placement vs locating

placement and locating both are nouns.

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

As nouns, placement and locating are synonyms defined as:

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

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