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Stretching every $
 
The Web-Geographical Information System saves JTC over $200,000 per year.
 
When we refer to Economy Drive (ED) in MTI now, everyone understands it to be “Spend What You Need, Save Where You Can”. This was not the case when ED was first introduced in 2003.

In order to dispel the misconceptions about ED, MTI launched a campaign to raise staffs’ awareness of ED. The message was simple: Everyone can make a difference and simple individual efforts to stretch every dollar spent will, cumulatively, help to save significant amounts of money for MTI.

Collaterals such as flyers and posters helped to cascade the message to all levels of staff. IT platforms such as the intranet and e-newsletter were used to share ED best practices among our agencies. MTI also launched themed suggestions and WITs to spark ideas and projects.

The results were truly heartening. Over the last two financial years, MTI and its agencies saved a total of close to $200 million.

Below are two initiatives that have yielded cost savings for MTI.

Swift thinking by EDB staff
When news broke out about the termination of a free online newspaper subscription, Lily Phua from the Business Knowledge Group in the Economic Development Board (EDB) quickly called the publisher to ask for better rates for both print and online subscriptions.

She also touched base with all of EDB’s overseas officers and local divisions to gather their access requirements. Armed with 106 user IDs, Ms Phua was then in a good position to negotiate further when the publisher contacted her to offer a corporate discount. Her efforts save EDB slightly more than $10,000 a year.

JTC leverages on IT
The newly developed Web-Geographical Information System on JTC Corporation’s intranet enables users to generate allocation, site and coloured floor plans for both land-based and multi-storey buildings.

This way, JTC does not need to engage external consultants to gather the information. Officers can easily print out the plans themselves.

The system also improves staffs’ response time to customers and has resulted in substantial savings amounting to $213,000 per year.
 
 
By MTI

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