Importance of Plant Location : Proximity to Port for Reduced Operational Costs
The importance of plant location in the global supply chain cannot be overstated. A company’s decision to locate its production facility near a port can have a tremendous impact on operational costs. In particular, locating close to a port offers advantages in terms of reduced transportation and storage costs, quicker loading and unloading times, and better access to international markets. Quite simply, proximity to port is one of the most important factors when it comes to optimizing business operations in a increasingly competitive global market.