Plant location
•Download as PPTX, PDF•
2 likes•1,020 views
This document discusses plant location and the factors that should be considered when selecting a site for a new plant. It defines plant location as choosing a region and specific site for setting up a factory or business. An ideal location minimizes production and distribution costs. Key factors that influence plant location decisions include the supply of raw materials, proximity to markets, available labor, transportation access, and the supply of power, fuel and water. Additional secondary factors include natural/climate conditions, political environment, government incentives, and historical or personal preferences. The document emphasizes that plant location is a strategic decision that requires a thorough analysis of demographic, trade area, competitive, traffic and site economic factors to select the best site.
Report
Share
Report
Share
Recommended
Plant location
Plant location may be understood as the function of determining where the plant should be located for maximum operating economy and effectiveness.
Plant location
The document discusses the steps involved in selecting a location for a new industrial plant. The key steps are: 1) Deciding whether to locate domestically or internationally; 2) Selecting a suitable region based on factors like raw materials, markets, infrastructure, climate, and government policies; 3) Choosing a specific community or locality based on availability of labor, financing options, and amenities for workers; 4) Picking the exact site based on soil quality, size, topography, and waste disposal needs. Location is a critical economic decision that impacts long-term costs and business operations.
Chapter 2 Plant Location
This document provides an overview of plant location, layout, and line balancing for an industrial management course. It covers factors to consider for plant location such as proximity to materials, labor, transportation and utilities. It also discusses objectives and principles of plant layout such as minimizing movement, uniform flow, and space utilization. Additionally, it describes different types of facility layouts and reasons for redesigning layouts.
Plant location and layout
factors that must be considered at the time of deciding about plant location. How to locate the machines and equipments in plants.
Plant location
The document discusses factors to consider when determining an ideal location for a new industry or business. It identifies primary factors such as proximity to raw materials, markets, transportation routes, infrastructure and availability of labor. Additional factors that can influence location selection are climate, costs of transportation, government incentives, and personal preferences of business owners. The document also compares advantages and disadvantages of urban, rural and suburban areas for potential plant locations.
Factor influence the selection of plant location
This document discusses factors that influence the selection of a plant location. It identifies key factors such as proximity to raw materials and markets, availability of labor, transportation infrastructure, utilities, and financial incentives. Additional factors that can affect the decision include climate, land costs, availability of supporting industries and services, and housing/community facilities for employees. The document compares advantages and disadvantages of locating a factory in an urban versus rural setting. Overall, the optimal location minimizes costs while allowing access to necessary resources and labor markets.
Facility location & steps on location selection
This document discusses factors to consider when selecting a manufacturing facility location. It identifies key location factors like customer proximity, available skilled labor, suppliers, and environmental regulations. It also outlines common errors in location selection such as personal biases or inadequate analysis. Finally, it provides steps for the location selection process, including defining objectives, criteria, evaluating alternatives through models and data collection, and selecting a site that best meets the objectives and criteria. Cost is another important consideration, and the document presents a cost-volume analysis comparing total costs at four potential locations.
Economic Order Quality Eoq
The document discusses the economic order quantity (EOQ) model, which aims to minimize total inventory costs by determining the optimal order quantity. It defines EOQ as the order quantity that balances ordering costs and carrying costs. The key assumptions of the EOQ model are constant demand, lead time, and costs. The document presents the mathematical formula for calculating EOQ and provides an example calculation. It also describes two EOQ models: the 'Q' model with fixed reorder quantities and the 'P' model with periodic reviews and orders.
Recommended
Plant location
Plant location may be understood as the function of determining where the plant should be located for maximum operating economy and effectiveness.
Plant location
The document discusses the steps involved in selecting a location for a new industrial plant. The key steps are: 1) Deciding whether to locate domestically or internationally; 2) Selecting a suitable region based on factors like raw materials, markets, infrastructure, climate, and government policies; 3) Choosing a specific community or locality based on availability of labor, financing options, and amenities for workers; 4) Picking the exact site based on soil quality, size, topography, and waste disposal needs. Location is a critical economic decision that impacts long-term costs and business operations.
Chapter 2 Plant Location
This document provides an overview of plant location, layout, and line balancing for an industrial management course. It covers factors to consider for plant location such as proximity to materials, labor, transportation and utilities. It also discusses objectives and principles of plant layout such as minimizing movement, uniform flow, and space utilization. Additionally, it describes different types of facility layouts and reasons for redesigning layouts.
Plant location and layout
factors that must be considered at the time of deciding about plant location. How to locate the machines and equipments in plants.
Plant location
The document discusses factors to consider when determining an ideal location for a new industry or business. It identifies primary factors such as proximity to raw materials, markets, transportation routes, infrastructure and availability of labor. Additional factors that can influence location selection are climate, costs of transportation, government incentives, and personal preferences of business owners. The document also compares advantages and disadvantages of urban, rural and suburban areas for potential plant locations.
Factor influence the selection of plant location
This document discusses factors that influence the selection of a plant location. It identifies key factors such as proximity to raw materials and markets, availability of labor, transportation infrastructure, utilities, and financial incentives. Additional factors that can affect the decision include climate, land costs, availability of supporting industries and services, and housing/community facilities for employees. The document compares advantages and disadvantages of locating a factory in an urban versus rural setting. Overall, the optimal location minimizes costs while allowing access to necessary resources and labor markets.
Facility location & steps on location selection
This document discusses factors to consider when selecting a manufacturing facility location. It identifies key location factors like customer proximity, available skilled labor, suppliers, and environmental regulations. It also outlines common errors in location selection such as personal biases or inadequate analysis. Finally, it provides steps for the location selection process, including defining objectives, criteria, evaluating alternatives through models and data collection, and selecting a site that best meets the objectives and criteria. Cost is another important consideration, and the document presents a cost-volume analysis comparing total costs at four potential locations.
Economic Order Quality Eoq
The document discusses the economic order quantity (EOQ) model, which aims to minimize total inventory costs by determining the optimal order quantity. It defines EOQ as the order quantity that balances ordering costs and carrying costs. The key assumptions of the EOQ model are constant demand, lead time, and costs. The document presents the mathematical formula for calculating EOQ and provides an example calculation. It also describes two EOQ models: the 'Q' model with fixed reorder quantities and the 'P' model with periodic reviews and orders.
Economic order quantity (eoq)
The document defines and explains economic order quantity (EOQ), which is the order size that minimizes the total costs of ordering and carrying inventory. EOQ is determined using the Wilson formula, which balances ordering costs (such as transportation and staff costs) against carrying costs (such as capital costs and storage fees). The document also provides examples of an aging schedule, which classifies inventory by age to help identify slow-moving items and better manage inventories.
PRODUCTION SYSTEMS
This document discusses different types of production systems. It defines production as manufacturing, mining or growing goods for trade, and a production system as consisting of inputs, conversion processes, and outputs. The main types of production systems are described as job production (one-off custom jobs), batch production (similar goods in batches), mass production (large volumes of standardized goods), and process production (continuous extraction of goods like oil). The advantages and disadvantages of each system are provided.
Cost control and reduction
This document discusses cost control and cost reduction in managerial economics. It defines cost control as monitoring and regulating expenditure, and involves setting targets, measuring actual performance, analyzing variances, and taking corrective action. Cost reduction aims to eliminate unnecessary costs to improve profitability. Key aspects of cost control include planning, communication, motivation, appraisal, and decision-making. Common cost control techniques are budgetary control, standard costing, inventory control, ratio analysis, and variance analysis.
Facility location
The document discusses facility location and the process of selecting the best geographic location. It outlines key objectives like reducing costs and coordinating with government policies. The main steps discussed are selecting between domestic or international locations, then choosing a region, locality, and exact site based on factors like resources, market access, transportation and climate. Location analysis techniques covered include location factor rating, center of gravity, load distance, break even analysis, and weighted factor rating. The overall goal is to identify the optimal location for operating facilities.
Production and Operation Management
This document discusses production and operations management. It begins with definitions of production management and operations management. It then provides a historical overview of the evolution of the field from Adam Smith's specialization of labor to more modern contributions. The rest of the document defines concepts related to production systems including inputs, transformation processes, outputs, and classifications like job shop, batch, mass, and continuous production.
Business policy
Walton founded Walmart and Sam's Club, pioneering the discount retail model. In 1962, he opened the first Walmart store in Rogers, Arkansas. By 1980, he had expanded to include Sam's Club, catering to small businesses and individuals. His strategic focus on low prices transformed retail and established Walmart as the largest company in the world by revenue. Walton's business policies centered on low costs, high volume, and passing savings to customers, fueling the company's massive growth in the following decades.
Facility location and layout planning
The document discusses facility location planning. It defines facility location as selecting the specific site for establishing a production process. The selection of location is important as it is a long-term decision that impacts costs and profits. Several factors must be considered in choosing a location, including availability of materials, labor, transportation and climate. The document outlines the general procedures for facility location, which includes preliminary screening of options followed by qualitative and quantitative analysis of remaining alternatives to determine the best site. Behavioral factors like cultural differences and job satisfaction that also influence location selection are also discussed.
Production Management
This document provides an overview of production management. It defines production management and discusses its objectives of producing the right quality, quantity, time, and cost. It describes different types of production systems like job shop, batch, mass, and continuous production. It also covers topics like product and process design, plant layout, production planning and control, and quality control. The key aspects and objectives of production management are to efficiently convert inputs into high quality outputs that meet customer needs.
Production planning & control
Production planning and control involves forecasting production steps, scheduling work, and monitoring production flow to ensure efficiency. It determines what, how, when, and by whom work is completed. The key elements are planning, routing, scheduling, dispatching, follow up/expediting, and inspection to integrate inputs, regulate work flow, and maintain schedules and quality standards. The overall goal is to increase output, coordinate activities, control costs, and rationalize the production process.
Plant location
This document discusses factors to consider when selecting a plant location. It describes key factors like availability of raw materials, proximity to markets, labor supply, and transportation infrastructure. Quantitative techniques for analysis include comparative cost charts, least cost center analysis, break-even charts, and dimensional analysis. Qualitative factors can be evaluated using ranking and weighting methods. The document emphasizes selecting a location that minimizes costs while considering both quantitative and qualitative criteria.
Plant layout
The document discusses plant layout, which refers to the arrangement of machinery, equipment, and facilities within a factory to optimize material flow and minimize costs. There are different types of layouts - product layout arranges machines in sequence of operations for a product. Process layout groups similar machines together. The objectives of plant layout include minimizing costs and movement of materials while allowing flexibility. Factors like the factory building, production processes, and employee needs must be considered when designing an effective plant layout.
Plant Location Selection Decision
1. Location selection is a strategic decision that impacts costs, operations, and profits. Key factors include availability of resources like materials, labor, utilities, and transportation access.
2. The document outlines various primary and secondary factors to consider, like raw materials, labor, climate, utilities, land, and government policies.
3. Effective evaluation of location options requires identifying criteria, alternatives, and analyzing each based on attractiveness, resources, utilities, and site-specific considerations. Quantitative techniques can aid the evaluation.
Functions of production planning and control
Production planning and control has several key functions:
1) Ensuring adequate raw materials and components are available when needed for production.
2) Analyzing production methods and selecting the best methods given available resources and facilities.
3) Coordinating production activities including routing, loading equipment, scheduling, dispatching work, and expediting to ensure production stays on schedule.
4) Monitoring production through inspection and providing feedback to improve future planning through evaluation.
Factors affecting plant location
Factors affecting plant location. law and order, raw materials, infrastructure situation, good industrial relation.
Production Planning & Control
Production planning and control involves three main stages: planning, operation, and control. Planning determines what to produce, how to produce it, where, when, who will produce it, and how much to produce. Operation is the execution of the production plan. Control involves comparing actual results to production standards and taking corrective actions if needed. Key factors that determine the appropriate production planning and control system include the production volume, nature of the production process, complexity of operations, and magnitude of operations. The system aims to maximize efficiency, utilization of resources, and reliable delivery while minimizing costs and maintaining product quality.
Plant Location
Plant Location Decisions and Factors Affecting Plant Location
Plant location refers to the choice of the region where men, materials, money, machinery and equipment are brought together for setting up a business or factory.
A plant is a place where the cost of the product is kept to low in order to maximize gains. Identifying an ideal location is very crucial, it should always maximize the net advantage, must minimize the unit cost of production and distribution.
Plant location decisions are very important because once the plant is located at a particular site then the organization has to face the pros and cons of that initial decision.
Production and planning control
Brief introduction about the PPC, what is the need for PPC, its objectives, techniques and limitation.
Production and operations management
This document provides an overview of production and operations management. It discusses key topics such as production planning and control, plant layout, material handling, quality management, and productivity improvement techniques. The roles and responsibilities of production managers are also outlined. Various production systems, inventory control methods, and maintenance strategies are defined.
Plant layout
This document discusses plant layout and provides definitions, characteristics, and types of plant layouts. It defines plant layout as the physical arrangement of equipment and facilities within a plant. The main types of plant layouts discussed are functional layout, line layout, static product layout, group layout, and combination layout. Functional layout groups similar machines together by process. Line layout arranges machines in a linear sequence of operations. Group layout groups equipment for similar parts into cells. The document also covers factors that influence layout choices and tools used for layout planning.
Production and operation management
This document provides an overview of production and operations management concepts. It defines production and operations management as the set of activities that create value through transforming inputs into outputs. It discusses key organizational functions like marketing, production, finance, and human resources. It also outlines various production systems, manufacturing processes, inventory control techniques, and the role of the production manager in planning, controlling, and improving operations.
Mgt 521 lecture five
Here are the steps to solve the center of gravity problem:
1) Multiply the X coordinate by the quantity shipped for each destination:
D1: 2 * 800 = 1600
D2: 3 * 900 = 2700
D3: 5 * 200 = 1000
D4: 8 * 100 = 800
2) Sum the results: 1600 + 2700 + 1000 + 800 = 6100
3) Multiply the Y coordinate by the quantity shipped for each destination:
D1: 2 * 800 = 1600
D2: 5 * 900 = 4500
D3: 4 * 200 = 800
D4: 5 * 100 = 500
4) Sum the results: 1600 + 4500 + 800
Methods Of plant Location
This document discusses various methods for selecting an optimal location for a new plant. It describes point rating, factor rating, break-even analysis, qualitative, and center of gravity methods. The point rating method assigns points to different location factors like fuel, transportation, water, labor, etc and chooses the location with the highest total points. The factor rating method rates each location based on factors weighted by importance. The break-even analysis examines costs and revenues at different output levels. The qualitative method weighs economic and non-economic criteria. The center of gravity method places existing locations on a grid and calculates the centroid location based on distances and shipment volumes.
More Related Content
What's hot
Economic order quantity (eoq)
The document defines and explains economic order quantity (EOQ), which is the order size that minimizes the total costs of ordering and carrying inventory. EOQ is determined using the Wilson formula, which balances ordering costs (such as transportation and staff costs) against carrying costs (such as capital costs and storage fees). The document also provides examples of an aging schedule, which classifies inventory by age to help identify slow-moving items and better manage inventories.
PRODUCTION SYSTEMS
This document discusses different types of production systems. It defines production as manufacturing, mining or growing goods for trade, and a production system as consisting of inputs, conversion processes, and outputs. The main types of production systems are described as job production (one-off custom jobs), batch production (similar goods in batches), mass production (large volumes of standardized goods), and process production (continuous extraction of goods like oil). The advantages and disadvantages of each system are provided.
Cost control and reduction
This document discusses cost control and cost reduction in managerial economics. It defines cost control as monitoring and regulating expenditure, and involves setting targets, measuring actual performance, analyzing variances, and taking corrective action. Cost reduction aims to eliminate unnecessary costs to improve profitability. Key aspects of cost control include planning, communication, motivation, appraisal, and decision-making. Common cost control techniques are budgetary control, standard costing, inventory control, ratio analysis, and variance analysis.
Facility location
The document discusses facility location and the process of selecting the best geographic location. It outlines key objectives like reducing costs and coordinating with government policies. The main steps discussed are selecting between domestic or international locations, then choosing a region, locality, and exact site based on factors like resources, market access, transportation and climate. Location analysis techniques covered include location factor rating, center of gravity, load distance, break even analysis, and weighted factor rating. The overall goal is to identify the optimal location for operating facilities.
Production and Operation Management
This document discusses production and operations management. It begins with definitions of production management and operations management. It then provides a historical overview of the evolution of the field from Adam Smith's specialization of labor to more modern contributions. The rest of the document defines concepts related to production systems including inputs, transformation processes, outputs, and classifications like job shop, batch, mass, and continuous production.
Business policy
Walton founded Walmart and Sam's Club, pioneering the discount retail model. In 1962, he opened the first Walmart store in Rogers, Arkansas. By 1980, he had expanded to include Sam's Club, catering to small businesses and individuals. His strategic focus on low prices transformed retail and established Walmart as the largest company in the world by revenue. Walton's business policies centered on low costs, high volume, and passing savings to customers, fueling the company's massive growth in the following decades.
Facility location and layout planning
The document discusses facility location planning. It defines facility location as selecting the specific site for establishing a production process. The selection of location is important as it is a long-term decision that impacts costs and profits. Several factors must be considered in choosing a location, including availability of materials, labor, transportation and climate. The document outlines the general procedures for facility location, which includes preliminary screening of options followed by qualitative and quantitative analysis of remaining alternatives to determine the best site. Behavioral factors like cultural differences and job satisfaction that also influence location selection are also discussed.
Production Management
This document provides an overview of production management. It defines production management and discusses its objectives of producing the right quality, quantity, time, and cost. It describes different types of production systems like job shop, batch, mass, and continuous production. It also covers topics like product and process design, plant layout, production planning and control, and quality control. The key aspects and objectives of production management are to efficiently convert inputs into high quality outputs that meet customer needs.
Production planning & control
Production planning and control involves forecasting production steps, scheduling work, and monitoring production flow to ensure efficiency. It determines what, how, when, and by whom work is completed. The key elements are planning, routing, scheduling, dispatching, follow up/expediting, and inspection to integrate inputs, regulate work flow, and maintain schedules and quality standards. The overall goal is to increase output, coordinate activities, control costs, and rationalize the production process.
Plant location
This document discusses factors to consider when selecting a plant location. It describes key factors like availability of raw materials, proximity to markets, labor supply, and transportation infrastructure. Quantitative techniques for analysis include comparative cost charts, least cost center analysis, break-even charts, and dimensional analysis. Qualitative factors can be evaluated using ranking and weighting methods. The document emphasizes selecting a location that minimizes costs while considering both quantitative and qualitative criteria.
Plant layout
The document discusses plant layout, which refers to the arrangement of machinery, equipment, and facilities within a factory to optimize material flow and minimize costs. There are different types of layouts - product layout arranges machines in sequence of operations for a product. Process layout groups similar machines together. The objectives of plant layout include minimizing costs and movement of materials while allowing flexibility. Factors like the factory building, production processes, and employee needs must be considered when designing an effective plant layout.
Plant Location Selection Decision
1. Location selection is a strategic decision that impacts costs, operations, and profits. Key factors include availability of resources like materials, labor, utilities, and transportation access.
2. The document outlines various primary and secondary factors to consider, like raw materials, labor, climate, utilities, land, and government policies.
3. Effective evaluation of location options requires identifying criteria, alternatives, and analyzing each based on attractiveness, resources, utilities, and site-specific considerations. Quantitative techniques can aid the evaluation.
Functions of production planning and control
Production planning and control has several key functions:
1) Ensuring adequate raw materials and components are available when needed for production.
2) Analyzing production methods and selecting the best methods given available resources and facilities.
3) Coordinating production activities including routing, loading equipment, scheduling, dispatching work, and expediting to ensure production stays on schedule.
4) Monitoring production through inspection and providing feedback to improve future planning through evaluation.
Factors affecting plant location
Factors affecting plant location. law and order, raw materials, infrastructure situation, good industrial relation.
Production Planning & Control
Production planning and control involves three main stages: planning, operation, and control. Planning determines what to produce, how to produce it, where, when, who will produce it, and how much to produce. Operation is the execution of the production plan. Control involves comparing actual results to production standards and taking corrective actions if needed. Key factors that determine the appropriate production planning and control system include the production volume, nature of the production process, complexity of operations, and magnitude of operations. The system aims to maximize efficiency, utilization of resources, and reliable delivery while minimizing costs and maintaining product quality.
Plant Location
Plant Location Decisions and Factors Affecting Plant Location
Plant location refers to the choice of the region where men, materials, money, machinery and equipment are brought together for setting up a business or factory.
A plant is a place where the cost of the product is kept to low in order to maximize gains. Identifying an ideal location is very crucial, it should always maximize the net advantage, must minimize the unit cost of production and distribution.
Plant location decisions are very important because once the plant is located at a particular site then the organization has to face the pros and cons of that initial decision.
Production and planning control
Brief introduction about the PPC, what is the need for PPC, its objectives, techniques and limitation.
Production and operations management
This document provides an overview of production and operations management. It discusses key topics such as production planning and control, plant layout, material handling, quality management, and productivity improvement techniques. The roles and responsibilities of production managers are also outlined. Various production systems, inventory control methods, and maintenance strategies are defined.
Plant layout
This document discusses plant layout and provides definitions, characteristics, and types of plant layouts. It defines plant layout as the physical arrangement of equipment and facilities within a plant. The main types of plant layouts discussed are functional layout, line layout, static product layout, group layout, and combination layout. Functional layout groups similar machines together by process. Line layout arranges machines in a linear sequence of operations. Group layout groups equipment for similar parts into cells. The document also covers factors that influence layout choices and tools used for layout planning.
Production and operation management
This document provides an overview of production and operations management concepts. It defines production and operations management as the set of activities that create value through transforming inputs into outputs. It discusses key organizational functions like marketing, production, finance, and human resources. It also outlines various production systems, manufacturing processes, inventory control techniques, and the role of the production manager in planning, controlling, and improving operations.
What's hot (20)
Similar to Plant location
Mgt 521 lecture five
Here are the steps to solve the center of gravity problem:
1) Multiply the X coordinate by the quantity shipped for each destination:
D1: 2 * 800 = 1600
D2: 3 * 900 = 2700
D3: 5 * 200 = 1000
D4: 8 * 100 = 800
2) Sum the results: 1600 + 2700 + 1000 + 800 = 6100
3) Multiply the Y coordinate by the quantity shipped for each destination:
D1: 2 * 800 = 1600
D2: 5 * 900 = 4500
D3: 4 * 200 = 800
D4: 5 * 100 = 500
4) Sum the results: 1600 + 4500 + 800
Methods Of plant Location
This document discusses various methods for selecting an optimal location for a new plant. It describes point rating, factor rating, break-even analysis, qualitative, and center of gravity methods. The point rating method assigns points to different location factors like fuel, transportation, water, labor, etc and chooses the location with the highest total points. The factor rating method rates each location based on factors weighted by importance. The break-even analysis examines costs and revenues at different output levels. The qualitative method weighs economic and non-economic criteria. The center of gravity method places existing locations on a grid and calculates the centroid location based on distances and shipment volumes.
IBM UNIT 4..pptx
This document discusses various production and supply chain issues that international businesses must consider. It covers factors like facility location, scale of operations, cost of production, and supply chain management. Specific factors discussed for facility location include customer proximity, availability of skilled labor, and environmental policy. Scale of operations can refer to small, medium, or large businesses. Costs include fixed and variable costs. Make-or-buy decisions must also be made. Globalization further impacts supply chain networks.
Plant Location - Influencing factors and Location Decision Process
Selecting a plant location plays a vital role in the success of the organisation. The various factors that influence the site location and the techniques used for rating the plant sites.
plant location.pptx
refers to the choice of region and the selection of a particular site for setting up a business or factory. An ideal location is on where the cost of the product is kept to minimum, with a large market share, the least risk and the maximum social gain
Factor Influenicing the Plant Locatin final.pptx
The document discusses factors that influence the selection of a plant location. It identifies both qualitative and quantitative factors to consider, such as labor availability and costs, proximity to materials and markets, transportation infrastructure and costs, and local incentives. An ideal location minimizes production and distribution expenses. The document also compares locating a plant in an urban versus rural area, noting advantages and disadvantages of each like land and labor costs, infrastructure and skills availability, and expansion potential. Selection requires balancing multiple location-specific factors.
Country evaluation and selection - International Business - Manu Melwin Joy
Because companies lack the resources to take advantage of all international opportunities they identify, they must determine both the order of country entry as well as the rates of resource allocation across countries.
Dimensional analysis, brown gibson model
it contains details of dimensional analysis and brown gibson model and mostly a part of materials management
Facility Design.pptx
The document discusses facility location and layout. It covers factors that influence facility location such as proximity to markets and suppliers, availability of labor and transportation. Methods for evaluating alternate facility locations are described, including cost-volume analysis, factor rating, and center of gravity. Transportation models for optimizing distribution costs are also summarized. The document concludes with definitions and objectives of facility layout planning.
Operation managemet
The document discusses the relative importance of location factors for setting up a business or factory. It identifies key location factors including proximity to raw materials and markets, transportation and utility infrastructure, availability of labor, land, and incentives. The factors can impact production costs and ability to access customers. An ideal location minimizes costs while maximizing market access and social benefits. The conclusion emphasizes the importance of effective location planning and analysis for a business to expand and maintain competitiveness.
Starting a small industry
This document discusses the key factors to consider before starting a small-scale industry. It outlines that small industries provide employment, have shorter gestation periods and lower investment needs. The document then covers identifying business opportunities through market research and evaluating alternatives. Key factors for feasibility like market, financial, technical and social aspects are examined. The final sections provide details on location selection, obtaining necessary clearances, licenses and registrations to legally start a small business.
Plant Location
Need for selection of location, Location theories, Steps in location, Methods in plant location, Assess yourself
Facility Location.pptx
The document discusses facility location analysis. It describes facility location as identifying the best geographic location for production or services. Key factors in choosing a location include reducing costs, qualifying workforce, and complying with government policies. The main steps are developing selection criteria, analyzing qualitative and quantitative data, researching competing locations, considering incentives, and finalizing the decision. Location analysis techniques covered include factor rating, center of gravity, and load distance methods.
Facility location
This document discusses factors that influence location decisions for industrial and service organizations. It describes three methods for solving location problems: the factor-rating method, locational break-even analysis, and the center of gravity method. The factor-rating method rates locations based on weighted, quantifiable and qualitative factors. Locational break-even analysis determines the lowest cost location based on fixed and variable costs for different production volumes. The center of gravity method identifies the optimal location of a single distribution center to minimize transportation costs based on existing market locations and shipping volumes.
5.4_LOCATION of business management unit 5
The document discusses factors that influence business location decisions. It provides examples of different types of businesses and factors they may consider, such as manufacturers, retailers, cafes, and international car manufacturers. Qualitative factors include management preferences, infrastructure, and regulations. Quantitative factors include cost of land, labor, materials, and incentives. The document also discusses definitions of outsourcing, offshoring, and insourcing. It emphasizes the importance of conducting an investment appraisal when making major location decisions.
Plant location and layout of an industry
This document discusses factors that affect the location decisions of different types of businesses. For manufacturing businesses, key factors include proximity to raw materials, markets, labor, transportation, and power sources. Retail businesses consider shopper traffic, nearby competitors, parking, and rent costs. A business may relocate due to expansion needs, rising costs, access to new markets or resources, or labor issues. For service businesses, customer convenience, availability of labor, and use of technology influence location selection. Location decisions impact long-term costs and require consideration of industry and economic conditions.
Country evaluation and selection of international business
This document outlines the steps involved in evaluating and selecting countries for international business opportunities. It discusses scanning for alternative locations, choosing and weighing variables like market size, costs and risks. Data is collected and analyzed using tools like matrices to compare countries. The key factors of market size, costs, risks, and competition are evaluated. A final country is then selected based on detailed estimates and consideration of undertaking the venture alone or with a partner. The overall process allows companies to systematically evaluate international opportunities and allocate resources efficiently.
Harward business review- What is strategy ?
1. Strategy involves performing different activities than competitors or performing similar activities in different ways to achieve a unique position. This requires trade-offs that limit what a company can do.
2. While operational effectiveness improves individual activities, strategy combines activities in mutually reinforcing ways. When activities fit together well, competitors cannot easily imitate the system.
3. Strategic positioning is more sustainable than pursuing only operational effectiveness, which drives all competitors towards similarity. Strategy creates fit among a company's tailored activities to produce advantages that are difficult for competitors to match.
MEC250-POM-Plant Location and Layout.pdf
This document discusses plant location and layout. It defines plant location as choosing the region and site for a business or factory after analyzing costs and benefits of alternatives. Key factors in selecting a location include transportation, raw materials, labor, market access, and infrastructure. The document also defines plant layout as arranging production facilities to achieve efficient workflow. Types of layouts include product layout, process layout, and combined layout. Product layout arranges machines in sequence of operations. Process layout groups similar machines together. Location and layout are important strategic decisions that influence production costs.
Plant layout imp
This document discusses plant location and layout. It defines plant location as choosing the region and site for setting up a business or factory after considering various costs and benefits. An ideal location minimizes costs while maximizing market access and profits. Key factors in selecting a location include transportation, resources, labor, infrastructure and incentives. Plant layout refers to arranging physical facilities within a factory to optimize workflow. The document describes different types of layouts like product, process and fixed position, and factors that influence layout decisions. An efficient layout minimizes costs while improving productivity, flexibility and worker conditions.
Similar to Plant location (20)
Plant Location - Influencing factors and Location Decision Process
Plant Location - Influencing factors and Location Decision Process
Country evaluation and selection - International Business - Manu Melwin Joy
Country evaluation and selection - International Business - Manu Melwin Joy
Country evaluation and selection of international business
Country evaluation and selection of international business
Recently uploaded
3 Simple Steps To Buy Verified Payoneer Account In 2024
Buy Verified Payoneer Account: Quick and Secure Way to Receive Payments
Buy Verified Payoneer Account With 100% secure documents, [ USA, UK, CA ]. Are you looking for a reliable and safe way to receive payments online? Then you need buy verified Payoneer account ! Payoneer is a global payment platform that allows businesses and individuals to send and receive money in over 200 countries.
If You Want To More Information just Contact Now:
Skype: SEOSMMEARTH
Telegram: @seosmmearth
Gmail: seosmmearth@gmail.com
Business storytelling: key ingredients to a story
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
How to Start Up a Company: A Step-by-Step Guide Starting a company is an exciting adventure that combines creativity, strategy, and hard work. It can seem overwhelming at first, but with the right guidance, anyone can transform a great idea into a successful business. Let's dive into how to start up a company, from the initial spark of an idea to securing funding and launching your startup.
Introduction
Have you ever dreamed of turning your innovative idea into a thriving business? Starting a company involves numerous steps and decisions, but don't worry—we're here to help. Whether you're exploring how to start a startup company or wondering how to start up a small business, this guide will walk you through the process, step by step.
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian Matka Indian satta Matka Dpboss Matka Kalyan Chart Matka Boss otg matka Guessing Satta How MJ Global Leads the Packaging Industry.pdf
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
Best Forex Brokers Comparison in INDIA 2024
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Company Valuation webinar series - Tuesday, 4 June 2024
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night How to Implement a Real Estate CRM Software
To implement a CRM for real estate, set clear goals, choose a CRM with key real estate features, and customize it to your needs. Migrate your data, train your team, and use automation to save time. Monitor performance, ensure data security, and use the CRM to enhance marketing. Regularly check its effectiveness to improve your business.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
Top mailing list providers in the USA.pptx
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Building Your Employer Brand with Social Media
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
Recently uploaded (20)
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdf
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....
Plant location
- 1. Plant Location By: Muzhgan Athaee Anshi Patle
- 2. Introduction Production is an analysis comprising of technical, financial, economic and market study before laying down a comprehensive business plan. For implementation of this plan, a manager has to take various crucial decisions regarding location of business as a plant should be located at an ideal place where both the cost of production and distribution is minimum.
- 3. Objectives • Describe the concepts of plant location and plant layout. • Identify the various factors to be considered for selection of plant location from state/area to the specific site. • Distinguish among the alternative patterns of plant layout. • Discuss the various factors influencing the choice of an initial layout and its subsequent modification .
- 4. What is Plant location • Plant location refers to the choice of region and the selection of a particular site for setting up a business or factory. • It is a strategic decision that cannot be changed once taken. • If at all changed only at considerable loss, the location should be selected as per its own requirements and circumstances. Each individual plant is a case in itself.
- 5. Definitions of Plant Location • According to Kimball: The most advantageous location is that at which the cost of gathering material and fabricating it plus the cost of distributing the finished product to the customers will be the minimum. • As per Spriegel and Lanshurg: PL is often the result of a compromise among conflicting social, economic, governmental and geographic consideration. • According to R.C.Davis: PL is the function where the plant should be located for maximum operating economy and effectiveness.
- 6. Need and Importance of Plant Location • Efficient and economical working of the business unit depends on its suitable site. • Appropriate decision regarding location of the business unit helps in the establishment of the firm with all the conveniences, smoothly, efficiency. • Wrong or defective location leads to wastage of resources, efforts and talents with consequent uncertainly in result.
- 7. What is an ideal location? • Businessman should try to make an attempt for optimum or ideal location. • An ideal location may not, by itself, guarantee success but it certainly contributes to the smooth and efficient working of the organization. • It is the place of maximum net advantage or which gives lowest unit cost of production and distribution. • For achieving this objective, small-scale businessperson can make use of locational analysis for this purpose.
- 8. • Locational analysis is a dynamic process where entrepreneur analyses and compares the appropriateness or otherwise of alternative sites with the aim of selecting the best site for a given enterprise. • It consists: • Demographic Analysis • Trade Area Analysis • Competitive Analysis • Traffic analysis • Site economics LOCATIONAL ANALYSIS
- 9. • Demographic Analysis: It involves study of population in the area in terms of total population in NO, age composition, per capita income, educational level, occupational structure etc. • Trade Area Analysis: It is an analysis of the geographic area that provides continued clientele to the firm. • Competitive Analysis: It helps to judge the nature, location, size and quality of competition in a given trade area. • Traffic analysis: The traffic analysis aims at judging the alternative sites in terms of pedestrian and vehicular traffic passing a site. • Site economics: Alternative sites are evaluated in terms of establishment costs and operational costs under this.
- 10. 0
- 11. Factors Effecting Plant Location Primary Factors • Supply of Raw-Materials • proximity to Markets • Availability of Labour • Transport Facilities • Supply of Power, Fuel & Water • Finance or Money or Capital Secondary Factors • Natural Factors or Suitability of Climate • Political Factors • Government or State Aid and Subsidies • Personal and Historical Factors • Momentum of an Early Start • Suitability to Decentralisation
- 12. Thank You!