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Oracle’s Integrated Business Planning and Execution (IBPX) solution provides end-to-end planning capabilities for manufacturing companies, enabling them to achieve their long, medium, and short-term performance goals. IBPX uses Internet of Things (I0T), artificial intelligence (AI), and prescriptive analytics transforms 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, IBPX transforms the plan into action using the enterprise execution systems.
IBPX is the first solution architecture in the market that integrates end-to-end planning and execution. IBPX translates sales and operation planning into action in a frictionless process and uses advanced technologies (IoT, AI, and prescriptive analytics) to monitor real-time plan execution. detecting future improvements opportunities and minimizing business value lost by traditional processes latency.
IBPX enables long-range strategy planning; strategic modeling and mergers and acquisitions; financial, projects, capital and workforce planning; sales and operations planning; and supply chain planning.
IBPX uses a unified data model to provide a single view for all participants and utilizes advanced analytics to provide projections on business outcomes for each line of business, simplifying business complexity and enabling managers to make timely, appropriate decisions.
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 & Operations Planning (S&OP) throughout the supply chain, product and customer portfolios, 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 55%, while reducing their inventory cost 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 is 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.
Oracle Enterprise Performance Management (EPM) Cloud is the only complete and connected EPM solution. Adopt Oracle EPM Cloud'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.
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”.
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.
Frost & Sullivan recently conducted a business planning virtual think tank with industry thought leaders GE, Juniper, and Oracle. This white paper summarizes the critical issues these companies face during their planning cycles and highlights the strategic importance of an integrated business planning framework.
Integrated business planning 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.
Juniper Networks is now live with Oracle Cloud Integrated Business Planning.