Exception · capital impact
Customer Approval Delay
PE-10399 — Precision Gearbox Housing
Operational issue
Owner: Customer
Customer Approval dwell exceeded expected gate window
Expected dwell3 days
Actual dwell6.9 days
Variance+3.9 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 4 days and extends the cash conversion cycle for the whole portfolio.
Recommended action
Obtain customer approval for drawing revision 04.
Capital at risk
£16,900
held in pre-production against this order
Order value£37,800
Deposit received£11,350
Next payment milestone£9,500
Projected milestone delay4 days
Current pre-production exposure£16,900