Lead Time Expectations Clause Samples

Lead Time Expectations. SSCI shall actively work with its suppliers to continually reduce component and in-house process lead times. Additionally, SSCI will provide a tracking report on component lead times on a quarterly basis. Such report will reflect the number of part numbers with lead time in thirty (30) day increments. As components with lead-times beyond eight-week liability period detailed with Section 6.2 above are identified they will be submitted to McDATA, with sufficient details for approval to purchase quantities beyond forecasted requirements. Upon approval, part numbers, quantities, and cancellation lead times shall be added to a long lead-time list of components for which SSCI is authorized to purchase the identified quantity at lead-time, in addition to rolling forecasted requirements. McDATA’s liability for long lead time items shall be subject to the terms set forth in Section 6.7.4. Such list will be published by SSCI on a monthly basis.

Lead Time Expectations. SCI shall actively work with its suppliers to continually reduce component and in-house process lead times. Additionally, SCI will provide a tracking report on component lead times on a quarterly basis. Such report will reflect the number of part numbers with lead time in thirty (30) day increments.

Lead Time Expectations. SSCI shall actively work with its suppliers to continually reduce component and in-house process lead times. Additionally, SSCI will provide a tracking report on component lead times on a quarterly basis. Such report will reflect the number of part numbers with lead time in thirty (30) day increments. As components with lead-times beyond Product forecast are identified they will be submitted to McDATA, with sufficient details for approval to purchase quantities beyond forecasted requirements. Upon approval, part numbers, quantities, and cancellation lead times shall be added to a long lead-time list of componentsfor which SSCI is authorized to purchase the identified quantity at lead-time, in addition to rolling forecasted requirements McDATA's liability for long lead time items shall be subject to the terms set forth in Section 6.9. Such list will be published by SSCI on a monthly basis. SSCI will notify McDATA of risk buys required to support new product introduction activity and initial product launch requirements. Subject to McDATA's approval and authorization, these components will be subject to a [***] ([***]) [***]carrying charge, for on-hand inventory aged over [***] days from receipt.