Impact Of Modern Logistics On Industrial Location Choice And Property Markets

(Cont.) Major findings from the China case studies include (1) modern logistics enable manufacturers to achieve cost reductions and service-level improvements simultaneously, and the impacts on their industrial location choice and space demand are consistent with the empirical findings of their U.S. counterparts; (2) with the expansion of globalization, advances in information technology, development of efficient markets, and increased demand from sophisticated customers, location choice and demand for industrial space will continue to be determined by the requirements of efficient supply chains.