If S&OP is the backbone of supply chain planning, then working with Integrated Business Planning (IBP) is key to unleashing its full potential.
IBP builds on the S&OP processual focus on demand & supply by adding financial planning. This enables enterprises to create financial scenarios showing key figures, such as customer and product profitability.
Working with IBP is very much about integrating strategic and tactical planning with operational planning. Drawing the line from daily operations to financial output at an executive level isn’t done overnight but needs to be implemented through different maturity stages.
In short, you need to get the basics right, which in this case, is the functional planning process focusing on manufacturing and logistics. With this in place, it is possible to start anticipating patterns and supply-and-demand plans; collaborating across all relevant functional operations, before orchestrating activities that will help achieve end-to-end connectivity. The possibilities are enormous and so is the potential.
The processual work with IBP is scalable, so you can match it to your needs. Maybe you just need to streamline operational planning? Or maybe you are looking for the complete solution that enables your enterprise to exploit the full power of working with data?
Whatever your needs, itelligence Nordic will analyze them to help you succeed. Our experts already assist national and international enterprises to succeed with S&OP.