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In this tutorial, Ricci from Tama Sessions discusses the significance of inventory in bartending. Inventory refers to the stocks on hand, including bottles, tools, and other items. Although many bartenders find inventory burdensome, it is crucial for monitoring stock status. Effective inventory management helps track consumption, identify which departments frequently borrow items, and manage breakages. Understanding these factors allows bartenders to ensure efficient operations and minimize losses. The session emphasizes that while inventory may initially seem tedious, it plays a vital role in maintaining a well-functioning bar.