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In this tutorial, Ricci from Tama Sessions discusses the importance of inventory in bartending. Inventory refers to the stock on hand, including bottles, tools, glassware, and miscellaneous items. While many bartenders find inventory cumbersome, it is crucial for monitoring stock levels. Proper inventory management allows bartenders to track lost or broken items and transfers between departments, especially in larger establishments like hotels. This practice helps assess consumption patterns, identify frequently borrowed items, and manage breakages effectively. Understanding inventory is key to ensuring smooth operations in a bar setting.