Mmc Footprint Strategy Pdf Download
Laraematerre8or Nogoda
This article expects some level of understanding of how to read a footprint chart. If you are new to footprint, I recommend you to follow the links from the introduction of the post. For those that are a bit familiar with a footprint, a short recap.
Footprint represents a view into a bid x ask interaction for each price. For every price, buyers and sellers transact with each other. The function of a footprint is to give you an insight into how much volume has been transacted at the side of the buyer and on the side of the seller. Understanding the footprint dynamics can give you an edge into when to act and when not to act at the micro-level. This is crucial for precision entries and optimizing your stop-placement.
Since markets are fractals, footprint property is the same one as the property of volume profile but just at the lower scale with more detailed insight. What do we mean by that? Imagine a strong move up (see picture below). As the move goes up, some short-term shorts are forced to liquidate. In the volume profile terminology, a P shape is created. The same applies to the footprint, just at the lower scale. Now, given other tools like price ladder and general market profile landscape, you can monitor where the footprint starts to absorb volume into the top of the P shape and place its stop below the edge (assuming you are getting long, you want to get as close as possible to low volume node, the bottom of the bulked volume at the top of P).
Now, looking at the footprint, the market basically created a double distribution move on a smaller scale and you can use the understanding of where the volume is forming in real-time to manage your risk and place your trade.
Here is another look at the footprint chart. In this case, we are looking at Bonds. Bonds in general are thicker markets. A lot of volume is exchanged between buyers and sellers therefore they tend to move less than other thinner markets like Gold. This is important. This dictates how volatile the actual market is. If we are aware of this, we can use that information in our favor. Any point of reversal can be our signal to start observing the footprint and watch for the volumes being exchanged. When we spot that one price is exchanging very large volume and the other has no interest to exchange much of a size, this can be our trigger signal, that directionally that size is weaker and use it to our advantage.
Down below is the overall view of a candlestick chart (left) and footprint chart (right). We can see, that our bear zone (pink zone on the left side of the image) had a nice confluence with our access signal that we have explained above.
Although this is not necessarily a strategy on its own, using color coding/color highlighting can be very beneficial. Why? If you can make the volume delta stand out, your eyes can pick up the change much easier and give you extra confidence that this is the spot, where things are changing. Seeing this action can give you extra precision in your stop placement. In the image below, you can see, how after the larger drop on a tighter volume (pale gray and pink colors), green and red appeared highlighting increased volume delta with green color representing buyers being aggressive and red color representing sellers being aggressive. This aggression stood out much more than in all other previous prices in this instance aka rotation. In general, the multiple red-colored boxes after a large move down represent an absorption. Buyers were willing to passively absorb the aggressiveness of sellers. An ideal time for reversal when other clues aligned. What happened next is clear from the chart. This could have been one of many clue, to get long.
That is all for now. There is one important takeaway: footprint can give you precision in your access and stop placement. As always it is about combining the right tools together to gain the biggest possible advantage in the market.
For example, a fashion retailer sources garments from a textile manufacturer in India, which are shipped to Europe by a shipping company. The end consumer would like to know the overall carbon footprint of the garment they buy. Calculating this footprint depends on multiple factors, including the Scope 1, 2, and 3 emissions of the textile manufacturer, the shipping-by-ocean freight, the transport to the retail store, and potentially other intermediary parties.
For some time now, globalization and technical progress have created a volatile business environment for manufacturing companies. Lately, market volatility has been further aggravated by acute crises such as Covid-19 and the war in Ukraine, all contributing to making the environment even more challenging. On many levels, this dynamic situation influences the way companies need to set up their footprint to cope with the changing demands.
In factory planning, many principles to cope with volatility were defined in the 2010s. All these capabilities aim at making the factory's assets and resources capable of adopting to changing conditions. It is time now to also apply them on the production footprint level:
Manufacturers frequently have to evaluate whether their production facilities are based in the locations that best serve all of their needs. In this report, we lay out a process for determining the optimal manufacturing footprint.
To illustrate the process, we will focus on a sector that is facing increasingly tough choices about its manufacturing footprint: the suppliers of automotive interior components, and specifically those in Europe. It is becoming costly for these suppliers to operate production facilities in Western Europe, and as a result many are moving more of their operations to Eastern Europe.
However, an operational decision like this should reflect a number of factors. These include ease of transportation, engineering and sourcing availability, the current and future plans of car producers, the partnership potential, and the high costs of restructuring, especially in Western Europe. Underlying all of these is the competitive factor: How can a company design its manufacturing footprint, often against just a few competitors, to ensure it remains in the front of the pack?
One critical factor is competitive location. There are costs involved in any manufacturing footprint. A company needs to position itself with regard to its suppliers and customers, so that location becomes a source of competitive advantage; at the same time, it needs to remain flexible enough to adapt to changing conditions.
Manufacturing footprints are typically structured according to one of five geographic alternatives. Each alternative signifies a different trade-off between production scale and logistics cost and time.
TIJUANA, Mexico, July 5, 2023 /PRNewswire/ -- Sercomm Corporation (TWSE:5388), a leading global manufacturer of telecom and broadband equipment, unveils its state-of-the-art manufacturing facility in Tijuana, Mexico. This new facility marks a significant milestone in Sercomm's glocalization strategy and reinforces its commitment to meeting customer demands in the North America and LATAM markets.
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