placement vs location

placement and location both are nouns.

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

As nouns, placement and location are synonyms defined as:

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

placement (noun)	location (noun)
the act of putting something in a certain place	a point or extent in space; a point or extent in space
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	the act of putting something in a certain place
	a workplace away from a studio at which some or all of a movie may be made