Inventory,and equip

i know how to make an inventory but say i made the item equipable and that would mean by dragging it from the inventory to the slot it should be placed in, would i have to make it add a movie clip to the scene and place it in the x and y axis of his hands( say it were a weapon ) i didnt try that but i just wanna know the best way so i dont end up frustrated over some complex way that wont work for me, and is it best to store all the items in a array?