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Plant location

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The document discusses the best site selection for a plant by analyzing various locational factors. It outlines several criteria to consider when evaluating potential sites including demographic analysis of the local population, analyzing the trade area to ensure it can support the business, competitive analysis of other businesses in the area, traffic analysis to determine potential customer access, and site economics to evaluate establishment and operational costs. Additional selection criteria mentioned include natural conditions, access to raw materials, transportation costs, access to markets, availability of labor, proximity to financial institutions, links to other industrial areas, safety and security considerations, and entrepreneur residence.

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A REPORT ON BEST SITE SELECTION OF PLANT PREPARD BY:SIDDHARTH PATEL KRUNAL PATEL
Every company is faced with the problem of deciding the best site for location of his plant or factory. What is plant location? Plant location refers to the choice of region and the selection of a particular site for setting up a business or factory.
BEST SITE SELECTION OF PLANT LOCATIONAL ANALYSIS: SELECTION CRITERIA:
LOCATIONAL ANALYSIS Demographic Analysis: Trade Area Analysis: Competitive Analysis: Traffic analysis: Site economics:
Demography It involves study of population in area in terms of total population of area, composition, per capita income etc.
Trade area It is analysis of the geographic area that provides all requirement. He also see that feasibility of accessing the trade area from alternative site.
Competitive it helps in judge the nature, location, size and quality of competitive in given trade area.
Traffic To have a rough idea about the no. of potential customer passing by the propose site during the working hours of the shop. Traffic analysis aims at judging the alternative site in terms of pedestrian and vehicular traffic passing a site.
Site Alternative site are evaluated in terms of establishment costs and operational costs under this.
SELECTION CRITERIA Natural or climatic conditions. Availability and nearness to the sources of raw material. Transport costs-in obtaining raw material and also distribution or marketing finished products to the ultimate users. Access to market: small businesses in retail or wholesale or services should be located within the vicinity of densely populated areas.
Availability of skilled and non-skilled labour and technically qualified and trained managers. Banking and financial institutions are located nearby. Locations with links: to develop industrial areas or business centers result in savings and cost reductions in transport overheads, miscellaneous expenses.
Strategic considerations of safety and security should be given due importance. Residence of small business entrepreneurs want to set up nearby their homelands.
THANK YOU

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Plant location

  • 1. A REPORT ON BEST SITE SELECTION OF PLANT PREPARD BY:SIDDHARTH PATEL KRUNAL PATEL
  • 2. Every company is faced with the problem of deciding the best site for location of his plant or factory. What is plant location? Plant location refers to the choice of region and the selection of a particular site for setting up a business or factory.
  • 3. BEST SITE SELECTION OF PLANT LOCATIONAL ANALYSIS: SELECTION CRITERIA:
  • 4. LOCATIONAL ANALYSIS Demographic Analysis: Trade Area Analysis: Competitive Analysis: Traffic analysis: Site economics:
  • 5. Demography It involves study of population in area in terms of total population of area, composition, per capita income etc.
  • 6. Trade area It is analysis of the geographic area that provides all requirement. He also see that feasibility of accessing the trade area from alternative site.
  • 7. Competitive it helps in judge the nature, location, size and quality of competitive in given trade area.
  • 8. Traffic To have a rough idea about the no. of potential customer passing by the propose site during the working hours of the shop. Traffic analysis aims at judging the alternative site in terms of pedestrian and vehicular traffic passing a site.
  • 9. Site Alternative site are evaluated in terms of establishment costs and operational costs under this.
  • 10. SELECTION CRITERIA Natural or climatic conditions. Availability and nearness to the sources of raw material. Transport costs-in obtaining raw material and also distribution or marketing finished products to the ultimate users. Access to market: small businesses in retail or wholesale or services should be located within the vicinity of densely populated areas.
  • 11. Availability of skilled and non-skilled labour and technically qualified and trained managers. Banking and financial institutions are located nearby. Locations with links: to develop industrial areas or business centers result in savings and cost reductions in transport overheads, miscellaneous expenses.
  • 12. Strategic considerations of safety and security should be given due importance. Residence of small business entrepreneurs want to set up nearby their homelands.