Selecting the right warehouse location for a business can have a significant impact on a company’s effectiveness, efficiency, and profitability.
First, a company must make a critical decision to lease or purchase a warehouse. Once that decision is made, selecting the right location will determine the company’s ability to compete in the marketplace and serve its customer base.
Review Location, Location, Location: Important Factors in Selecting a Warehouse’s Location for more information on physical distribution and warehouses.
Write a paper that covers the following topics:
Discuss the factors that will influence the decision to lease versus purchase a warehouse.
What strategy must a company take to decide upon the ideal warehouse location for optimizing business results?
How does warehouse site selection impact the design of a company’s supply chain? Provide a real-world example to support your analysis.