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strategically place the warehouses

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Please help answer the following questions. Provide at least 300 words int he solution.

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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The following posting helps with a business management problem. It discusses the importance of strategically placing the warehouse and the elements involves in making the decision where a warehouse should be located. The explanation is given in 329 words.

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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 ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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