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Location, Layout Planning, Supply Chain Management

Location
Setting a location for manufacturing facilities, service outlets, or branch offices is a strategic decision. The location of a company’s facilities is very important. When choosing a location, several factors are taken to account. That includes the company’s operating costs, the prices it charges for goods and services, and its ability to compete in the marketplace. Facility location is the process of determining a geographic site for a firm’s operations (Krajewski, 408).
When choosing a location, managers have to look at different factors. Managers weigh two conditions. The factor must be sensitive to location and the factor must have a high impact on the company’s ability to meet its goals (Krajewski, 408). If any factor fails to meet any of the two conditions, managers usually disregard the factors. Managers divide the location factors into two: dominant and secondary factors. The dominant factors are those that have a high impact on sales and...

Posted by: Kelly G Hess

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