Businesses have been striving for decades to integrate supply chain planning processes with those utilized by other functions across the organization, using systems like sales and operations planning (S&OP) and integrated business planning (IBP).
Many companies still struggle to integrate sales and supply chain planning with basic S&OP to better balance supply and demand. Reliance on outdated technology and disparate systems requires days to answer questions, preventing organizations from making effective decisions.
These processes have fallen short of the one truly integrated business plan that many companies are seeking to develop and deliver: enterprise business planning (EBP).
EBP focuses on eliminating organizational silos that prevent the sharing of data and information. It provides an opportunity to complete the convergence of planning efforts across all operational, financial and commercial functions.
To ensure that operating plans support financial objectives, it's time to move toward enterprise business planning (EBP): dynamic, connected, collaborative and powered by cloud-based technology. This report provides six milestones to mark along the way.Please CLICK HERE to download the white paper.
Timely, incisive articles delivered directly to your inbox.