diff --git a/database/migrations/2025_03_25_032647_create_inventory_table.php b/database/migrations/2025_03_25_032647_create_inventory_table.php
new file mode 100644
index 0000000..2f9b556
--- /dev/null
+++ b/database/migrations/2025_03_25_032647_create_inventory_table.php
@@ -0,0 +1,29 @@
+<?php
+
+use Illuminate\Database\Migrations\Migration;
+use Illuminate\Database\Schema\Blueprint;
+use Illuminate\Support\Facades\Schema;
+
+return new class extends Migration {
+    /**
+     * Run the migrations.
+     */
+    public function up(): void
+    {
+        Schema::create('inventory', function (Blueprint $table) {
+            $table->id(); // Auto-incrementing primary key
+            $table->string('name');
+            $table->text('description')->nullable();
+            $table->decimal('cost', 8, 2); // Max 999,999.99
+            $table->timestamps();
+        });
+    }
+
+    /**
+     * Reverse the migrations.
+     */
+    public function down(): void
+    {
+        Schema::dropIfExists('inventory');
+    }
+};