Top Three Reasons to Embrace an Integrated Business Planning Process

Description

Integrated Business Planning (IBP) distills complex, cumbersome and disconnected tasks into a single integrated process that streamlines and unites planning activities to produce better business decisions. Combining data from sales, marketing, production, procurement, transportation and finance, IBP creates one powerful planning framework by removing organizational and technology barriers and aligning and synchronizing plans across strategic and tactical time horizons.

Thousands of companies of all sizes and types have reduced costs, improved service and gained a competitive advantage through IBP. But when companies reach a plateau in their S&OP process maturity, they face the risk of stalling business growth. At this point it’s important to embrace integrated business planning, which synchronizes strategic and operational planning. Combining data from sales, marketing, production, procurement, transportation and finance, IBP creates one powerful decision framework for stakeholders by removing organizational and technology barriers and aligning and synchronizing plans across strategic and tactical time horizons.

IBP can drive greater incremental value for your business by:

  • Enabling high quality business decisions that deliver more bang for the buck
  • Encompassing today’s multitude of functions, geographies, units, channels, etc.
  • Enhancing the feasibility of long-range plans

This white paper describes how to use Integrated Business Planning to drive incremental business value by delivering more “bang for the buck;” analyzing a multitude of functions, geographies, units, channels, etc.; and enhancing the feasibility of long-range plans.

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