Site Selection Methodology
Project Team.
Typically including representatives from executive team, business unit, logistics, accounting/tax, HR, and others.
Project Requirements.
Defined by industry. The project team to identify key dates, employee skill requirements, projected headcount, desired labor rates, capital investment, accessibility to customers and suppliers, real estate needs, and infrastructure requirements.
Modeling Relevant Data
Based on meaningful data: workforce, infrastructure, logistics, business climate, economic incentives, and real estate market analysis of candidate locations.
Site Selection Milestones
Logistics and Transportation
Lead Times, installed capacity, Supply Chain Analysis and other data.
Demographics analysis
Labor requirements, Educational Institutions, technical formation.
Real Estate Capacity
Industrial space and installed city services. Local tax and incentives.
Safety and Quality of Life
KPI include wealth, employment, health, education, and leisure time
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