Location Analysis Using Data Analytics
For companies relocating or expanding, spatial analysis tools such as GIS
for mapping and analysis have become indispensible. By performing
multivariate analysis on a number of critical location parameters, this
approach can provide a level of site selection accuracy that is unmatched
with any other technology.
A Single-Pass Opportunity
Siting and location projects are among the most important and
far-reaching decisions a company makes. They involve commitments to
personnel (new hires and staffing re-allocations), physical asset
acquisition, disposition, and investment, and significant collateral
expenses. If the decision process is flawed, the options for salvaging the
outcome are limited.
Location analysis using data analytics
provides a multidimensional view of the numerous elements and factors that
comprise location selection decisions. Often companies with several
locations not seeking to move or expand employ GIS to optimize their
existing multi-location operations. The outcome of such a project may
include shifting certain operations among locations, or consolidating
operations that the analysis demonstrates can eliminate redundant functions.
As one of the data visualization tools in Applied Data's suite of
capabilities, we offer GIS-centric expansion, relocation and operational
optimization assessment services.
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