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IBP Isn't Working For Larger Companies--What's the Solution?

Authors :
Sorensen, Dean
Source :
Journal of Business Forecasting. Fall2022, Vol. 41 Issue 3, p32-39. 5p.
Publication Year :
2022

Abstract

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 value. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1930126X
Volume :
41
Issue :
3
Database :
Academic Search Index
Journal :
Journal of Business Forecasting
Publication Type :
Academic Journal
Accession number :
160276239