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By Enrique Lopez-Tello, integrated planning and execution solution manager, Oracle Industry Solutions Group—Sep 17, 2019
Sales and operations planning—or integrated business planning—are well-documented processes and relevant to all organizations. However, most organizations still manage these processes on a spreadsheet or in siloed systems that are expensive and/or obsolete.
The struggle to get the right data at the right time and in the right format is well known, and as the pace of change increases, it is only going to become a bigger and bigger headache.
Data cannot be trapped in silos while organizations ask people to work across departments and business units. At the same time, organizations cannot afford to have disconnected systems that present one reality to one group and a different reality to another group when employees, customers, and partners expect organizations to operate as one. It not only increases costs, but also creates the risk of falling behind competitors that are able to use real-time data to plan and execute.
To address this challenge and help customers anticipate changing market conditions and adapt plans and forecasts accordingly, we are announcing a solution for Integrated Business Planning and Execution. By integrating elements from Oracle Enterprise Performance Management (EPM) Cloud and Oracle Supply Chain Management (SCM) Cloud, this solution helps customers improve operational efficiency, reduce costs and improve business agility by integrating financial planning with supply chain operations.
With Oracle’s solution for Integrated Business Planning and Execution customers will be able to:
Oracle customers who are already using both Oracle EPM Cloud and Oracle SCM Cloud can take advantage of this functionality today. If you are attending Oracle OpenWorld this week, please attend my session, “Oracle’s Integrated Business Planning Evolution: Agile Planning and Execution,” Tuesday, September 17, 11:15 a.m. - 12:00 p.m. in Moscone West, Room 3010.
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.