RONALD S. GOSECO
One of our students in the recently concluded Finex-Citi Junior Bankers Congress held in Cebu asked me if keeping a large inventory was good. I gave it a thought and realized that there was no straightforward answer to this question. It depends a lot on several factors, including where one is in the supply chain. There are conflicting interests throughout the process and understanding the various motives and objectives of each of the participants is a good way to understand the intricacies of the chain and the way it works.