Individual project unit 4 : 3–5 pages (not including cover page and | SCM310 Material and Inventory Management | Colorado Technical University

Unit 4 – Individual Project (125 points)

Due: Sun, Aug 20 |Printer Friendly Version

Description

Selecting the right warehouse location for a business can have a significant impact on a company’s effectiveness, efficiency, and profitability.

First, a company must make a critical decision to lease or purchase a warehouse. Once that decision is made, selecting the right location will determine the company’s ability to compete in the marketplace and serve its customer base.

Review Location, Location, Location: Important Factors in Selecting a Warehouse’s Location for more information on physical distribution and warehouses.

Write a 3–5-page paper that covers the following topics:

• Discuss the factors that will influence the decision to lease versus purchase a warehouse.
• What strategy must a company take to decide upon the ideal warehouse location for optimizing business results?
• How does warehouse site selection impact the design of a company’s supply chain? Provide a real-world example to support your analysis.