Integrated Business Planning (IBP)

Integrated Business Planning (IBP) is a strategic approach that aligns a company's sales, operations, finance, and supply chain functions to create a unified plan for achieving business goals. It ensures all departments work together, sharing information and making coordinated decisions about production, inventory, and sales forecasts. By integrating these areas, IBP helps companies respond more effectively to market changes, optimize resources, reduce costs, and improve overall performance. Think of it as a comprehensive, collaborative roadmap that guides an organization toward its objectives with better synchronization and clarity.