MxP&A Solutions Have Arrived: Improving S&OP & IBP for Global Manufacturers
Technology innovations are poised to dramatically improve the value and effectiveness of S&OP and IBP processes, in both small and large manufacturers. New solutions are combining these traditional pro- cesses into fully integrated financial and operational planning and performance management. What results are incre- mental capabilities that can reduce the cost of planning by up to 50%, while simultaneously improving profits by up to 5% of sales. In this article, I make the case for leveraging these new technologies to fully integrate all elements of plan- ning across geographies and legal entities for a better view of business performance.
From Issue:
Third-Party Planning — A Revolution for the Field?
(Summer 2024)
IBF Journal Article by Dean Sorensen, originally published in Summer 2024
MxP&A Solutions Have Arrived: Improving S&OP & IBP for Global Manufacturers