Overview: The milestone assignments in this course directly support you in the completion of your final project, a location justification report.Company is Caterpillar and country is South KoreaPrompt: In this third milestone assignment, you will continue your research on the selected international location by recommending warehousing strategies and quality best practices for manufacturing and warehousing, justifying your recommendations.Responding to the following guided questions will help you begin to develop ideas about course concepts in relation to the Warehousing Strategies critical elements within your final project.Specifically, the following critical elements must be addressed:I. Warehousing Strategies: In this section, you will recommend warehousing strategies that promote cost savings of the new facility and meet customer needs in your recommended location.A. Cost savings: What industry standard methods would you recommend your organization implement to most efficiently operate its warehouse? How would your approach impact cost savings in the organization?B. Customer needs: How would the methods you recommended meet customer needs at the new facility location? What are some specific examples of how these methods would meet the needs of customers?C. Same location: What are the benefits of having the warehouse in the same location as the manufacturing facility? How would this promote cost savings and help meet customer needs?Rubric Guidelines for Submission: Your assignment should adhere to the following formatting requirements: Write 3 to 4 double-spaced pages using 12-point Times New Roman font and one-inch margins. You should use current APA style guidelines for your citations and reference list.