Enterprise Resource Planning (ERP) Inventory Management is a comprehensive approach to managing inventory in an enterprise. It involves tracking stock levels across all business departments, monitoring the flow of goods and services between suppliers, warehouses, retailers and other stakeholders, and consolidating information into a unified system. ERP Inventory Management ensures efficient management of inventory levels, helping organizations keep their operations running smoothly while optimizing costs. It also helps businesses detect opportunities to improve processes and cut down on overstocks or unnecessary purchases. When implemented correctly, ERP Inventory Management can help organizations better align their operations with their long-term goals.