The invention discloses an ERP commodity management system and method. The system comprises a commodity category module, a material category module, a BOM module, a commodity new arrival module, an order management module, a production and manufacturing planning module, a purchasing module, a warehouse material management module, a production line module and a warehouse finished product managementmodule. Data of the modules interact mutually, functions are triggered mutually, data processing is more timely, and in addition, human factors can be reduced, computerized management of commoditiesin a series of processes such as design, material purchasing, selling, manufacturing, warehouse-in, ex-warehouse and logistics is achieved, enterprise management integration is facilitated, the collaboration of departments of an enterprise is enhanced, and the working efficiency and the accuracy of the departments are improved.