMaterialPropertiesLayout());
-        for (Ptr<MaterialFunctorSourceDataHolder> functorData : m_materialTypeSourceData.m_materialFunctorSourceData)
+        const AZ::RPI::MaterialFunctorSourceData::EditorContext editorContext =
+            AZ::RPI::MaterialFunctorSourceData::EditorContext(m_materialSourceData.m_materialType, m_materialAsset->GetMaterialPropertiesLayout());
+        for (AZ::RPI::Ptr<AZ::RPI::MaterialFunctorSourceDataHolder> functorData : m_materialTypeSourceData.m_materialFunctorSourceData)
         {
-            MaterialFunctorSourceData::FunctorResult result2 = functorData->CreateFunctor(editorContext);
+            AZ::RPI::MaterialFunctorSourceData::FunctorResult result2 = functorData->CreateFunctor(editorContext);
 
             if (result2.IsSuccess())
             {
-                Ptr<MaterialFunctor>& functor = result2.GetValue();
+                AZ::RPI::Ptr<AZ::RPI::MaterialFunctor>& functor = result2.GetValue();
                 if (functor != nullptr)
                 {
                     m_editorFunctors.push_back(functor);
@@ -895,24 +636,24 @@ namespace MaterialEditor
             else
             {
                 AZ_Error("MaterialDocument", false, "Material functors were not created: '%s'.", m_absolutePath.c_str());
-                return false;
+                return OpenFailed();
             }
         }
         
         // Add any material functors that are located inside each property group.
         bool enumerateResult = m_materialTypeSourceData.EnumeratePropertyGroups(
-            [this](const AZStd::string&, const MaterialTypeSourceData::PropertyGroup* propertyGroup)
+            [this](const AZStd::string&, const AZ::RPI::MaterialTypeSourceData::PropertyGroup* propertyGroup)
             {
-                const MaterialFunctorSourceData::EditorContext editorContext = MaterialFunctorSourceData::EditorContext(
+                const AZ::RPI::MaterialFunctorSourceData::EditorContext editorContext = AZ::RPI::MaterialFunctorSourceData::EditorContext(
                     m_materialSourceData.m_materialType, m_materialAsset->GetMaterialPropertiesLayout());
 
-                for (Ptr<MaterialFunctorSourceDataHolder> functorData : propertyGroup->GetFunctors())
+                for (AZ::RPI::Ptr<AZ::RPI::MaterialFunctorSourceDataHolder> functorData : propertyGroup->GetFunctors())
                 {
-                    MaterialFunctorSourceData::FunctorResult result = functorData->CreateFunctor(editorContext);
+                    AZ::RPI::MaterialFunctorSourceData::FunctorResult result = functorData->CreateFunctor(editorContext);
 
                     if (result.IsSuccess())
                     {
-                        Ptr<MaterialFunctor>& functor = result.GetValue();
+                        AZ::RPI::Ptr<AZ::RPI::MaterialFunctor>& functor = result.GetValue();
                         if (functor != nullptr)
                         {
                             m_editorFunctors.push_back(functor);
@@ -930,18 +671,35 @@ namespace MaterialEditor
 
         if (!enumerateResult)
         {
-            return false;
+            return OpenFailed();
         }
 
         AZ::RPI::MaterialPropertyFlags dirtyFlags;
         dirtyFlags.set(); // Mark all properties as dirty since we just loaded the material and need to initialize property visibility
         RunEditorMaterialFunctors(dirtyFlags);
 
-        // Connecting to bus to monitor external changes
-        AzToolsFramework::AssetSystemBus::Handler::BusConnect();
+        return OpenSucceeded();
+    }
 
-        AZ_TracePrintf("MaterialDocument", "Material document opened: '%s'.\n", m_absolutePath.c_str());
-        return true;
+    bool MaterialDocument::ReopenRecordState()
+    {
+        m_propertyValuesBeforeReopen.clear();
+        for (const auto& propertyPair : m_properties)
+        {
+            const AtomToolsFramework::DynamicProperty& property = propertyPair.second;
+            if (!AtomToolsFramework::ArePropertyValuesEqual(property.GetValue(), property.GetConfig().m_parentValue))
+            {
+                m_propertyValuesBeforeReopen[property.GetId()] = property.GetValue();
+            }
+        }
+        return AtomToolsDocument::ReopenRecordState();
+    }
+
+    bool MaterialDocument::ReopenRestoreState()
+    {
+        RestorePropertyValues(m_propertyValuesBeforeReopen);
+        m_propertyValuesBeforeReopen.clear();
+        return AtomToolsDocument::ReopenRestoreState();
     }
 
     void MaterialDocument::Recompile()
@@ -955,23 +713,18 @@ namespace MaterialEditor
 
     void MaterialDocument::Clear()
     {
+        AtomToolsFramework::AtomToolsDocument::Clear();
+
         AZ::TickBus::Handler::BusDisconnect();
-        AzToolsFramework::AssetSystemBus::Handler::BusDisconnect();
 
         m_materialAsset = {};
         m_materialInstance = {};
-        m_absolutePath.clear();
-        m_relativePath.clear();
-        m_sourceDependencies.clear();
-        m_saveTriggeredInternally = {};
         m_compilePending = {};
         m_properties.clear();
         m_editorFunctors.clear();
         m_materialTypeSourceData = AZ::RPI::MaterialTypeSourceData();
         m_materialSourceData = AZ::RPI::MaterialSourceData();
         m_propertyValuesBeforeEdit.clear();
-        m_undoHistory.clear();
-        m_undoHistoryIndex = {};
     }
 
     void MaterialDocument::RestorePropertyValues(const PropertyValueMap& propertyValues)
@@ -1040,5 +793,4 @@ namespace MaterialEditor
 
         return result;
     }
-
 } // namespace MaterialEditor
diff --git a/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.h b/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.h
index c975824e22..b03d0943fa 100644
--- a/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.h
+++ b/Gems/Atom/Tools/MaterialEditor/Code/Source/Document/MaterialDocument.h
@@ -10,7 +10,6 @@
 #include <AzCore/Asset/AssetCommon.h>
 #include <AzCore/Component/TickBus.h>
 #include <AzCore/RTTI/RTTI.h>
-#include <AzToolsFramework/API/EditorAssetSystemAPI.h>
 
 #include <Atom/RPI.Edit/Material/MaterialSourceData.h>
 #include <Atom/RPI.Edit/Material/MaterialTypeSourceData.h>
@@ -28,7 +27,6 @@ namespace MaterialEditor
         : public AtomToolsFramework::AtomToolsDocument
         , public MaterialDocumentRequestBus::Handler
         , private AZ::TickBus::Handler
-        , private AzToolsFramework::AssetSystemBus::Handler
     {
     public:
         AZ_RTTI(MaterialDocument, "{DBA269AE-892B-415C-8FA1-166B94B0E045}");
@@ -38,37 +36,26 @@ namespace MaterialEditor
         MaterialDocument();
         virtual ~MaterialDocument();
 
-        ////////////////////////////////////////////////////////////////////////
-        // AtomToolsFramework::AtomToolsDocument
-        ////////////////////////////////////////////////////////////////////////
+        // AtomToolsFramework::AtomToolsDocument overrides...
         const AZStd::any& GetPropertyValue(const AZ::Name& propertyId) const override;
         const AtomToolsFramework::DynamicProperty& GetProperty(const AZ::Name& propertyId) const override;
         bool IsPropertyGroupVisible(const AZ::Name& propertyGroupFullName) const override;
         void SetPropertyValue(const AZ::Name& propertyId, const AZStd::any& value) override;
         bool Open(AZStd::string_view loadPath) override;
-        bool Reopen() override;
         bool Save() override;
         bool SaveAsCopy(AZStd::string_view savePath) override;
         bool SaveAsChild(AZStd::string_view savePath) override;
-        bool Close() override;
         bool IsOpen() const override;
         bool IsModified() const override;
         bool IsSavable() const override;
-        bool CanUndo() const override;
-        bool CanRedo() const override;
-        bool Undo() override;
-        bool Redo() override;
         bool BeginEdit() override;
         bool EndEdit() override;
-        ////////////////////////////////////////////////////////////////////////
 
-        ////////////////////////////////////////////////////////////////////////
-        // MaterialDocumentRequestBus::Handler implementation
+        // MaterialDocumentRequestBus::Handler overrides...
         AZ::Data::Asset<AZ::RPI::MaterialAsset> GetAsset() const override;
         AZ::Data::Instance<AZ::RPI::Material> GetInstance() const override;
         const AZ::RPI::MaterialSourceData* GetMaterialSourceData() const override;
         const AZ::RPI::MaterialTypeSourceData* GetMaterialTypeSourceData() const override;
-        ////////////////////////////////////////////////////////////////////////
 
     private:
 
@@ -84,34 +71,19 @@ namespace MaterialEditor
         // Map of document's property group visibility flags
         using PropertyGroupVisibilityMap = AZStd::unordered_map<AZ::Name, bool>;
 
-        // Function to be bound for undo and redo
-        using UndoRedoFunction = AZStd::function<void()>;
-
-        // A pair of functions, where first is the undo operation and second is the redo operation
-        using UndoRedoFunctionPair = AZStd::pair<UndoRedoFunction, UndoRedoFunction>;
-
-        // Container for all of the active undo and redo functions and state
-        using UndoRedoHistory = AZStd::vector<UndoRedoFunctionPair>;
-
-        ////////////////////////////////////////////////////////////////////////
-        // AZ::TickBus interface implementation
+        // AZ::TickBus overrides...
         void OnTick(float deltaTime, AZ::ScriptTimePoint time) override;
-        ////////////////////////////////////////////////////////////////////////
 
-        //////////////////////////////////////////////////////////////////////////
-        // AzToolsFramework::AssetSystemBus::Handler overrides...
-        void SourceFileChanged(AZStd::string relativePath, AZStd::string scanFolder, AZ::Uuid sourceUUID) override;
-        //////////////////////////////////////////////////////////////////////////
+        bool SaveSourceData(AZ::RPI::MaterialSourceData& sourceData, PropertyFilterFunction propertyFilter) const;
 
-        bool SavePropertiesToSourceData(
-            const AZStd::string& exportPath, AZ::RPI::MaterialSourceData& sourceData, PropertyFilterFunction propertyFilter) const;
+        // AtomToolsFramework::AtomToolsDocument overrides...
+        void Clear() override;
 
-        bool OpenInternal(AZStd::string_view loadPath);
+        bool ReopenRecordState() override;
+        bool ReopenRestoreState() override;
 
         void Recompile();
 
-        void Clear();
-
         void RestorePropertyValues(const PropertyValueMap& propertyValues);
 
         struct EditorMaterialFunctorResult
@@ -131,12 +103,6 @@ namespace MaterialEditor
         // Material instance being edited
         AZ::Data::Instance<AZ::RPI::Material> m_materialInstance;
 
-        // Set of assets that can trigger a document reload
-        AZStd::unordered_set<AZStd::string> m_sourceDependencies;
-
-        // Track if document saved itself last to skip external modification notification
-        bool m_saveTriggeredInternally = false;
-
         // If material instance value(s) were modified, do we need to recompile on next tick?
         bool m_compilePending = false;
 
@@ -155,19 +121,10 @@ namespace MaterialEditor
         // Source data for material
         AZ::RPI::MaterialSourceData m_materialSourceData;
 
-        // Variables needed for tracking the undo and redo state of this document
-
         // State of property values prior to an edit, used for restoration during undo
         PropertyValueMap m_propertyValuesBeforeEdit;
 
-        // Container of undo commands
-        UndoRedoHistory m_undoHistory;
-
-        // The current position in the undo redo history
-        int m_undoHistoryIndex = 0;
-
-        AZStd::any m_invalidValue;
-        
-        AtomToolsFramework::DynamicProperty m_invalidProperty;
+        // State of property values prior to reopen
+        PropertyValueMap m_propertyValuesBeforeReopen;
     };
 } // namespace MaterialEditor
diff --git a/Gems/Atom/Tools/MaterialEditor/Code/Source/Viewport/MaterialViewportComponent.cpp b/Gems/Atom/Tools/MaterialEditor/Code/Source/Viewport/MaterialViewportComponent.cpp
index b2f1cdc9c1..f25d83556d 100644
--- a/Gems/Atom/Tools/MaterialEditor/Code/Source/Viewport/MaterialViewportComponent.cpp
+++ b/Gems/Atom/Tools/MaterialEditor/Code/Source/Viewport/MaterialViewportComponent.cpp
@@ -170,11 +170,14 @@ namespace MaterialEditor
             {
                 m_lightingPresetAssets[info.m_assetId] = { info.m_assetId, info.m_assetType };
                 AZ::Data::AssetBus::MultiHandler::BusConnect(info.m_assetId);
+                return;
             }
-            else if (AZ::StringFunc::EndsWith(info.m_relativePath.c_str(), ".modelpreset.azasset"))
+
+            if (AZ::StringFunc::EndsWith(info.m_relativePath.c_str(), ".modelpreset.azasset"))
             {
                 m_modelPresetAssets[info.m_assetId] = { info.m_assetId, info.m_assetType };
                 AZ::Data::AssetBus::MultiHandler::BusConnect(info.m_assetId);
+                return;
             }
         };
 
@@ -436,24 +439,20 @@ namespace MaterialEditor
         auto ReloadLightingAndModelPresets = [this, &assetId](AZ::Data::AssetCatalogRequests* assetCatalogRequests)
         {
             AZ::Data::AssetInfo assetInfo = assetCatalogRequests->GetAssetInfoById(assetId);
-            AZ::Data::Asset<AZ::RPI::AnyAsset>* modifiedPresetAsset{};
             if (AZ::StringFunc::EndsWith(assetInfo.m_relativePath.c_str(), ".lightingpreset.azasset"))
             {
                 m_lightingPresetAssets[assetInfo.m_assetId] = { assetInfo.m_assetId, assetInfo.m_assetType };
+                m_lightingPresetAssets[assetInfo.m_assetId].QueueLoad();
                 AZ::Data::AssetBus::MultiHandler::BusConnect(assetInfo.m_assetId);
-                modifiedPresetAsset = &m_lightingPresetAssets[assetInfo.m_assetId];
+                return;
             }
-            else if (AzFramework::StringFunc::EndsWith(assetInfo.m_relativePath.c_str(), ".modelpreset.azasset"))
+
+            if (AzFramework::StringFunc::EndsWith(assetInfo.m_relativePath.c_str(), ".modelpreset.azasset"))
             {
                 m_modelPresetAssets[assetInfo.m_assetId] = { assetInfo.m_assetId, assetInfo.m_assetType };
+                m_modelPresetAssets[assetInfo.m_assetId].QueueLoad();
                 AZ::Data::AssetBus::MultiHandler::BusConnect(assetInfo.m_assetId);
-                modifiedPresetAsset = &m_modelPresetAssets[assetInfo.m_assetId];
-            }
-
-            // Queue a load on the changed asset
-            if (modifiedPresetAsset != nullptr)
-            {
-                modifiedPresetAsset->QueueLoad();
+                return;
             }
         };
         AZ::Data::AssetCatalogRequestBus::Broadcast(AZStd::move(ReloadLightingAndModelPresets));
@@ -470,11 +469,14 @@ namespace MaterialEditor
         {
             AZ::Data::AssetBus::MultiHandler::BusDisconnect(assetInfo.m_assetId);
             m_lightingPresetAssets.erase(assetId);
+            return;
         }
+
         if (AZ::StringFunc::EndsWith(assetInfo.m_relativePath.c_str(), ".modelpreset.azasset"))
         {
             AZ::Data::AssetBus::MultiHandler::BusDisconnect(assetInfo.m_assetId);
             m_modelPresetAssets.erase(assetId);
+            return;
         }
     }
 }
diff --git a/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/MaterialInspector/MaterialInspector.h b/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/MaterialInspector/MaterialInspector.h
index a4cd2b7616..690e8add86 100644
--- a/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/MaterialInspector/MaterialInspector.h
+++ b/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/MaterialInspector/MaterialInspector.h
@@ -19,8 +19,7 @@
 
 namespace MaterialEditor
 {
-    //! Provides controls for viewing and editing a material document settings.
-    //! The settings can be divided into cards, with each one showing a subset of properties.
+    //! Provides controls for viewing and editing document settings.
     class MaterialInspector
         : public AtomToolsFramework::InspectorWidget
         , public AtomToolsFramework::AtomToolsDocumentNotificationBus::Handler
diff --git a/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/ViewportSettingsInspector/ViewportSettingsInspector.h b/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/ViewportSettingsInspector/ViewportSettingsInspector.h
index 464a55aa7f..ad4629550f 100644
--- a/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/ViewportSettingsInspector/ViewportSettingsInspector.h
+++ b/Gems/Atom/Tools/MaterialEditor/Code/Source/Window/ViewportSettingsInspector/ViewportSettingsInspector.h
@@ -21,8 +21,7 @@
 
 namespace MaterialEditor
 {
-    //! Provides controls for viewing and editing a material document settings.
-    //! The settings can be divided into cards, with each one showing a subset of properties.
+    //! Provides controls for viewing and editing lighting and model preset settings.
     class ViewportSettingsInspector
         : public AtomToolsFramework::InspectorWidget
         , private AzToolsFramework::IPropertyEditorNotify
diff --git a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.cpp b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.cpp
index 2b7767635e..99a3aea347 100644
--- a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.cpp
+++ b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.cpp
@@ -10,8 +10,6 @@
 #include <Atom/RPI.Reflect/Asset/AssetUtils.h>
 #include <AtomToolsFramework/Document/AtomToolsDocumentNotificationBus.h>
 #include <AzFramework/StringFunc/StringFunc.h>
-#include <AzToolsFramework/API/EditorAssetSystemAPI.h>
-#include <AzToolsFramework/SourceControl/SourceControlAPI.h>
 #include <Document/ShaderManagementConsoleDocument.h>
 
 namespace ShaderManagementConsole
@@ -20,28 +18,32 @@ namespace ShaderManagementConsole
         : AtomToolsFramework::AtomToolsDocument()
     {
         ShaderManagementConsoleDocumentRequestBus::Handler::BusConnect(m_id);
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentCreated, m_id);
     }
 
     ShaderManagementConsoleDocument::~ShaderManagementConsoleDocument()
     {
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentDestroyed, m_id);
         ShaderManagementConsoleDocumentRequestBus::Handler::BusDisconnect();
-        Clear();
     }
 
-    size_t ShaderManagementConsoleDocument::GetShaderOptionCount() const
+    void ShaderManagementConsoleDocument::SetShaderVariantListSourceData(const AZ::RPI::ShaderVariantListSourceData& sourceData)
     {
-        auto layout = m_shaderAsset->GetShaderOptionGroupLayout();
-        auto& shaderOptionDescriptors = layout->GetShaderOptions();
-        return shaderOptionDescriptors.size();
+        m_shaderVariantListSourceData = sourceData;
+        AZStd::string shaderPath = m_shaderVariantListSourceData.m_shaderFilePath;
+        AzFramework::StringFunc::Path::ReplaceExtension(shaderPath, AZ::RPI::ShaderAsset::Extension);
+
+        m_shaderAsset = AZ::RPI::AssetUtils::LoadAssetByProductPath<AZ::RPI::ShaderAsset>(shaderPath.c_str());
+        if (!m_shaderAsset)
+        {
+            AZ_Error("ShaderManagementConsoleDocument", false, "Could not load shader asset: %s.", shaderPath.c_str());
+        }
+
+        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(
+            &AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentModified, m_id);
     }
 
-    const AZ::RPI::ShaderOptionDescriptor& ShaderManagementConsoleDocument::GetShaderOptionDescriptor(size_t index) const
+    const AZ::RPI::ShaderVariantListSourceData& ShaderManagementConsoleDocument::GetShaderVariantListSourceData() const
     {
-        auto layout = m_shaderAsset->GetShaderOptionGroupLayout();
-        auto& shaderOptionDescriptors = layout->GetShaderOptions();
-        return shaderOptionDescriptors[index];
+        return m_shaderVariantListSourceData;
     }
 
     size_t ShaderManagementConsoleDocument::GetShaderVariantCount() const
@@ -54,92 +56,121 @@ namespace ShaderManagementConsole
         return m_shaderVariantListSourceData.m_shaderVariants[index];
     }
 
-    bool ShaderManagementConsoleDocument::Open(AZStd::string_view loadPath)
+    size_t ShaderManagementConsoleDocument::GetShaderOptionCount() const
     {
-        Clear();
+        if (IsOpen())
+        {
+            const auto& layout = m_shaderAsset->GetShaderOptionGroupLayout();
+            const auto& shaderOptionDescriptors = layout->GetShaderOptions();
+            return shaderOptionDescriptors.size();
+        }
+        return 0;
+    }
 
-        m_absolutePath = loadPath;
-        if (!AzFramework::StringFunc::Path::Normalize(m_absolutePath))
+    const AZ::RPI::ShaderOptionDescriptor& ShaderManagementConsoleDocument::GetShaderOptionDescriptor(size_t index) const
+    {
+        if (IsOpen())
         {
-            AZ_Error("ShaderManagementConsoleDocument", false, "Document path could not be normalized: '%s'.", m_absolutePath.c_str());
-            return false;
+            const auto& layout = m_shaderAsset->GetShaderOptionGroupLayout();
+            const auto& shaderOptionDescriptors = layout->GetShaderOptions();
+            return shaderOptionDescriptors.at(index);
         }
+        return m_invalidDescriptor;
+    }
 
-        if (AzFramework::StringFunc::Path::IsRelative(m_absolutePath.c_str()))
+    bool ShaderManagementConsoleDocument::Open(AZStd::string_view loadPath)
+    {
+        if (!AtomToolsDocument::Open(loadPath))
         {
-            AZ_Error("ShaderManagementConsoleDocument", false, "Document path must be absolute: '%s'.", m_absolutePath.c_str());
             return false;
         }
 
-        if (AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), AZ::RPI::ShaderVariantListSourceData::Extension))
+        if (!AzFramework::StringFunc::Path::IsExtension(m_absolutePath.c_str(), AZ::RPI::ShaderVariantListSourceData::Extension))
         {
-            // Load the shader config data and create a shader config asset from it
-            if (!AZ::RPI::JsonUtils::LoadObjectFromFile(m_absolutePath, m_shaderVariantListSourceData))
-            {
-                AZ_Error("ShaderManagementConsoleDocument", false, "Failed loading shader variant list data: '%s.'", m_absolutePath.c_str());
-                return false;
-            }
+            AZ_Error("ShaderManagementConsoleDocument", false, "Document extension is not supported: '%s.'", m_absolutePath.c_str());
+            return OpenFailed();
         }
 
-        bool result = false;
-        AZ::Data::AssetInfo sourceAssetInfo;
-        AZStd::string watchFolder;
-        AzToolsFramework::AssetSystemRequestBus::BroadcastResult(
-            result, &AzToolsFramework::AssetSystem::AssetSystemRequest::GetSourceInfoBySourcePath, m_absolutePath.c_str(), sourceAssetInfo,
-            watchFolder);
-        if (!result)
+        // Load the shader config data and create a shader config asset from it
+        AZ::RPI::ShaderVariantListSourceData sourceData;
+        if (!AZ::RPI::JsonUtils::LoadObjectFromFile(m_absolutePath, sourceData))
         {
-            AZ_Error("ShaderManagementConsoleDocument", false, "Could not find source data: '%s'.", m_absolutePath.c_str());
-            return false;
+            AZ_Error("ShaderManagementConsoleDocument", false, "Failed loading shader variant list data: '%s.'", m_absolutePath.c_str());
+            return OpenFailed();
         }
 
-        m_relativePath = m_shaderVariantListSourceData.m_shaderFilePath;
-        if (!AzFramework::StringFunc::Path::Normalize(m_relativePath))
+        SetShaderVariantListSourceData(sourceData);
+        return IsOpen() ? OpenSucceeded() : OpenFailed();
+    }
+
+    bool ShaderManagementConsoleDocument::Save()
+    {
+        if (!AtomToolsDocument::Save())
         {
-            AZ_Error("ShaderManagementConsoleDocument", false, "Shader path could not be normalized: '%s'.", m_relativePath.c_str());
+            // SaveFailed has already been called so just forward the result without additional notifications.
+            // TODO Replace bool return value with enum for open and save states.
             return false;
         }
 
-        AZStd::string shaderPath = m_relativePath;
-        AzFramework::StringFunc::Path::ReplaceExtension(shaderPath, AZ::RPI::ShaderAsset::Extension);
+        return SaveSourceData();
+    }
 
-        m_shaderAsset = AZ::RPI::AssetUtils::LoadAssetByProductPath<AZ::RPI::ShaderAsset>(shaderPath.c_str());
-        if (!m_shaderAsset)
+    bool ShaderManagementConsoleDocument::SaveAsCopy(AZStd::string_view savePath)
+    {
+        if (!AtomToolsDocument::SaveAsCopy(savePath))
         {
-            AZ_Error("ShaderManagementConsoleDocument", false, "Could not load shader asset: %s.", shaderPath.c_str());
+            // SaveFailed has already been called so just forward the result without additional notifications.
+            // TODO Replace bool return value with enum for open and save states.
             return false;
         }
 
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentOpened, m_id);
-
-        AZ_TracePrintf("ShaderManagementConsoleDocument", "Document opened: '%s'\n", m_absolutePath.c_str());
-        return true;
+        return SaveSourceData();
     }
 
-    bool ShaderManagementConsoleDocument::Close()
+    bool ShaderManagementConsoleDocument::SaveAsChild(AZStd::string_view savePath)
     {
-        if (!IsOpen())
+        if (!AtomToolsDocument::SaveAsChild(savePath))
         {
-            AZ_Error("ShaderManagementConsoleDocument", false, "Document is not open");
+            // SaveFailed has already been called so just forward the result without additional notifications.
+            // TODO Replace bool return value with enum for open and save states.
             return false;
         }
 
-        Clear();
-        AtomToolsFramework::AtomToolsDocumentNotificationBus::Broadcast(&AtomToolsFramework::AtomToolsDocumentNotificationBus::Events::OnDocumentClosed, m_id);
-        AZ_TracePrintf("ShaderManagementConsoleDocument", "Document closed\n");
-        return true;
+        return SaveSourceData();
     }
 
     bool ShaderManagementConsoleDocument::IsOpen() const
     {
-        return !m_absolutePath.empty() && !m_relativePath.empty();
+        return AtomToolsDocument::IsOpen() && m_shaderAsset.IsReady();
+    }
+
+    bool ShaderManagementConsoleDocument::IsModified() const
+    {
+        return false;
+    }
+
+    bool ShaderManagementConsoleDocument::IsSavable() const
+    {
+        return true;
     }
 
     void ShaderManagementConsoleDocument::Clear()
     {
-        m_absolutePath.clear();
-        m_relativePath.clear();
+        AtomToolsFramework::AtomToolsDocument::Clear();
+
         m_shaderVariantListSourceData = {};
         m_shaderAsset = {};
     }
+
+    bool ShaderManagementConsoleDocument::SaveSourceData()
+    {
+        if (!AZ::RPI::JsonUtils::SaveObjectToFile(m_savePathNormalized, m_shaderVariantListSourceData))
+        {
+            AZ_Error("ShaderManagementConsoleDocument", false, "Document could not be saved: '%s'.", m_savePathNormalized.c_str());
+            return SaveFailed();
+        }
+
+        m_absolutePath = m_savePathNormalized;
+        return SaveSucceeded();
+    }
 } // namespace ShaderManagementConsole
diff --git a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.h b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.h
index bd51616f7a..4ad951e463 100644
--- a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.h
+++ b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocument.h
@@ -29,40 +29,37 @@ namespace ShaderManagementConsole
         AZ_DISABLE_COPY(ShaderManagementConsoleDocument);
 
         ShaderManagementConsoleDocument();
-        virtual ~ShaderManagementConsoleDocument();
+        ~ShaderManagementConsoleDocument();
 
-        ////////////////////////////////////////////////////////////////////////
-        // AtomToolsFramework::AtomToolsDocument
-        ////////////////////////////////////////////////////////////////////////
+        // AtomToolsFramework::AtomToolsDocument overrides...
         bool Open(AZStd::string_view loadPath) override;
-        bool Close() override;
+        bool Save() override;
+        bool SaveAsCopy(AZStd::string_view savePath) override;
+        bool SaveAsChild(AZStd::string_view savePath) override;
         bool IsOpen() const override;
-        ////////////////////////////////////////////////////////////////////////
+        bool IsModified() const override;
+        bool IsSavable() const override;
 
-        ////////////////////////////////////////////////////////////////////////
-        // ShaderManagementConsoleDocumentRequestBus::Handler implementation
-        size_t GetShaderOptionCount() const override;
-        const AZ::RPI::ShaderOptionDescriptor& GetShaderOptionDescriptor(size_t index) const override;
+        // ShaderManagementConsoleDocumentRequestBus::Handler overridfes...
+        void SetShaderVariantListSourceData(const AZ::RPI::ShaderVariantListSourceData& sourceData) override;
+        const AZ::RPI::ShaderVariantListSourceData& GetShaderVariantListSourceData() const override;
         size_t GetShaderVariantCount() const override;
         const AZ::RPI::ShaderVariantListSourceData::VariantInfo& GetShaderVariantInfo(size_t index) const override;
-        ////////////////////////////////////////////////////////////////////////
+        size_t GetShaderOptionCount() const override;
+        const AZ::RPI::ShaderOptionDescriptor& GetShaderOptionDescriptor(size_t index) const override;
 
     private:
-        // Function to be bound for undo and redo
-        using UndoRedoFunction = AZStd::function<void()>;
+        // AtomToolsFramework::AtomToolsDocument overrides...
+        void Clear() override;
 
-        // A pair of functions, where first is the undo operation and second is the redo operation
-        using UndoRedoFunctionPair = AZStd::pair<UndoRedoFunction, UndoRedoFunction>;
-
-        // Container for all of the active undo and redo functions and state
-        using UndoRedoHistory = AZStd::vector<UndoRedoFunctionPair>;
-
-        void Clear();
+        bool SaveSourceData();
 
         // Source data for shader variant list
         AZ::RPI::ShaderVariantListSourceData m_shaderVariantListSourceData;
 
         // Shader asset for the corresponding shader variant list
         AZ::Data::Asset<AZ::RPI::ShaderAsset> m_shaderAsset;
+
+        AZ::RPI::ShaderOptionDescriptor m_invalidDescriptor;
     };
 } // namespace ShaderManagementConsole
diff --git a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocumentRequestBus.h b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocumentRequestBus.h
index d0e6aea5b9..e58ee34ed1 100644
--- a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocumentRequestBus.h
+++ b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Document/ShaderManagementConsoleDocumentRequestBus.h
@@ -23,17 +23,23 @@ namespace ShaderManagementConsole
         static const AZ::EBusAddressPolicy AddressPolicy = AZ::EBusAddressPolicy::ById;
         typedef AZ::Uuid BusIdType;
 
-        //! Get the number of options
-        virtual size_t GetShaderOptionCount() const = 0;
+        //! Set the shader variant list
+        virtual void SetShaderVariantListSourceData(const AZ::RPI::ShaderVariantListSourceData& sourceData) = 0;
 
-        //! Get the descriptor for the shader option at the specified index
-        virtual const AZ::RPI::ShaderOptionDescriptor& GetShaderOptionDescriptor(size_t index) const = 0;
+        //! Get the shader variant list
+        virtual const AZ::RPI::ShaderVariantListSourceData& GetShaderVariantListSourceData() const = 0;
 
         //! Get the number of shader variants
         virtual size_t GetShaderVariantCount() const = 0;
 
         //! Get the information for the shader variant at the specified index
         virtual const AZ::RPI::ShaderVariantListSourceData::VariantInfo& GetShaderVariantInfo(size_t index) const = 0;
+
+        //! Get the number of options
+        virtual size_t GetShaderOptionCount() const = 0;
+
+        //! Get the descriptor for the shader option at the specified index
+        virtual const AZ::RPI::ShaderOptionDescriptor& GetShaderOptionDescriptor(size_t index) const = 0;
     };
 
     using ShaderManagementConsoleDocumentRequestBus = AZ::EBus<ShaderManagementConsoleDocumentRequests>;
diff --git a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/ShaderManagementConsoleApplication.cpp b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/ShaderManagementConsoleApplication.cpp
index ba8038319b..aa0c378ff0 100644
--- a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/ShaderManagementConsoleApplication.cpp
+++ b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/ShaderManagementConsoleApplication.cpp
@@ -84,6 +84,8 @@ namespace ShaderManagementConsole
                 ->Attribute(AZ::Script::Attributes::Scope, AZ::Script::Attributes::ScopeFlags::Common)
                 ->Attribute(AZ::Script::Attributes::Category, "Editor")
                 ->Attribute(AZ::Script::Attributes::Module, "shadermanagementconsole")
+                ->Event("SetShaderVariantListSourceData", &ShaderManagementConsoleDocumentRequestBus::Events::SetShaderVariantListSourceData)
+                ->Event("GetShaderVariantListSourceData", &ShaderManagementConsoleDocumentRequestBus::Events::GetShaderVariantListSourceData)
                 ->Event("GetShaderOptionCount", &ShaderManagementConsoleDocumentRequestBus::Events::GetShaderOptionCount)
                 ->Event("GetShaderOptionDescriptor", &ShaderManagementConsoleDocumentRequestBus::Events::GetShaderOptionDescriptor)
                 ->Event("GetShaderVariantCount", &ShaderManagementConsoleDocumentRequestBus::Events::GetShaderVariantCount)
diff --git a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Window/ShaderManagementConsoleWindow.cpp b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Window/ShaderManagementConsoleWindow.cpp
index f4672d670e..04a8a71191 100644
--- a/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Window/ShaderManagementConsoleWindow.cpp
+++ b/Gems/Atom/Tools/ShaderManagementConsole/Code/Source/Window/ShaderManagementConsoleWindow.cpp
@@ -61,8 +61,6 @@ namespace ShaderManagementConsole
         m_actionNew->setEnabled(false);
         m_actionSaveAsChild->setVisible(false);
         m_actionSaveAsChild->setEnabled(false);
-        m_actionSaveAll->setVisible(false);
-        m_actionSaveAll->setEnabled(false);
 
         OnDocumentOpened(AZ::Uuid::CreateNull());
     }