Nancy Marino’s, Senior Vice President, Tompkins International, latest white paper, Align Strategy and Operations with Collaborative Integrated Business Planning , discusses the Integrated Business Planning (IBP) and why it has become a top corporate priority. IBP sits at the heart of many organizations as the management process that brings together all the functions and business processes for a company. The real power of IBP is through a holistic unit with common goals and objectives. Marino explains the key to success in implementing IBP beginning with the Sales & Operations Planning (S&OP) and IBP process differentiation. At its core, the IBP takes rigid, independent processes and transforms them into flexible, choreographed business services that work together to create substantial business value.
Marino further outlines the key factors in establishing a successful IBP process, specific elements, success strategies, and the individual IBP process phases. With the use of graphics, quotes, data, and proven results, Marino makes it clear that IBP can achieve profitability.
By using IBP, you not only improve your current processes, but also you build and deploy new capabilities and improve your Return On Investment (ROI). In fact, by implementing IBP you would be able to make the necessary improvements faster, at a much lower cost, to better leverage existing resources, thus having an even more positive effect on ROI.
James A. Tompkins, Ph.D.
CEO, Tompkins International