Facility Location

Facility location is the process of selecting the optimal place to set up a facility—such as a factory, warehouse, or store—to best serve customers and minimize costs. It involves analyzing factors like transportation expenses, land prices, labor availability, and access to markets. The goal is to find a location that balances these considerations to maximize efficiency, reduce time and expenses, and improve customer service. Essentially, it’s about strategically choosing a site that supports the overall success and competitiveness of a business.