Importance of location planning Location planning decisions are real of import for all types of job concern units. This is because it affects the cost, selling price, in addition to need of the product. It is a non-recurring heavy expenditure. Large companies accept the assist of dissimilar professionals similar lawyers, accountants, environmentalist, etc. for selecting the proper location of plant. Following picture lists 8 points that choose out importance of location planning. Image credits © Prof. Mudit Katyani. There is a require or importance of location planning because it aids in: Expansion, Cost advantages, Discovery of raw-material, Additional facilities, Mergers, Political in addition to social changes, Increasing production demand, and Avail taxation benefits. Now let's speak over to a higher house points highlighting importance of location planning. Expansion : If the companionship wants to expand in addition to diversify its activities, it volition possess

Factors Affecting Plant Location Plant location must move selected properly past times entrepreneurs piece planning to fix their business units. While taking such a decision, they must regard some of import factors. The next picture depicts of import factors affecting a constitute location. Image credits © Prof. Mudit Katyani. The 10 primary factors that touching a constitute location are every bit follows: Law as well as monastic enjoin situation, Availability of infrastructure facilities, Good industrial relations, Availability of skilled workforce, Social infrastructure, Investor friendly attitude, Nearness to market, Nearness to raw-materials' source, Nearness to supportive industries as well as services, and Must encounter security requirements. Now let's speak over to a higher house factors affecting the location of a plant. 1. Law as well as monastic enjoin situation Plant location must move at that house where police delineate as well as monastic enjoi

Factors that ship on productivity The next nautical chart shows viii factors that ship on productivity . Image credits © Prof. Mudit Katyani. The viii master copy factors that ship on productivity are: Technical factors, Production factors, Organizational factor, Personnel factors, Finance factors, Management factors, Government factors, and Location factors. Now let's hash out briefly inward a higher house listed of import factors that ship on productivity. Technical factors : Productivity largely depends on technology. Technical factors are the most of import ones. These include proper location, layout too size of the establish too machinery, right pattern of machines too equipment, query too development, automation too computerization, etc. If the organisation uses the latest technology, thus its productiveness volition live on high. Production factors : Productivity is related to the production-factors. The production of all departments should live on properly plann