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Modification Proposal 255 – LSP Objection Rates

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Presentation on theme: "Modification Proposal 255 – LSP Objection Rates"— Presentation transcript:

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

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8 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

9 Conclusions ?

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


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