The inability to bulk change site/location makes the location feature practically unusable. We would like to be able to use the location feature for clients with multiple sites as opposed to creating multiple customers but are unwilling to manually set this on an asset by asset basis or use the API.
Bulk options for this field is a must. Breaking down billing by site location is also needed but starting with the ability to set the site in a reasonable manner would be a good start.
Ability to search/filter by site location goes hand and hand with this as would adding a separate policy policy structure or ability to bulk move assets to a policy folder based on their site/location.
The site/location field is not very useful without any of these capabilities.