It might be easier to think of the Inventory as a short list. You go here to make sure you don't change a character's hair color from blonde to red and back again during the narrative.

But a profile will also list her siblings, the reason she chose her career, what she's looking for in her perfect mate that she hasn't found yet, and what she thinks of when her best friend breaks her arm. It's not her entire life, but it has deeper motivations than a simple list of attributes. Here is where you really dig into the character and find out what makes her tick.