8 Location Planning and Analysis McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Discuss importance of location decisions. Discuss factors that influence location decisions. Discuss recent location trends. Use techniques to solve typical location problems: Cost-Profit-Volume Analysis. Center of Gravity Method. 8-2 Location Planning and Analysis Location planning is the determination of where to geographically locate your manufacturing or service facilities. Typically one of the most infrequent activities unless you work for a retail organization that is rapidly expanding (e.g. Starbucks) 8-3 Need for Location Decisions Marketing Strategy Cost of Doing Business Growth Depletion of Resources 8-4 Nature of Location Decisions Strategic Importance of location decisions Long term commitment/costs Impact on investments, revenues, and operations Supply chains Objectives of location decisions Profit potential No single location may be better than others Identify several locations from which to choose Location Options Expand existing facilities Add new facilities Move 8-5 Making Location Decisions Decide on the criteria Identify the important factors Develop location alternatives Evaluate the alternatives Identify general region Identify a small number of community alternatives Identify site alternatives Evaluate and make selection 8-6 Location Decision Factors Regional Factors Community Considerations Multiple Plant Strategies Site-related Factors 8-7 Regional Factors Location of raw materials Location of markets Labor factors Climate and taxes 8-8 Community Considerations Quality of life Services Attitudes Taxes Environmental regulations Utilities Developer support 8-9 Site Related Factors Land Transportation Environmental Legal 8-10 Multiple Plant Strategies Product plant strategy Market area plant strategy Process plant strategy 8-11 Service and Retail Locations Manufacturers – cost focused Service and retail – revenue focused Traffic volume and convenience most important Demographics Age Income Education Location, location, location Good transportation Customer safety 8-12 Comparison of Service and Manufacturing Considerations Table 8.2 Manufacturing/Distribution Service/Retail Cost Focus Revenue focus Transportation modes/costs Demographics: age,income,etc Energy availability, costs Population/drawing area Labor cost/availability/skills Competition Building/leasing costs Traffic volume/patterns Tax rebates and other incentives Customer access/parking 8-13 Trends in Locations Foreign producers locating in U.S. “Made in USA” Currency fluctuations Just-in-time manufacturing techniques Microfactories Information Technology 8-14 Global Locations Reasons for globalization Benefits Disadvantages Risks Global operations issues 8-15 Globalization Facilitating Factors Trade agreements Technology Benefits Markets Cost savings Legal and regulatory Financial 8-16 Globalization Disadvantages Transportation costs Security Unskilled labor Import restrictions Criticisms Risks Political Terrorism Legal Cultural 8-17 Evaluating Locations Cost-Profit-Volume Analysis Determine fixed and variable costs Plot total costs Determine lowest total costs 8-18 Location Cost-Volume Analysis Assumptions Fixed costs are constant Variable costs are linear Output can be closely estimated Only one product involved 8-19 Example 1: Cost-Volume Analysis Fixed and variable costs for four potential locations L o c a tio n A B C D F ix e d C ost $ 2 5 0 ,0 0 1 0 0 ,0 0 1 5 0 ,0 0 2 0 0 ,0 0 0 0 0 0 V a r ia b le C ost $11 30 20 35 8-20 Example 1: Solution Fixed Costs A B C D $250,000 100,000 150,000 200,000 Variable Costs $11(10,000) 30(10,000) 20(10,000) 35(10,000) Total Costs $360,000 400,000 350,000 550,000 8-21 Example 1: Solution $(000) 800 700 600 500 400 300 200 100 0 0 D B C A A Superior C Superior B Superior 2 4 6 8 10 12 14 16 Annual Output (000) 8-22 Center of Gravity Method Used to determine location when minimizing shipping costs or travel time is the primary objective. 8-23 Center of Gravity Method Identify destinations using a coordinate system (x and y axis). y axis 6 5 (4,5) 4 3 (2,3) 2 (5,2) 1 (1,1) 1 2 3 4 5 6 x axis If all weights are equal then: x x i n y y i n (1 2 4 5) 3 4 (1 3 5 2) 2.75 4 8-24 Center of Gravity Method Identify destinations using a coordinate system (x and y axis). y axis Destination Number of Trips (1,1) 10 (2,3) 20 (4,5) 30 (5,2) 20 6 5 (4,5) 4 3 (2,3) 2 (5,2) 1 (1,1) 1 2 3 4 5 6 x axis If all weights are not equal then: x Q 1(10) 2(20) 4(30) 5(20) 270 x 3.375 10 20 30 20 80 Q y Q 1(10) 3(20) 5(30) 2(20) 260 y 3.25 10 20 30 20 80 Q i i i i i i 8-25