Exception · capital impact
Drawing Approval Blocked
PE-10449 — Spindle Carrier Assembly
Operational issue
Owner: Customer
Drawing approval outstanding — customer design freeze pending
Expected dwell3 days
Actual dwell11.4 days
Variance+8.4 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 12 days and extends the cash conversion cycle for the whole portfolio.
Recommended action
Obtain customer approval for drawing revision 04.
Capital at risk
£39,800
held in pre-production against this order
Order value£117,600
Deposit received£35,280
Next payment milestone£29,400
Projected milestone delay12 days
Current pre-production exposure£39,800