All Supply Chain business leaders want their planning to align strategically, integrate different business functions and plan for profit.
Many organisations use some form of Sales & Operations Planning (S&OP), but does it really achieve these essential outcomes? Or does it fall short in effectiveness, execution and scope?
Integrated Business Planning (IBP) is a business-focused, strategic evolution of S&OP that will bring serious benefits to the business – especially the bottom line. According to a study conducted by Aberdeen Research, companies with a well-structured and well-implemented IBP process achieved:
- A 17% improvement in profitability over the last two years
- A 10% increase in gross margin over the last two years
- A 7.5% increase in Return on Net Assets (RONA) over the last two years
Whitepaper: Integrated Business Planning – what is it and why is it better than S&OP?
This informative paper clearly describes the differences between S&OP and IBP and gives a succinct overview of the essential factors for successful IBP execution. This is a must-read for any Supply Chain business leader seeking to improve the overall profitability of the business.
