I interviewed Shah Anwar who discussed Warehousing and Inventory Management.
It's good to speak with you today, Anwar. Looking forward to hearing your views today on warehousing and inventory management. Before we start, can you provide a brief background of yourself?
I got my Master's from a public university in Bangladesh. It's Chittagong University. And then I got an MBA in marketing. When I started my career, I started with a company called [inaudible 00:00:33]. It was the largest road transport contracting firm in Bangladesh. So that's my startup. I started as a junior executive and gradually I was promoted and became a management of the company. And it started managing all the transportation and warehousing for the company.
About the same time, we got the opportunity to establish a private inland container depot. So we were the pioneer in establishing inland container depot in the private sector. And we did it. So it's become a new trend.
I had the opportunity to work with all the major shipping line transporting companies and with all the major exporters of our country. You know that Bangladesh is very big in [inaudible 00:01:28] exporting. So I started working with all the exporters. And we established a big warehouse.
That opened my door to work with the warehouse and supply chain and networking era. So I started working with major shipping lines like [inaudible 00:01:53] and not the sourcing company called [inaudible 00:01:57]. And then after working a couple of years there, then I moved in Canada, and I started my career in the logistics and supply chain industry. And now I am working with a German company called Freudenberg. I'm looking after their warehousing and distribution.
In a nutshell, this is my [inaudible 00:02:21].
Can you share with us whom of the challenges that you face with warehousing and inventory management?
Warehousing and inventory management, I would say that the major challenges are, in a lot of sectors of warehousing, they think it is the least important. So a lot of things are not structured. The walking areas are not defined properly. So when people expect to do something, there's a lot of gaps on the expectations and the demands. That's the main challenge in the sector of warehousing and inventory management.
Can you share with us some of the opportunities that you see?
Yeah, definitely. Warehousing — actually it carries the inventory. Inventory carries a lot of capital. By managing the warehouse and inventory, [inaudible 00:03:34] actually, it gives an organization a lot of power to control their capital, their money. So this is really, really important— how to manage their inventory and how to utilize their capital. We need to give a lot of attention to manage warehousing efficiently so that we can protect and save a lot of extra expenses which actually eventually count as a profit for the company.
How is it done effectively?
To do it effectively, number one, I would give priority to the planning. Proper planning is very important. So when the planning is done properly, 50% of the work is done here. So all the inventory and all the warehousing activities should be defined properly.
And the people are working in warehousing and inventory, they must be trained properly. And the company should have proper objectives and goals set. And the employees and the workers, they should be aligned with the goals and the objectives of the company. And they should be trained properly so they can give their 100% to achieve the goal of the company.
Do you have any final recommendations regarding warehousing and inventory management?
For warehousing and inventory management, we need to give a lot of scope to improvement in warehousing and inventory management. So proper training is necessary. So if the top management of a company, they understand the importance of warehousing and inventory management, and they [inaudible 00:05:38] proper manning, proper training, and proper education for the employees, they definitely can save a lot of money for the company, and they can give the best support to the business. So both can grow together.
Well, thanks for sharing today, Anwar.
Thank you, Dustin.
About Shah Anwar
Senior Supply Chain Manager at Asia Pulp & Paper Canada