We’ve entered an AI era where 76% of work can be augmented or automated. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly a recipe for improving planning & decision making. Imagine the opportunity if we closed this massive planning, decision & execution gap with a new planning paradigm. Supported … Continue reading Planners Deserve a Better Vision!
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 – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. Here, you … Continue reading Intelligent IBP – a new role for supply chain planners
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. In … Continue reading Intelligent IBP – Closing the Decision Gaps
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. You … Continue reading Intelligent IBP – Unshackle the Planners!
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In a series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. In … Continue reading Intelligent IBP – The Rise of Autonomous
The evolution of Integrated Business Planning has been at a standstill for years. Traditional IBP process and planning horizon thinking, supported by traditional Advanced Planning and Business Intelligence (BI) systems, limits progress. Sure, over the years new supporting planning features have been developed. Faster calculations, a nicer GUI, more simulation capability, Machine Learning and graph databases, to name a few. But both the IBP process … Continue reading Traditional IBP is dead. Long live Intelligent IBP!
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
I recently presented at the 41st ISF symposium from the International Institute of Forecasters, where I discussed #cognitiveautomation in planning & forecasting, which is availably in this video (25 min) I cover:– why #artificialntelligence alone is not enough to achieve #intelligentautomation– what’s really required to achieve #autonomousplanning?– boundaries of automation, augmentation & human centricity in decision making– why the human stays central in the #futureofwork Hope you enjoy cheers, Niels Continue reading Cognitive Automation in Planning & Forecasting
A common IBP cycle has a monthly cadence providing an – up to 24 months – forward view of a business. It is often supported by a weekly control cycle, sometimes called Sales & Operations Execution (S&OE). This cycle plans demand & supply in more detail and over a shorter horizon, often around 12 weeks. IBP is data and resource hungry. Planners spend up to … Continue reading Why Cognitive Automation makes IBP more Agile and more Strategic
Supply Chain Trend 