Operational inventory is the monetary value of goods and materials that are held in stock by an organization, available to be produced or sold on demand. It is used to meet current day-to-day production or sales needs and can include raw materials, finished goods, or partially finished products. In a nutshell, operational inventory is the lifeblood of a business – it’s what enables them to maintain their operations and keep up with demand. Without proper management of operational inventory, a business may find itself unable to meet customer needs and ultimately suffer losses in revenue. As such, successful businesses must find ways to monitor and manage their operational inventory effectively.