What factors affect the plan location of a manufacturing business? (500 words)

- Explain the necessity of manufacturing company management to make a plan on how and where to find plants due to which the overall process of production may get better
- Provide information on the locational factors that influence to plant a location.
- Expenses (buying land and construction, labor costs, shipping costs, taxes and incentives)
- Accessibility is an important factor as it relates to both suppliers and customers while for transport routes it is a key determinant.
- It includes such in resources (labor availability, raw materials, utilities).
- Locality factors (rules, tax systems, a local labour force skillset)
- Provide 1-2 instances of companies relocating to a particular location upon account of specific factors.
- Ex. ABC Company based in an area with a high concentration of the special engineers helps in bringing in candidates with desired skills.
- Talk the comparison management has to as they make decisions as to which location factors they give priority to.
- Finally, wrap up the explanatory part by presenting major factors that determine a site of manufacturing plant location.