This book provides readers the tools and the functions needed to manage and ensure profitable inventory. All business levels will benefit through understanding how the interactions affect the business and the part their roles play in the bigger picture. Students will gain valuable insight into how their chosen careers are affected through interaction with inventory.Inventory is more than just some things sitting on a supermarket shelf, it can be anything from the air, to water, earth, trees, cars, boats, houses, ships, dogs, cats, or even rats. Reading this book will most certainly change the way you think about inventory.For starters, Inventory and Other Grocery Items, will make you realise that there is no difference between an apple and a bulk fuel tanker when talking inventory. All inventory items have similarities that will allow you to manage them easily by applying the gems of wisdom contained within the pages of this book. And you will find out how, just by focusing on the individual physical characteristics and unique properties that define all inventory items.Just like me you will find that “ah ha” moment as you progress through the pages. That same “ah ha” moment that drove me to write this book and share the insight of years and years of inventory efficiency and management. It was at that point that a revelation hit me, that my grandmother used to apply the same principles as part of her domestic duties. “Back in the day”, there was no TQM, no Lean, no Six Sigma, just good old-fashioned life experience and common sense coupled with her discipline and structure.I am sure that my grandmother would have scoffed at the notion of ‘5S’ and other methodologies to undertake practical tasks. I can hear her now still offering worldly advise…“Why is there the need to teach people simple housekeeping? What are their parents teaching them?”Being able to accurately forecast inventory and deliver to the customer when required, is what it is all about. The savings to cashflow and profitability has been well documented over the years for businesses that run by these guiding principles. You too will draw on my Grandmother’s simple paradigms of what once was and relate it to what currently is, providing old world insights into modern world applications. You’ll too will be able to correctly manage an old age problem, the MIN MAX calculation without a reliance on safety stock.We also did deeper and investigate the next generation systems, discussing how, by the introduction of a simple hardware item, will revolutionise your Supply Chain. How AI (artificial intelligence) and the incorporation of system responsive process actions, and how combining the two will change the face of not only inventory management, it will change the supply chain processes forever.This book is suitable for all roles and functions that work with inventory. It is a must for students targeting a career in Supply Chain, Engineering, and Business Administration.