Facility Location and Logistics Management

Facility Location involves selecting strategic sites for warehouses, factories, or distribution centers to optimize operations, reduce costs, and better serve customers. Logistics Management focuses on planning, implementing, and controlling the efficient movement and storage of goods, services, and related information from origin to consumption. Together, they ensure products are produced and delivered efficiently, timely, and cost-effectively, balancing factors like proximity to suppliers and customers, transportation networks, and inventory management to support a company's overall supply chain strategy.