Successful site selection requires attention to both qualitative and quantitative variables. Companies must take into consideration how the potential site’s attributes will affect ongoing costs, profits, product quality, logistics, and the supply chain.
Based on our experience, here are the 10 costliest errors that companies commonly make. These errors can severely and permanently compromise the competitiveness of an expansion or relocation and can cost tens or even hundreds of millions of dollars depending on the size of the project.