Tag: IBP trends

decision intelligence, Leadership, S&OP

Key Elements of Decision Centricity in Effective IBP Processes

IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. But how decision centric is your S&OP/IBP process, your meetings, your organization? Any idea? To create some baseline insights, I developed an 11-question checklist to assess IBP decision centricity. Based on this checklist I … Continue reading Key Elements of Decision Centricity in Effective IBP Processes

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decision intelligence, Digital supply chain, S&OP

Invite AI to the Table for your next IBP Meeting

In his book Co-Intelligence, Ethan Mollick suggests firstly to invite AI to the table in everything you do. And secondly to make sure to be the human in the loop that works with AI. Working with AI/GenAI is a skill that can be developed. Prompting GenAI certainly takes practice and Mollick provides some interesting and well thought through prompt examples. If you’re an IBP manager … Continue reading Invite AI to the Table for your next IBP Meeting

Unknown's avatarNiels1 Comment
decision intelligence, S&OP

IBP decision centricity study: a lack of managing bias, speed, digitization, incentives & learning

IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. Improving IBP decision centricity results in improvements like: 👉 Increased decision speed 👉 Improved decision quality 👉 Reduced decision bias 👉 Less analytics waste 👉 Effective decision learning 👉 Improved engagement with decision process … Continue reading IBP decision centricity study: a lack of managing bias, speed, digitization, incentives & learning

Unknown's avatarNiels1 Comment
decision intelligence, S&OP

Decision-Centric versus Traditional S&OP

Over the last couple of years, I have been mentioning Decision-Centric S&OP/IBP in my articles. In 2021, I explored the efficacy between decision automation and augmentation for different decision horizons and proposed a new narrative for IBP that includes decision automation, capturing and learning, with IBP managers who are incentivised to improve decision quality. Other articles and blogs followed Decision centricity supported by the digitization … Continue reading Decision-Centric versus Traditional S&OP

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decision intelligence, Digital supply chain

Solving Your IBP Problems With the World’s First IBP GPT

Over the weekend I made my first GPT. It’s an IBP GPT, maybe the world’s first. Although you can make GPT’s more sophisticated, you can start rather simple. That’s what I did. I took an open AI membership, created a GPT, wrote a prompt, wrote four prompt indicators. Told it to be friendly and gave it some other guidance. My aim was to help an … Continue reading Solving Your IBP Problems With the World’s First IBP GPT

Unknown's avatarNiels1 Comment
decision intelligence, Digital supply chain, S&OP

Decision Centric IBP is Becoming a Reality

A Vision coming to Life IBP decisions can be segmented by machine centric S&OE decisions and human centric IBP decisions. This new planning paradigm was suggested by my colleague Hein Regeer and I in a Foresight article in 2021 Our article was a continuation of my articles autonomous supply chain planning (2019) and Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity (2021), where I lay out a … Continue reading Decision Centric IBP is Becoming a Reality

Unknown's avatarNiels1 Comment
decision intelligence, Digital supply chain, S&OP

A Case for a More Decision Centric IBP

Although Integrated Business Planning (IBP) is designed to make high-impact business decisions, little attention has been given to the quality of decisions in an IBP cycle. In my latest Foresight article, I argue that to continuously learn from and improve IBP decisions, decision processes ought to be integrated with the traditional IBP process and supported by Decision Intelligence technology that goes beyond existing transactional and … Continue reading A Case for a More Decision Centric IBP

Unknown's avatarNiels1 Comment
Digital supply chain, S&OP, Supply Chain

The Intelligent IBP Manifesto – 50 principles for a new planning paradigm

The IBP paradigm has hardly changed for 30 years, the decision needle has not moved enough. We’ve entered an AI era where 74% of work can be augmented or automated and 26% eliminated. Planning will not be excluded from this evolution. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly … Continue reading The Intelligent IBP Manifesto – 50 principles for a new planning paradigm

Unknown's avatarNiels2 Comments
decision intelligence, Digital supply chain, S&OP

Reimagining IBP in the Age of AI

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

Unknown's avatarNiels3 Comments
decision intelligence, Digital supply chain, S&OP

Intelligent IBP: A Need for Decision Centricity

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

Unknown's avatarNiels5 Comments