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In this tutorial, Ricci of Tama Sessions discusses the significance of inventory in bartending. He explains that inventory refers to the stock on hand, including bottles, tools, glassware, and groceries. Although often viewed with disdain by bartenders due to the burden of counting items, Ricci emphasizes its importance. He notes that effective inventory management allows for monitoring the status of stocks, including consumption patterns, departmental transfers in larger establishments, and identifying breakages. This awareness helps bartenders manage resources more efficiently and avoid potential losses.