August 2011 Manufacturing ISM Report On Business®: Buying Policy

Buying Policy

Average commitment leadtime for Capital Expenditures increased 2 days to 114 days. Average leadtime for Production Materials decreased 3 days to 52 days. Average leadtime for Maintenance, Repair and Operating (MRO) Supplies increased 2 days to 26 days.

Percent Reporting

Capital
Expenditures
Hand-
to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days
Aug 2011 28 8 8 19 25 12 114
Jul 2011 30 9 10 15 23 13 112
Jun 2011 30 10 13 13 24 10 103
May 2011 30 9 11 16 24 10 104

Production
Materials
Hand-
to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days
Aug 2011 14 46 22 13 3 2 52
Jul 2011 16 38 27 12 5 2 55
Jun 2011 19 37 25 12 5 2 54
May 2011 15 36 28 12 6 3 61

MRO
Supplies
Hand-
to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days
Aug 2011 45 39 12 3 1 0 26
Jul 2011 44 43 9 4 0 0 24
Jun 2011 44 43 10 3 0 0 24
May 2011 46 37 13 2 1 1 28

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