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Large and Small Companies Consider Three L's
What factors must a small company consider regarding logistics and relocation that a large company does not? And vice versa?
 

Tim Feemster, Managing Principal, Foremost Quality Logistics
There is not a nailed down set of site selection factors that a small company or a large company must consider. For the most part, large and small companies will consider similar site selection factors. The difference will be in how they evaluate those factors and what importance they place on those factors. Regardless of the size of the company, consideration should be given to how the factors will affect the company's strategy, overall network design, and desired outcomes. And again, both large and small companies cannot escape the three Ls - logistics costs, labor and love - when deciding where to locate.
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About the Author

Tim Feemster, Managing Principal, Foremost Quality Logistics
Over 35 years of experience have provided Tim Feemster, Managing Partner, Foremost Quality Logistics, with a variety of problem solving situations in real estate, transportation, logistics, and distribution. Tim is quoted frequently in the industry press and makes over 20 presentations a year to professional organizations. Before starting FQL Logistics, Feemster was a senior manager in three manufacturing companies, a consultant, an executive in two 3PL logistics providers, and a Practice Group leader two real estate companies. Feemster has been responsible for transportation & warehouse operations, real estate site selection, economic development strategy consulting, strategic planning, and lean quality management. Feemster holds an M.B.A. in Marketing from the Ross School of Business, University of Michigan in Ann Arbor and a B.A. in Mathematics from DePauw University in Greencastle, Indiana. Feemster is an active member in the Warehouse Education and Research Council (WERC.org), where he is Past President; Council Supply Chain Management Professionals (CSCMP.org); Industrial Asset Management Council (IAMC); Intermodal Association of North America (IANA.org), International Association of Refrigerated Warehouses (IARW), and the International Council of Shopping Centers (ICSC.org). He is also a member of the Board of Directors for the Trade Data Exchange (TDE) Corporation.

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