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In: Operations Management

Please write half a page (2 full paragraphs): List five major reasons why a new electronic...

Please write half a page (2 full paragraphs): List five major reasons why a new electronic components manufacturing firm should move into your city or town?

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Expert Solution

Q: Please write half a page (2 full paragraphs): List five major reasons why a new electronic components manufacturing firm should move into your city or town?

Location is an important factor for the manufacturing and stability of the business, because of the availability of raw material, transport connectivity. Its's all help to decide the best location for the business. So every company should deeply analyze and understand the requirement of the organization and availability at the location. Many companies change their location from one place to another. let's understand the major reason would be for entering new electronic components manufacturing firms enter our city.

1. Availability of Skilled labor & Engineers

Skilled Labour is the need of every Manufacturing firm, electronic components manufacturing firm also need skilled labor and engineers for the production of components, our city is nearest to Engineering University that's help to get the fresh talent. Labor from the rural area of the city. It will help to complete the staff need of the company.

2. Direct Connectivity with market

The second important thing for the firm is to the connectivity of the market, in the city, there is the direct connectivity of the market to the firm that helps to sale their components with quick time and help to generate revenue for the business.

3. Availability of Raw Material Supplier

Availability of Raw Material supplier is the need of a firm, the city already having the wholesale components supplier that will help the business to grab the opportunity of cheap price components and help to reduce the cost of production for the Manufacturing Firm.

4. Connectivity of Network and Transport

Connectivity of Networking like Internet and Telecommunication is important for Electronic Components for connecting the parts and using software for the Business. Transport is the key to success for a business that helps to move the parts from firm to market. The city includes Railway and Road Connectivity which help to boost the business.

5. Government Support

City Government is supportive and friendly towards the new business. It helps to get the chance to grow and develop the business. Every factor, government support is most critical for the success of the business. City Goverment is always supportive of New Business that helps to employment for the city.

In short, we can say that the above-mentioned points help to change the location of Electric Components Manufacturing firm to enter the city to reduce their cost as well as improve the profitability of the firm.

All the very Best


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