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| Topic: |
Technology
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| Number of pages / Number of words: |
5 / 1148 |
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The location is dependent on determination of customer satisfaction and the prevalent and predicted market demands for the product of service. Having the right projections is critical so that the strategic decisions may correctly focus on the placement of production plants, distribution and stocking facilities, and placing them in prime locations to the market served...
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Once customer markets are determined, long-term commitment must be made to locate production and stocking facilities as close to the consumer as is practical. In industries where components are lightweight and market driven, facilities should be located close to the end-user. In heavier industries, careful consideration must be made to determine where plants should be located so as to be close to the raw material source...
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