Currency - Base currency moves from EUR to USD and THB throughout. Rates at 5 Aug 2026: 1 USD = 33 THB, 1 EUR = 1.155 USD, 1 GBP = 1.35 USD. EUR/THB lands at ~38, so existing THB research needed no change. - Vendor quotes keep their original currency with a USD/THB equivalent alongside, so they stay checkable against the source PDFs. - Full vision ~4.7-8.9M USD; phased entry ~1.7-2.9M USD. New documents - production-timeline.md: order turnaround stage by stage. Launch 8-14 weeks, mature 5-10, repress 2-3. Quantifies the in-house galvanics turnaround claim the repo had asserted without a number, and flags artwork as an unmodelled fourth approval gate. - project-timeline.md: calendar to first paying release, ~Q4 2028. Critical path is BOI certificate to press order to build to commissioning. Two findings: Newbilt build time is absent from the repo yet carries ~40% of the schedule, and the BOI rule may be over-serialised since duty exemption attaches at importation rather than at contract signature. First market data (ResurRec, Bangkok) - Invoice-derived prices, a factory tour, and a confirmed fleet of one Newbilt Classic 12" automatic plus one semi-automatic. - Price ladder recorded at 300/500/1000-3000/3000+ units. Decomposes to roughly 34-50k THB fixed per title and 535-780 THB variable per unit, which is 4-7x the price this model assumes. - The incumbent presses 230-350k records/yr but buys every stamper as an import. That single constraint plausibly explains their 150-unit floor, their flat discount ladder and their large-run lead time, and it is what an in-house galvanics line attacks. Logged as an open question on whether galvanics should move from phase 5 to phase 1. - Inferences are marked as inferences; the whole set is one buyer and one plant, and the model is deliberately left unrebased until a second data point exists. Corrections - Gross margin arithmetic did not follow from its own inputs. Restated as ~1.95 USD at the midpoint with the 0.75-3.15 spread shown; the previous "40 to 55%" was not supported. - Direct cost low total 1.50 to 1.45 USD; contingency THB high 40M to 38M. - README indexes the construction RFQ, which was missing.
219 lines
11 KiB
Markdown
219 lines
11 KiB
Markdown
# Production Timeline: Order to Delivered Record
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How long an order actually takes, stage by stage. This is the time
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dimension of [process-flow.md](process-flow.md), which lists all nine
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stages and every check but no durations.
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The repo asserts turnaround as the core regional advantage in four
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places — "competes on turnaround and freight against EU/US plants",
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"in-house galvanics removes days of turnaround", "validate turnaround
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against the regional pitch", "get a written turnaround SLA" — without
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ever putting a number on it. This page puts numbers on it so the claim
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can be tested at Making Vinyl instead of repeated.
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**Every figure is an estimate** from industry norms and this repo's own
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equipment data. Nothing is vendor-confirmed and no order has ever run
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through this plant. Durations are **working days** unless stated;
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divide by 5 for weeks, and note that Thai public holidays run to
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16–20 days a year, clustered heavily around Songkran in April.
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## The headline
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| Configuration | Plant-controlled | Including customer gates |
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|---|---|---|
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| **Launch** (bridge stampers, no in-house cutting or galvanics) | ~21–39 days | **~8 to 14 weeks** |
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| **Mature** (full chain in-house) | ~14–20 days | **~5 to 10 weeks** |
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| **Repress** from an archived mother, no changes | ~7–11 days | **~2 to 3 weeks** |
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Reported EU/US plant lead times currently run roughly **10 to 16 weeks**
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for a standard black LP, down from the 6-to-9-month peak of 2021–22. An
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Asian label using a European plant adds freight on top of that in both
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directions. So the mature configuration is a genuine regional advantage
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and the launch configuration is merely competitive — which matters,
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because the launch configuration is what the first two years actually
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sell.
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**Bringing cutting and galvanics in-house takes roughly 3 to 5 weeks out
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of the quoted lead time.** That is the number behind the sales story,
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and it is the commercial case for the Phase 5 galvanics line stated in
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time rather than in the ~665 USD per title of stamper cost that
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[revenue-model.md](finance/revenue-model.md) already counts.
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## Two tracks run in parallel
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A full-service order is not one chain. The metal path and the packaging
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path run concurrently and converge at assembly, and **the packaging path
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is the one that most often slips**, because it waits on artwork the
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customer owes and on a print partner who is not us.
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```mermaid
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flowchart LR
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subgraph M[Metal and record path]
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A[Audio intake] --> B[Mastering] --> C[Cutting]
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C --> D[Galvanics] --> E[Stamper prep] --> F[Test pressing]
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F --> G[Production run] --> H[Finishing]
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end
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subgraph P[Packaging path]
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X[Artwork received] --> Y[Proof and Delta E approval]
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Y --> Z[Carton and sleeve print run]
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end
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H --> I[Assembly and packaging]
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Z --> I
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I --> J[Fulfilment]
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```
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Printed jackets from a local carton partner typically need **10 to 20
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working days** from approved artwork. That fits comfortably underneath
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the metal path — but only if artwork lands early. When a label delivers
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artwork after approving the test pressing, the jackets become the
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critical path and every day of metalwork saved is wasted.
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**Consequence for the order intake process:** artwork deadline is
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effectively a fourth approval gate and should be contracted as one,
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alongside the three artist gates in
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[process-flow.md](process-flow.md). It is not currently modelled as a
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gate anywhere in the repo.
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## Stage by stage
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Times below are elapsed scheduled duration for one title, not touch
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labour. The "launch" column reflects the phased entry in
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[total-investment.md](finance/total-investment.md): bridge stampers from
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Stamper Discs, lacquer cutting brokered through their EU partners, and
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no mastering room of our own.
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| # | Stage | Launch | Mature | Notes |
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|---|---|---|---|---|
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| 1 | Audio intake and technical QA | 1–2 | 1–2 | Checksums, format, levels, side-length vs format. Rejects here are cheap; rejects later are not |
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| — | **Gate: master plan approved** | *customer* | *customer* | 2–10 days in practice |
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| 2 | Vinyl mastering | 3–7 | 2–4 | Launch: external engineer or partner. Mature: in-house room, and queue depth becomes ours to manage |
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| — | **Gate: master approved** | *customer* | *customer* | 2–10 days; more if the artist wants revisions |
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| 3 | Lathe cutting to lacquer | — | 1–2 | Includes test cut, groove microscope, dead-wax scribe |
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| 4 | Silvering and electroforming | — | 2–4 | Three generations plus XRF, metrology, mother listening check |
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| 5 | Stamper prep | — | 1 | Punch, back-finish, coin, concentricity |
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| 3–5 | **Outsourced cut + metal** (launch only) | 10–20 | — | Stamper Discs, Sheffield; queue is theirs, not ours |
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| — | **Stamper freight UK → TH + customs** | 3–7 | — | Air freight; nickel travels well, unlike lacquer |
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| 6 | Press setup and test pressing | 1 | 0.5–1 | Mold change, stamper mount, warm-up, 10–20 TPs |
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| — | **TP to artist + gate: TP approved** | *5–15* | *5–15* | Courier plus listening time. The single largest customer-side block |
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| 7 | Production run | 1–5 | 1–3 | Throughput table below |
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| 8 | Finishing, assembly, packaging | 2–4 | 2–3 | Trim is inline; shrink and jacket assembly are labour-bound |
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| 9 | Fulfilment and dispatch | 1–3 | 1–2 | Bulk pallet, or per-parcel dropship on an ongoing basis |
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Two things the table deliberately does not hide:
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- **Stages 3, 4 and 5 collapse into one 10–20 day external block at
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launch**, and its duration is not ours to control. That is precisely
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why [roadmap.md](roadmap.md) item 14 calls for a **written turnaround
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SLA** with Stamper Discs. Without one, the whole quoted lead time
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rests on a supplier's goodwill, and they have no documented Asian
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customers to set expectations from.
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- **Lacquers do not fly.** A cut lacquer is soft nitrocellulose, heat-
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and shock-sensitive, and wants plating within roughly 24 to 72 hours.
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The launch configuration is sound precisely because it never ships
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one: audio goes to Europe as a file, the lacquer is cut and plated in
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the same region, and only finished nickel stampers make the journey.
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Any future arrangement that cuts in Thailand and plates abroad — or
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the reverse — would be a quality risk, not just a slower schedule.
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## Production run throughput
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From the fleet assumptions in [scale.md](scale.md), after the 60–70%
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overall effectiveness already applied there.
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| Fleet | Good records/day | 300 units | 500 | 1,000 | 2,000 |
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|---|---|---|---|---|---|
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| Launch: 1 semi-auto, 1 shift | ~300–450 | <1 day | 1–2 | 2–3 | 5–7 |
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| Duplex: 2 semi-auto, 2 shifts | ~1,000–1,500 | <1 | <1 | 1 | 1–2 |
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| Mature: 2 semi + 2 auto, 2 shifts | ~3,300–5,000 | <1 | <1 | <1 | <1 |
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Read these as **press-days, not calendar days**. At mature scale no
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single title gets the whole plant; it gets a scheduled slot. Past
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roughly 60% utilisation the queue in front of the press starts to
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dominate everything in the table above it, and quoted lead time
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decouples from process time entirely.
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That is the standard failure mode for pressing plants and it is worth
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stating plainly: **lead time is a capacity decision, not a process
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decision.** A plant running at 90% quotes 16 weeks with the same
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equipment that quotes 6 weeks at 50%. Any turnaround promise made to
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the market is implicitly a promise to hold spare capacity.
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Small runs invert the arithmetic. At 300 units the run itself is under
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an hour of pressing and the entire timeline is setup, approvals and
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assembly — which is exactly the boutique/color work the semi-automatic
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line exists to serve, per
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[pressing-line.md](equipment/pressing-line.md). Small runs are not
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faster to deliver; they are only cheaper to press.
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## Repress: the shortest path in the plant
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A repress of an existing title with no artwork or audio changes skips
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stages 1 through 3 and all three artist gates. If a **mother** was
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archived, a fresh stamper is pulled and the order runs:
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| Step | Days |
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| Pull stamper from archived mother | 1–2 |
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| Stamper prep | 1 |
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| Press setup, first-article check | 0.5 |
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| Production run (1,000) | 1–3 |
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| Finishing, assembly, dispatch | 3–5 |
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| **Total** | **~7–11 working days** |
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Two commercial consequences worth acting on:
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- **Choose the 3-step process and archive mothers.** Stamper Discs
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offers both 1-step and 3-step. A 1-step stamper is faster and cheaper
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for a one-off, but it is a single-use part: there is no mother to go
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back to, so a repress restarts at lacquer cutting and costs the
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customer six weeks and a new cutting fee. 3-step buys the two-week
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repress, and that repress is the highest-margin order the plant will
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ever take.
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- **The mother archive is an asset with a shelf life.** It needs the
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storage conditions and the genealogy records that
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[traceability.md](traceability.md) already specifies, and a stated
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retention policy — how long a customer's mothers are kept before
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they are scrapped or returned. That policy does not exist yet and
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should be in the customer contract, not discovered later.
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## What to promise a customer
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A defensible quoted lead time is **not** the sum of the mature column.
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It carries queue and it carries a buffer, and it should be quoted from
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the last customer gate, not from order date — the plant cannot be held
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to a clock the customer keeps stopping.
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| Order type | Quote | Basis |
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| New title, full service, launch config | **10–14 weeks** | Stage sum plus external metal queue plus buffer |
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| New title, full service, mature config | **7–9 weeks** | |
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| New title, customer supplies jackets | **−1 to 2 weeks** | Removes the print path |
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| Repress from archived mother | **2–3 weeks** | |
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| Rush slot | **premium, capped per month** | Only credible with reserved capacity |
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Quote in weeks from **test-pressing approval**, with the pre-approval
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stages quoted separately as "typically X weeks, subject to your
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approvals". Every plant that quotes from order date and gets caught by
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a slow artist ends up explaining itself.
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## Honest caveats
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- **No order has ever run through this plant.** These are planning
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numbers built from vendor throughput data and industry norms, and
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early production will run slower than any of them while the reject
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rate settles — [revenue-model.md](finance/revenue-model.md) already
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concedes the same about its 5–10% reject allowance.
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- **The external metal block at launch is unmeasured.** 10–20 days is
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an industry-typical figure, not a Stamper Discs commitment. Get it in
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writing before it appears in a customer quote.
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- **Equipment lead times are absent from the repo entirely** and do not
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affect this page, but do affect
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[project-timeline.md](project-timeline.md), which is where they
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matter.
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- **The competitive comparison is the least validated part.** Whether
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regional labels will actually pay for 7 weeks instead of 14 plus
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freight is the same open question as the 3.50–4.60 USD blended price,
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and both should be tested in the same conversations at Making Vinyl.
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A turnaround advantage nobody pays a premium for is a cost, not a
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moat.
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