Modification Proposal 255 – LSP Objection Rates Simon Trivella –27th 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 Offshore development required
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
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
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
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
Conclusions ?
Modification Proposal 255 – LSP Objection Rates Simon Trivella –27th August 2009 Distribution Workstream