Home > Sample essays > if cost is lower then production cost will be lowerPolitical relations Diplomatic relation between the countriesLocating a plant Requires logistics facilityCODE OF CONDUCT/ ethics Proper moral behavior for the employee Local population Favor investments from different countries X. CONCLUSIONThe location of facility has its advantages and disadvantages, the good decision making requires The customer base and need of the firm. The main aim of selecting the best location is cost reduction, risk management, and facility management. The selection of best location needs risk analysis and needs to be changed as per customer demand.Critical Factors and Sides of Facility Location for Businesses

Essay: if cost is lower then production cost will be lowerPolitical relations Diplomatic relation between the countriesLocating a plant Requires logistics facilityCODE OF CONDUCT/ ethics Proper moral behavior for the employee Local population Favor investments from different countries X. CONCLUSIONThe location of facility has its advantages and disadvantages, the good decision making requires The customer base and need of the firm. The main aim of selecting the best location is cost reduction, risk management, and facility management. The selection of best location needs risk analysis and needs to be changed as per customer demand.Critical Factors and Sides of Facility Location for Businesses

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FACILITY LOCATION: A REVIEW  ON CRITICAL FACTORS AND ITS OTHER SIDES OF BUSINESS ACTIVITIES

Deepak Hajoary1

*(Management Studies, Bodoland University Kokrajhar, India)

Email: hajoary.deepak@gmail.com

I.

I.INTRODUCTION

Location is a decision for any organization for sustainability. Location can effect company’s locating a plant and its external unavoidable elements for any organization. It is a strategic decision which has to be decided before setting  a plant. The decision for plant can have long effects on company’s performance. A careful research has to be carried out  to get deep knowledge of locating a plant. The factors for every location problem is unique and depends on which country it will locate. There is difference of factors for selecting a plant within country and outside the country. The companies will always go for low cost operations and government policies in that country. The decision maker has to collect first hand information and it’s very difficult for the decision maker to take quick decision Location is a strategic decision for any business organizations and planning need to be done for finding a new plant locations. As it involves company’s cost, assessment has to be made before making any steps for its new facility. The decision can have huge impact for any business organizations. The purpose of selecting a new location will depend on diversification strategy.

 

II.LITERATURE REVIEW

Langevin and Riople (2005)states that there is direct relationship between locations decision and supply chain management. Some decisions can be changed over a short period of time while transportation and inventory related decisions can be changed over a period of very short time.While location decisions are fixed and can’t be changed easily,Bumb in 2002 stated the four elements of facility locations and pointed out that demand optimization of cost  is very important. Mahadevan (2007) stated that the expansion of locations has its downside and advantage

AUTHOR SIGNIFICANCE

Epping 1982 Firms needs long term investment

Epping 1982 Today’s best location cannot be tomorrows best strategy

Weber 1929 Proposed three decision factors

1.Transportation cost

2.labor cost

3. Agglomeration forces

(August Losch1939 Locate in free economy

Canel and Khumawala 1996). Companies faces new problems in international facilities  like political, social, economic, and cultural differences

Bass, McGragor and Walters  1977 Factors important are accessibility,

basic services available, environment, site costs, industrialization, labor and staff

availability, host taxes and incentives, area reputation,

Tong (1979) Factors affecting firm

Transportation services

Labor attitudes

Space for expansions

Nearness to markets

Availability of a site

Epping (1982) Availability of transportation facilities for moving raw material and finished

goods

Availability of labor

Personal considerations

Masood Badri, Donald Davis and Donna Davis (1995) Transportation related factors

Labor related factors

Raw materials related factors

Market related factors

Utilities related factors

Tax structure related factors

Climate related factors

Community related factors

Political situation of foreign country related factors

Global competition and survival related factors

Government regulations related factors

Economic related factors

Chamnong and Colin (1995) Market

Transportation

Labor

Site consideration

Raw materials and services

Utilities

Government concerns

Community environment

Kupke and Pearce (1998) close to the central business district

to have  direct access to main roads.

McCarthy (2003) costs, labor characteristics,

infrastructure, proximity to suppliers, proximity to markets/customers, proximity to

parent company’s facilities, proximity to competition, quality of life, legal and regulatory framework, economic factors, government and political factors, social and cultural factors, characteristics of a specific location.

III.IMPORTANCE FOR LOCATION DECISIONS

Firms go for location decisions either to expand or set up new facility for its business.Location decisions plays crucial potential role for firms to meet the existing demand for its customers. The decision for location can hamper the future operations if it fails to meet the requisite criteria for setting up business units. The industry investment cannot be ignored while selecting new plant. Companies go for location due to following three major reasons

1.A company may go for new locations as a part of business expansion strategy

2.A new start up trying to open new company

3.Companies goes for foreign location as a part of its policies.

IV GLOBALIZATION

The expansion of new markets and new plants has been possible due to globalization in modern times. The globalization of markets is a platform for any business organization to gain customers worldwide.

The globalization of operations is possible due to following points.

1. Regulatory Issues: Attracts to set up manufacturing plant due to favorable regulatory issues

2.Factor advantage: There are country specific factors to attract multinational companies. Low labor cost has forced most companies to go for economies of scale in that country. Companies are setting its plants in India and China due to its low cost operations.

3.Expanding in developed countries:globalizatio of operations is also due to countries economic growth. several firms are targeting Asian countries due to economic growth.

 V.CRITERIA FOR MAKING LOCATION DECISIONS

1.Understand the criteria to set up business unit

2.Studying the critical factors for locations

3.Making options for locations

4.Identifying and assessing options to select the best one.

VI.GLOBAL LOGISTICS/GLOBAL SUPPLY CHAIN

The Council of Logistics Management (CLM) defines logistics as:

The firm has to changed its logistics strategy if its distributing its products in global market.The domestic logistics process has to be designed to meet global customers..Firms have to understand supply chain network for its new facility locations. The companies go for new location in across borders to take advantage of resources and customers.

VII.OBJECTIVES OF SHIFTS AND REASONS  FOR LOCATION

Market Cost Risk Infrastructure

Objectives Expansion

Explore business opportunity Low cost operation

Cheap labor Less risk

Risk lesser than other countries Facility world class

Reasons for locating Good customer base Can operate with target amount Can take risk in that country Suitable for the plant

VIII.FACTORS AFFECTING FACILITY LOCATION

Factors Reason

Proximity to customers Reduces cost of transportation, can meet demand easily

Proximity to raw material Easy access to raw materials, cost saving

Good Transportation facilities Needs for any firm. Without this infrastructure firm cannot operate

Availability of power supply Needs in production

Basic amnesties Should have water supply

Government policies Have support from government

Environment and community consideration Plant should not disturb community

Proximity to subcontractor Support from them

Land Easy availability of land

Construction cost Labor cost low in that region

Availability of labor Easy availability of skillful labor

Resident complex, schools etc. Proper facilities for the employees.

IX.LOCATING FOREIGN OPERATIONS FACILITIES

FACTORS REASON

Trade barriers Government may imposed huge tax on products

International customers If the country has good customer base

International competition If another company already exist in that country then the firm can start operations

Regulations If regulations are flexible

Low cost Main reason for choosing the location

Firm advantage Can have advantage there

Economies of scale Easy management

Synergy Experience can lead to establish new firm in foreign land

Foreign Direct Investment Favorable Foreign Direct Investment

X.EVALUATING LOCATION ALTERNATIVES

Location factors are used to identify the most favorable locations for its plants. There are many locations models and the following are few location models below.

1.Factor Rating Model:

This model selects the location with highest rating  scores

2.Weighted Factor Rating Model:

This model selects the location with highest weighted rating scores

3.Load-Distance Method

4.Centre of Gravity

This method is used to identify a distribution centre that can optimize transportation cost

5.Break Even Analysis

The method helps managers to evaluate alternatives based on cost associated with each locations.

XI.DISCUSSION OF SOME INTERNATIONAL COMPANIES

There are many international countries operating globally. The reason for the companies going international is the company can operate smoothly. It has support from government in that country. India is also a country where numerous foreign companies has tied up with Indian companies and operationg.KFC ,Wallmart,Toyota is foreign company and it has many centre around India.Wallmart .manufacturing or service industry will always go for locations strategy.The companies will optimize its cost by making a single facility its central warehouse. and distribute from that central warehouse. Virtual operations have become central point of importance for some organizations. Mostly for some companies the works are managed through electronically. Companies can used “hub and spoke’ model for interconnecting its various plants to minimize cost and better information sharing.

XII CONCLUSIONS

Location of facilities is very important decision for any kinds of business whether manufacturing or service sector. The barriers will arise due to political issues and plants will be in huge loss. It is the sole responsibility of strategic decision makers to make efficient decisions for the plants. For any plant or business organizations, the main focus of evaluation is the responsibility of managers who can make the company grow in the right direction.The location analysis will be main problems and can change any business organizations to grow in the business environment

References

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and  Dissertations. Paper 233.

[2].  LEE, Ji-myoung et al(2005),factors affecting the location strategy of global companies, Proceedings of the  

 Eastern Asia Society for Transportation Studies, Vol. 5, pp. 1703 – 1718,

[3]. Pumar,Jose(2012) GLOBAL MANUFACTURING FACILITY DESIGN, Published research  

paper

[4]. MacCormack, Alan D., Lawrence J. Newmann, and Donald B.Rosenfield.1994.”The New Dynamics

  of Global Manufacturing Site Location,”Sloan Management Review, Vol. 35, No.4, pp.69-80.

[5]. Schmenner, Roger W.1979.”Looking Beyond the Obvious in Plant Location,”Harvard Business

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[6]. Rohit Bhatnagar, Jayanth Jayaram, and Yue Cheng Phua. 2003. Relative Importance of Location

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[7]. Bowersox, Donald J. and David J.Closs.1996. Logistical Management: The Integrated Supply Chain

Process, New York: McGraw-Hill Companies

[8].  Bozarth, C.C., & Handfield, R.B. (2006). Introduction to Operations and Supply Chain

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[9].  Mahadevan, V. (2007). Operations Management: Theory & Practice. New Delhi: Pearson Education.

[10]. Porter, M. (1986). Competition in global industries, Boston, MA: HBS Press

[11].  Weber, A. (1929). Theory of the location of industries. University of Chicago Press

[1]2.  Carrier, Ronald and Schriver, William R. Plant Location Analysis: An Investigation of Plant Locations in  .  Tennessee, Memphis: Memphis State University, 1969

[13]. Epping, G., 1982. “Important factors in plant location in 1980.” Growth and Change, Vol. 13(2)

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[14]. Carter, C.R., Rogers, D.S., 2008. A framework of sustainable supply chain management: moving toward  

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  House Pvt. Ltd, Second Revised Edition 2009.

[20].Bedi,Kanishka(2009),Production and Operations Management,Oxford University Press,New Delhi

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Essay Sauce, if cost is lower then production cost will be lowerPolitical relations Diplomatic relation between the countriesLocating a plant Requires logistics facilityCODE OF CONDUCT/ ethics Proper moral behavior for the employee Local population Favor investments from different countries X. CONCLUSIONThe location of facility has its advantages and disadvantages, the good decision making requires The customer base and need of the firm. The main aim of selecting the best location is cost reduction, risk management, and facility management. The selection of best location needs risk analysis and needs to be changed as per customer demand.Critical Factors and Sides of Facility Location for Businesses. Available from:<https://www.essaysauce.com/sample-essays/2016-2-20-1455947323/> [Accessed 28-05-26].

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