The Matrix : Here's the Smartest Way to Compare Factors and Narrow Your Location Choices

Topics:
Site Selection
Tags:
Finance,
Financial,
Financial Accounting,
Group C Communications,
Location
Source:
Group C Communications

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Overview: Strategically positioning assets is one of the most daunting tasks confronting a company looking to grow, move or start-up. Adopting a location strategy that incorporates key business issues, financial considerations, and management vision is critical to answering these questions correctly and ultimately choosing the right location for a facility. The analysis of the new location includes definition of the business issues, the financial considerations of the geographically variable operating costs and the leverage a new location is intended to provide. While project drivers, measures of success, and project parameters will vary by company, industry, and facility, the underlying approach to choosing a location is consistent. This article outlines a site selection matrix process and presents some of the key elements to consider when seeking a location for a new facility.

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Format: HTML | Date: Apr 2002 | Pages: 1


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