ISM Manufacturing Report - Buying Policy February 2011

Buying Policy

Average commitment lead time for Capital Expenditures increased 3 days to 108 days. Average lead time for Production Materials decreased 1 day to 56 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies decreased 4 days to 23 days.

Percent Reporting

Capital
Expenditures
Hand-
to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days
Feb 2011 32 7 8 18 24 11 108
Jan 2011 28 9 14 13 27 9 105
Dec 2010 28 9 15 14 24 10 105
Nov 2010 33 7 13 15 22 10 101
 

Production
Materials
Hand-
to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days
Feb 2011 15 38 26 13 7 1 56
Jan 2011 13 38 30 14 2 3 57
Dec 2010 16 39 26 13 5 1 52
Nov 2010 17 38 27 13 3 2 53
 

MRO
Supplies
Hand-
to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days
Feb 2011 51 36 10 2 1 0 23
Jan 2011 50 36 9 3 1 1 27
Dec 2010 44 41 9 5 0 1 28
Nov 2010 52 37 8 2 1 0 22

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