Inventory related old Transactions archiving/Purging project -Prerequisite Checks

We are working on a project to archive/purge old transactional data (more than 3 years from system date). For Inventory-specific data, are there any prerequisite checks we need to perform on the related tables before initiating the archive/purge process?

If anyone has worked on a similar project, could you please share your experience on:

• Key prerequisite activities or validations needed for Inventory data
• Any dependencies or impacts on other modules (e.g., Costing, GL etc.)
• Best practices or lessons learned before starting the purge

Any inputs or references will be very helpful.

Thanks in advance!