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PHANTOM GLASS LTD.*
Seeking Solution to Curb Wasteful Warehousing Practices
In the year-ending review meeting called by Anil Jhunzunwala, MD, on 15 April 2001, Mahesh Pra-
shad, General Manager, in charge of logistics, was pulled up by Ms Priyanka Agarwal, VP (Finance),
who expressed her concern over the increased level of fi nished goods inventory that was creating
cash fl ow problems. She also made remarks on the prevailing warehouse practices in the company,
which were resulting in low productivity and higher warehousing cost. In defence, Mahesh Prashad
tried to explain the situation based on the facts and fi gures he had with him and suggested ...