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In this tutorial, Ricci from Tama Sessions discusses the importance of inventory management in bartending. Inventory refers to the stock on hand, including bottles, tools, glassware, and groceries. Although often viewed as a tedious task by bartenders, Ricci highlights its significance. Proper inventory helps track lost, broken, or transferred items, allowing bartenders to monitor consumption levels, identify departments that frequently borrow items, and manage breakages effectively. Through this process, bartenders can maintain better control and care over their supplies, ultimately improving bar operations.