IBP Isn’t Working For Larger Companies —What’s the Solution?
Mature forms of integrated planning enable businesses to manage customer expectations while optimizing cost and profit. While Integrated Business Planning (IBP) and Financial Planning and Analysis (FP&A) processes often meet the needs of smaller manufacturers, this is not always the case for global manufacturing organizations. In this article I discuss how four critical capability gaps are falling between the cracks of IBP and FP&A processes and technologies, ones that prevent GMOs from optimizing enterprise costs, profit, cash flow, working capital and enterprise ...
From Issue:
The Finance of Forecasting (S&OP is Only the Start)
(Fall 2022)
IBF Journal Article by Dean Sorensen, originally published in Fall 2022
IBP Isn’t Working For Larger Companies —What’s the Solution?