Implementing IBP can be complex, especially for large, diverse organisations, with disparate systems and data structures.
But there is a way of getting there with a systematic approach. This allows you to gradually transition towards a more integrated and collaborative planning approach while avoiding massive upheaval and getting stuck in the complexity of a major transformation programme. (and Bedford can help you with each step). Here are a few options or stages to consider:
You can start in any functional area of the business, but many organisations start with Anaplan for finance. So, it makes sense to extend from there. If you haven’t, that’s also great.
By adding sales planning you can more accurately forecast sales and align to both finance revenue and demand forecasting. Accurate sales forecasts help prevent overstock or stockouts.
A next logical step is demand planning, by improving the accuracy of demand forecasts, leaders can align and optimise production and procurement plans.
Supply chain optimisation, this includes mapping suppliers, inventory management, new product introductions, and production scheduling.
It’s at this point that you can more easily pull the areas together for sales and operations planning, as the teams have the data from which to make data-driven decisions, and ensures that the organisation is on track to meet its goals, while making adjustments as needed.
After this, you can extend your planning to include workforce management, ensuring that your resources are effectively allocated.
Also consider pilot projects, single divisions or geographic regions, that can serve as a proof of concept.
