For many years the business management process of choice for many organisations has been sales and operations planning (S&OP). Now business improvement specialists, Oliver Wight explain in their new white paper, how S&OP has evolved from its production planning roots into the fully integrated management and supply chain collaboration process it is today, in the form of Integrated Business Planning (IBP).
"Many companies are missing out on the real benefits of S&OP because they have not evolved the process from basic demand, supply, and inventory management," says Oliver Wight Partner, Liam Harrington. "Where Integrated Business Planning differs from S&OP is it integrates product management, strategic planning, and finance into the process, and ultimately demands the attention of the business leader."
The white paper documents how the planning process has evolved over time and elucidates the differences between S&OP and IBP. As well as introducing independent research in to the benefits of IBP, the white paper explains the key factors to consider when implementing a successful Integrated Business Planning process.
"Integrated Business Planning provides an effective process for managing the entire business, something which is critical in the ever-changing landscape of economic surprises, increased competitive pressures, and unrelenting customer and shareholder expectations," concludes Harrington.
You can download the new white paper from the Oliver Wight website: http://www.oliverwight-eame.com/library-events/white-papers/m/product/view/6