What would a Martian expert in supply chain planning and technology think when looking back at earth? With all technology available on earth would it continue with a 30+ year old, sequential, cascading, rather sluggish, manual planning process with a lack of focus on decision digitisation, decision quality and decision learning? Or would it start with a blank sheet and reimagine IBP? Closing the planning … Continue reading Reimagining IBP in the Age of AI
Seeing through the AI razzle dazzle Everything seems to be AI these days, which can become overwhelming when you have to think about how it can be used in your industry or business process. All whilst the market is screaming from all directions with their AI message. The AI razzle dazzle will continue. It will probably accelerate. Expect a ChatGPT every one or two years. … Continue reading Don’t master AI. Be a Master of Your Business Process!
At the core, the IBP process must facilitate executive decision making.
However, it lacks focus on using best practice decisions models to facilitate #decisionquality and #decisionlearning.
We can solve these traditional IBP decision gaps, enable a reduction in decision time and analytics waste, whilst increasing employee engagement with the decision process.
#Decisionintelligence technology can digitize decisions and decision context, create a system of records for decisions and develop a decision memory that helps continuously improve #decisionquality.
This is the fifth in a series of blogs, where I describe how #intelligentautomation and #decisionintelligence can help create a more #intelligentIBP and change the future of work. Continue reading Intelligent IBP: A Need for Decision Centricity
Forecasters and planners are involved in decision making, but make limited decisions with direct business impact themselves. A forecast is an insight or a foresight, a plan is an intent. A decision is only made when resources are irrevocably allocated to the execution of the decision. Without this, multiple forecast and planning options – as advanced as they may be – remain calculations, maybe insights … Continue reading The Limitations of Forecasts and Plans on Decision Making
PREVIEW Niels van Hove writes that the limitations of the traditional Integrated Business Planning process are severely magnified during periods of significant disruption, which to many of us seems like the new normal. He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID. Instead, Niels offers a new tack centered on an IBP decision … Continue reading A New Approach to IBP Decisions during Crises
Some new language has been creeping in the planning vocabulary in the last year or two: planning & decision making. What used to be planning, or a planning system, is now sometimes referred to as planning & decision making. This is most likely influenced by the acknowledgement of a new category decision intelligence by Gartner, for which they provided a definition since 2022. I now … Continue reading A Better Plan is not Necessarily a Better Decision
The Sales & Operations Execution (S&OE) cycle is a much-needed addition to your S&OP/IBP process. I used to implement it as ‘The Control Cycle’. Gartner came up with S&OE and Oliver Wight now calls it ITP (Integrated Tactical Planning). Whatever you call it, you better have it as a business if you want to react to short term disruptions Where your IBP process focuses on … Continue reading The Automation of Routine Collaborative Decisions in S&OE
PREVIEW Integrated Business Planning (IBP) has been a valuable business process since its incarnation as Sales & Operations Planning in the mid-1980s. The monthly cycle of S&OP meetings has been the forum in which a firm’s forecasts have been presented and reconciled across functional areas. Authors Niels van Hove and Hein Regeer explain that while planning and forecasting technologies have benefitted from significant innovations since … Continue reading Integrated Business Planning: A New Narrative for an Old Process
Supply Chain Trend 