Research On The Relocation Location Of LF Company's Medical Instrument Factory

With the world market changing from relatively stable in tradition to dynamically changeable, the social, economic, environment and customers' needs faced by the enterprises have experienced obvious changes. Enterprises not only need to meet the customers' demand of timely and accurate delivery, but also need to maintain a relatively low cost under the premise of ensuring the products' quality. Enterprises will choose the production base and supply and distribution center near customers, or take advantage of regional demographic dividend to cut the daily operational expenses of transportation, stora ge and labor cost.As an important part in value chain, the site selection of modern factory is a significant decision not only related to industrial layout and economic benefits, but also related to multiple factors in economic benefits and non-financial benefits. Thus, the site selection should be based on the comprehensive evaluation of various contributory factors. In addition, site selection is also an important part in enterprise construction, concerning the enterprises' long-term operational rationality and future development.As the manufacturer of domestic first batch of medical instrument, having experienced the pains of reform and development, the LF Company has grasped the advantages during the period of demographic dividend, regained vitality so on through importing and innovating products and technologies, and expanded to the overseas market. But due to the limitation of factory's objective conditions, it cannot meet the growing demand of customers and is in urgent need of enlarging production capacity. Thus, the site selection of the medical instrument factory is being planned in order to achieve further breakthroughs.Taking the LF Company's present conditions and the analysis of domestic and overseas market as the starting point, the article makes a preliminary assessment of the feasibility of the medical instrument factory's relocation by analyzing the product market and the products' economic benefits, and strives to resolve the development bottleneck of LF Company through a scientific and reasonable relocation; construct an overall evaluation index system on the basis of the objectives, principles and contributory factors of LF Company's relocation; finally construct the evaluation model of the site selection using factor analysis method and fuzzy mathematics, and quantify the weight of various indexes one by one. Therefore, we can evaluate the alternatives and acquire the best site selection. We should strive to make the product output meets the demand of customers, thus greatly enhancing the sales of LF Company and gaining more profits.On the basis of consulting a lot of literature on site selection, and combing the immediate needs and limitations of LF Company's medical instrument factory itself, we research on the site selection of LF Company's medical instrument factory. The method used is not only comprehensive, having taken various factors into consideration, but is easy to calculate as well, and it can be widely applied in similar site selections.