3 - 1: Modifying an Inventory Item In this exercise, you are the Inventory Manager and will be modifying an existing Item. NetSuite defines Items as both the physical products (merchandise inventory) and the services that you sell to your customers. Items can also include things that you regularly buy to use in your business such supplies, equipment and services. Items can also be configured to include collections of individual items, for example kits and assemblies. For this project, we will only use Inventory Items, physical products that a company stocks and sells. Our example: a mountain bike