Exception · capital impact
Customer Approval Delay
PE-10387 — Machined Valve Body
Operational issue
Owner: Engineering
Customer Approval dwell has exceeded the expected gate window.
Expected dwell4 days
Actual dwell2.4 days
Variance+-1.6 days
Causal chain
Operational state → capital consequence
- CUSTOMER APPROVAL DELAY
- PRODUCTION RELEASE DELAY
- PAYMENT MILESTONE DELAY
- LONGER CASH CONVERSION
- CAPITAL REMAINS TIED UP
Why this matters
This order cannot progress to the next release condition until the gate is cleared. The resulting dwell increases the amount of capital tied up before factory release, pushes the next payment milestone out by 0 days and extends the cash conversion cycle for the whole portfolio.
Recommended action
Obtain customer approval for drawing revision 04.
Capital at risk
£28,000
held in pre-production against this order
Order value£72,500
Deposit received£21,750
Next payment milestone£18,100
Projected milestone delay0 days
Current pre-production exposure£28,000