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SAP IBP S&OP
Is your S&OP “Digital Supply Chain Ready”?
What is SAP IBP S&OP?
SAP Integrated Business Planning (IBP), which is powered by SAP HANA, is a cloud-based next-generation planning solution that can help overcome key supply chain challenges and enable organizations ensure smooth and efficient supply chain and planning processes. The solution was designed to improve efficiency, accuracy, and speed as a result of getting, organizing, and analyzing significantly large amounts of data with ease.
In order to have an efficient and seamless supply chain, enterprises need to focus on accuracy, collaborative decision-making, responses that are timely in nature, and agility to react and adjust quickly to the changing market and business needs. However, achieving this goal can be a faraway reality if the enterprise’s sales, marketing, finance, and operations teams are not in sync and lack effective communication. SAP IBP S&OP allows you to create a cross-departmental S&OP plan that has the ability to balance profitability, inventory levels, and exceptional service. Being able to effectively analyze data from different business departments and across business functions and create various planning scenarios enables speedy and accurate S&OP planning. This results in decreased costs, improved inventory efficiency, revenue growth, and the ability to better attain the company’s financial targets.