ADMS 3920 Lecture Notes - Lecture 8: Cloud Computing, Small Batch Whiskey, Electronic Data Interchange

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Adms 3920 lecture 8: chapter 13 friday, march 2, Inputs: example could be your knowledge, in retail: selling a product for a margin, we input the resource and finalize them to a finished good, conversion or transformation, outputs. Importance of location decision will vary as a function of the business model involved but can have long lasting implications vis- -vis: access, visibility, costs, flexibility. Initial location decision: subsequent location decisions result from, cost reduction efforts, market access, expansion. Location selection process: regional stage, community stage, site stage. Michael porter"s dia(cid:373)o(cid:374)d of (cid:374)atio(cid:374)al adva(cid:374)tage: firm strategy, structure and rivalry, factor conditions, related and supporting industries, demand conditions. Choosing a community (cid:862)the top te(cid:374)(cid:863: occupancy/construction costs, educated labor force, access to highways, access to primary markets, advanced energy and telecommunications systems, pro-business local government, property taxes, crime rate, corporate and business taxes. Site selection criteria: proximity of suppliers, transportation, labor supply, local business conditions, customer accessibility.

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