🇦🇺Australia

Lost Contracts from Delayed FAI Approvals

2 verified sources

Definition

FAI approval is required to start series production; failures or delays in plastics manufacturing lead to idle equipment and lost sales opportunities with OEM buyers.

Key Findings

  • Financial Impact: AUD 20,000-100,000 per delayed contract (lost revenue from 2-4 week production halts)
  • Frequency: Per major client order (1-4 times/year)
  • Root Cause: Manual FAIR documentation, non-conformance resolution delays, poor change tracking

Why This Matters

The Pitch: Plastics suppliers in Australia 🇦🇺 forfeit AUD 50,000+ deals annually due to FAI delays. Digital FAI workflows secure approvals 50% faster.

Affected Stakeholders

Sales Managers, Account Executives, Project Managers

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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