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What Is Integrated Business Planning and Why Is It Crucial in 2019?

What is Integrated Business Planning (IBP)? Read the full article here ***https://blog.riverlogic.com/what-is-i... Integrated Business Planning (IBP) is an expanded form of Sales and Operations Planning (S&OP) that spans the end-to-end value chain of a business, and ties strategic, profitability-related objectives with short- and mid-term operational planning decisions through cross-functional scenario analysis — informing decisions around more profitable supplier collaboration, demand shaping, marketing, product growth/development, and more. At its finest, IBP is fully aligned with growth and innovation metrics, having turned S&OP into a strategic business partner. Visualize aligning your company’s operational decisions with forward-looking financial performance across various timeframes, representing complex trade-offs, constraints, and real-time business realities across the value chain; this is what a successful IBP looks like! For more than a decade, our customers have struggled with the term IBP and how it relates to sales and operations planning (S&OP), sales and operations execution (SOE) sales inventory operations planning (SIOP), sales and operations management (S&OM), and other processes. Despite knowing its importance, businesses have been slow to adopt integrated business planning. Many have yet to establish a fluid S&OP process.