before_revision: Integrated Business Planning (IBP) is a process for translating desired business outcomes into financial and operational resource requirements, with the overarching objective of maximizing profit and / or cash flow, while minimizing risk. The business outcomes, on which IBP processes focus, can be expressed in terms of the achievement of the following types of targets: History The term Integrated Business Planning is an outgrowth of Sales and Operations Planning, or S&OP , a term referring to processes that balance demand with manufacturing resources. There has been a lot of focus on Integrated Business Planning in the context of Sales and Operations Planning . Gartner refers to a 5-stage S&OP Maturity model wherein IBP is referred to as the Phased 4 & 5. Integrated Business Planning however is broader than S&OP. It is an approach that combines Enterprise Performance Management (EPM) and S&OP to provide incremental capabilities that neither provides individually. In so doing, IBP platforms address long-standing challenges that financial and operational professionals have struggled to overcome. The result: opportunities for step change improvements to how manufacturers plan, manage and govern their business. Here, the focus is on strengthening the financial integration and reconciliation of plans, as well as increasing the responsiveness of the supply chain using ad-hoc reports and what-if scenario analyses. To better predict customer demand, machine-learning technology helps to identify correlation patterns and automate the detection of demand changes.
after_revision: Integrated business planning (IBP) is a process for translating desired business outcomes into financial and operational resource requirements, with the overarching objective of maximizing profit and / or cash flow, while minimizing risk. The business outcomes, on which IBP processes focus, can be expressed in terms of the achievement of the following types of targets: History The term integrated business planning is an outgrowth of sales and operations planning ( S&OP ) a term referring to processes that balance demand with manufacturing resources. There has been a lot of focus on integrated business planning in the context of sales and operations planning . Gartner refers to a 5-stage S&OP maturity model wherein IBP is referred to as the Phased 4 & 5. Integrated Business Planning however is broader than S&OP. It is an approach that combines Enterprise Performance Management (EPM) and S&OP to provide incremental capabilities that neither provides individually. In so doing, IBP platforms address long-standing challenges that financial and operational professionals have struggled to overcome. The result: opportunities for step change improvements to how manufacturers plan, manage and govern their business. Here, the focus is on strengthening the financial integration and reconciliation of plans, as well as increasing the responsiveness of the supply chain using ad-hoc reports and what-if scenario analyses. To better predict customer demand, machine-learning technology helps to identify correlation patterns and automate the detection of demand changes.
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