locating vs placement

locating and placement both are nouns.

Word	Noun	Adjective	Verb	Adverb
locating	Yes	No	No	No
placement	Yes	No	No	No

As nouns, locating and placement are synonyms defined as:

Other synonyms of locating include emplacement, location, position, positioning.

locating (noun)	placement (noun)
the act of putting something in a certain place	the act of putting something in a certain place
a determination of the place where something is	contact established between applicants and prospective employees
	the spatial property of the way in which something is placed