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How important is it to strategically place the warehouses? What elements are involved to make the decision where a warehouse should be located?
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https://brainmass.com/business/business-management/strategically-place-warehouses-292991
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Questions: How important is it to strategically place the warehouses? What elements are involved to make the decision where a warehouse should be located?
Problem: It is very important to strategically place the warehouses. One reason is that as strategically placed warehouse can reduce the delivery time and can give competitive advantage. Another reason is that a strategically placed warehouse can reduce costs of transportation substantially, a well-located warehouse can make it possible to purchase raw materials at a time when its prices are lowest. On the other hand, a well-located warehouse can help reduce inventory-carrying costs to the minimum. It is very important to strategically …
