Oracle Integrated Business Planning and Execution provides end-to-end planning capabilities for manufacturing companies, enabling them to achieve their long, medium, and short-term performance goals. Oracle’s solution uses the Internet of Things (IoT), artificial intelligence (AI), and prescriptive analytics to transform plans into execution. It provides a what-if analysis of future scenarios and evaluates the alternatives to maintain or improve the company’s business targets. Once a new plan is generated that incorporates this information, Integrated Business Planning and Execution transforms plans into action using enterprise execution systems.
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Integrated Business Planning and Execution is the first solution architecture in the market that provides end-to-end integrated business planning (IBP) and execution. Oracle’s solution combines sales and operations planning with advanced technologies (IoT, AI, and prescriptive analytics) to monitor real-time planning execution. It detects future improvement opportunities, minimizing the business value lost by traditional processes where IBP and execution are siloed.
Integrated Business Planning and Execution uses a unified data model to provide a single view for all participants. It also utilizes advanced analytics to provide projections for business outcomes for each line of business, simplifying business complexity and enabling managers to make timely, appropriate decisions.
Oracle’s solution enables long-range strategy planning; strategic modeling; mergers and acquisitions; financial, projects, capital, and workforce planning; sales and operations planning; and supply chain planning.
Juniper's vision was to implement a digital supply chain with integrated business planning (IBP), where the business planning process would extend the principles of sales and operations planning (S&OP) throughout the supply chain, product and customer portfolios, and customer demand and strategic planning to deliver one seamless management system with supporting business processes. Since moving to Oracle Cloud, Juniper Network's lead time attainment is up by 55%, while their inventory cost has been reduced by 15%, allowing them to pay back 3.5X what they invested in the journey itself.
The modern supply chain is very noisy. Digital feedback is everywhere—whether it's the voice of the customer through the internet, the voice of the factory through production or asset monitoring, or the voice of the product itself.9>
Oracle Fusion Cloud Enterprise Performance Management (EPM) is the only complete and connected EPM solution. Adopt Cloud EPM's highly configurable business processes, which include industry best practices, features, and usability, and align your strategy with execution.
Allocate resources more effectively with a deeper understanding of costs and profitability.
Simplify how you analyze and act on information so you can scale insights across your entire organization.
This paper provides a detailed overview of Oracle Integrated Business Planning and Execution’s key capabilities. Oracle combines industry-leading capabilities in enterprise performance management (EPM) and supply chain planning (SCP) with IoT, AI, and prescriptive analytics to deliver a complete integrated business planning (IBP) and execution solution that adapts to the demanding needs of global manufacturers.
Read the paper: Integrated Business Planning and Execution: Overview and Key Capabilities (PDF)
A recent study from consulting firm McKinsey found that “only 20 percent of respondents say their organizations excel at decision making. Further, a majority say much of the time they devote to decision making is used ineffectively.”
Read the blog: The 5 Areas of Business Latency That Can Derail Your Integrated Business Planning and Execution
In today's world, global enterprises must be diligent in watching out for unexpected events that can impact company performance. There are a variety of advanced technologies that add value to business decision processes by reducing latency. Key areas where you can reduce latency with technology investments include prediction, detection, relevance, adaptation, and action. Reducing latency in each area has different effects in your business.
Read the blog: Leveraging Technology to Reduce Business Decision Latency
Frost & Sullivan recently conducted a business planning virtual think tank with industry thought leaders GE, Juniper, and Oracle. This paper summarizes the critical issues these companies face during their planning cycles and highlights the strategic importance of an integrated business planning (IBP) framework.
Read the analyst paper: Integrated Business Planning and Its Role in Manufacturing Transformation (PDF)
Integrated business planning (IBP) solutions help you align financial and operations plans and make the best decisions to meet corporate goals. By developing a consensus operational plan and continuously monitoring key performance metrics, you can execute strategic decisions and ensure that the operating plan is working to deliver financial goals.
Read the blog: Bring Finance and Supply Chain Together with a Transformative End-to-End Planning Solution