Critical Site Location Factors for Automotive Suppliers
As the economy recovers, many OEMs are building or expanding, giving suppliers tremendous new opportunities.
The challenge, however, is finding new sites that will optimize operational efficiency and generate the best financial return.
The outlook for automobile and parts manufacturers will be strong this year and well beyond, with a nine percent increase expected for 2015, according to the MAPI Foundation. As more people buy vehicles post-recession and new innovations come online, it’s a thrilling time for the industry.
Automotive suppliers must be ready to meet growing demand, while focusing on how to best achieve financial and operational goals. It’s important for industry executives to implement smart site searches that consider key location factors.
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