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Inventory management is an unsung but essential aspect of the hotel industry's back-end operations. Inventory management is a crucial component of hotel management systems since it allows for the automated tracking of both room and food and beverage usage. When it comes to paper goods, the hotel takes stock on a regular basis. Careful inventory management is required to ensure that neither too little nor too much stock is retained, much like the balancing act required when deciding the credit length to be granted to consumers. Maintaining a steady equilibrium is essential in inventory management, as it is in every aspect of administration. Because of the complexity and personal character of the service business, it is essential that students majoring in hotel management grasp fundamental management concepts. This book is designed for aspiring hotel managers who require a grounding in management principles and practices.