What is SAP Integrated Business Planning (IBP)?
SAP Integrated Business Planning (IBP) is a cloud-based solution based on SAP HANA for requirements and stock planning across the whole supply chain. For time series and business object analytics, SAP IBP blends traditional planning and prediction capabilities with current machine-learning heuristics, allowing you to respond quickly to market changes that threaten your supply chain and to meet demand as profitably as feasible.
WHY CHOOSE SAP IBP?
SAP IBP has several modules covering various aspects of planning that can be used separately or in conjunction with one another. It’s a planning tool that integrates supply chain management, sales and operations planning, demand management, inventory planning, and supply planning. The following are some of the benefits of switching to SAP IBP:
Automated shelf-life management, improved inventory management, and minimized obsolescence.
Ability to envision and meet future client demand by efficiently managing supply and capacity considerations.
Ensured effective inventory allocation across the supply chain based on customer order priority.
Improved stock deployment control, resulting in fewer stock-outs for supply-constrained products.
Integration of planning outcomes with execution systems reduced manual effort.
To learn more about SAP IBP, contact our team at Crescense today.
Written by Clarkston Consulting’s Anand Nataraj, Jakul Shastri, and Charlie de Cardenas.