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Modification Proposal 255 – LSP Objection Rates

Modification Proposal 255 – LSP Objection Rates. Simon Trivella –27 th August 2009 Distribution Workstream. ROM Request. 3 Options put forward Option 1 (“Complex”) Option 2 (“Medium”) Option 3 (“Simple”) All present a level of complexity in data extraction & reporting

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Modification Proposal 255 – LSP Objection Rates

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  1. Modification Proposal 255 – LSP Objection Rates Simon Trivella –27th August 2009 Distribution Workstream

  2. ROM Request • 3 Options put forward • Option 1 (“Complex”) • Option 2 (“Medium”) • Option 3 (“Simple”) • All present a level of complexity in data extraction & reporting • Offshore development required

  3. ROM Request • Costs & Timescales • Development & Implementation up to £26k • Approximately 4 weeks of analysis • Approximately 12 weeks delivery (includes testing & implementation) • Annual support costs low • Requirements / Solution dependant

  4. Sample Report • Provided to assist with discussion / development • Based on 4 months of data • Manually created • Report compares: • Number of competitive confirmations against a Users portfolio; • Number of those confirmations that have lapsed due to objection from the registered User

  5. Sample Report • User - The existing registered Shipper (that can object) • Incoming Confirmations - The number of opportunities to object • Transfers / Successful Objections - The number of successful transfers / objections (the result of the incoming confirmations) • Successful Objections - Percentage of incoming confirmations that did not transfer due to a successful objection

  6. Sample Report • 10,522 Incoming Confirmations (objection opportunities) • 9,363 Transfers • 1,159 Successful Objections • Successful Objection Rate of 11% • 61 Shippers (SSCs) • 42 Shippers with no objections

  7. Conclusions ?

  8. Modification Proposal 255 – LSP Objection Rates Simon Trivella –27th August 2009 Distribution Workstream

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