Technomic Asia offers holistic support for its clients in all phases of both site selection and early implementation phases.
Key features of our process include…
- Any site selection decision will be the result of both qualitative and quantitative factors. We help companies bring some process to this so that true comparisons can be made looking at all the available factors.
- Our site location, real estate and investment incentives negotiations methodology is an integrated process to get the best combination of the optimal location and the most attractive package of incentives available.
- We understand that the right location decision can have a profound effect on a corporation’s success at meeting its strategic, financial, and operational objectives and that determining the optimal locations to establish business operations can be a daunting task in China.
- The rigorous, analytical, and objective location screening process we will employ uses proven techniques that have been developed and refined over years of practical application.
- Confidentiality and the appropriate time at which to reveal the client’s name will be extremely important for successful site selection and negotiations.
- We often combine this site selection process with a first pass view of the economics providing “straw man” cost models for the different final zones under consideration.
Our approach covers all relevant factors in the location decision, customized to our client’s situation, e.g.:
A typical process follows the phases outlined below:
We approach site selection cautiously, considering lessons learned and with extensive due diligence.
- Our site location methodology is oriented to identify locations that meet the long-term operational and financial requirements of our clients.
- We avoid the “herd” mentality that causes many foreign investors to locate their operations in popular fast growing areas, which frequently suffer from high employee turnover, above average wage inflation, lack of government support, wastewater issues, power shortages and congested traffic.
- We base as much of the analysis as possible on primary field research and on- site discussions and review.