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Integrated Business Planning and Execution
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.
Key Benefits
Integrates Plans and Their Execution to Eliminate Business Latency
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.
Consolidates Planning in a Single Hub
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.
Enhance Visibility Across the Organization
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.
Integrated Business Planning and Execution Resources
Leveraging Technology to Reduce Business Decision Latency
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.
The 5 Areas of Business Latency that can Derail Your Integrated Business Planning and Execution
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”.
Integrated Business Planning and Its Role In Manufacturing Transformation
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 and Execution
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
Juniper Networks is now live with Oracle Cloud Integrated Business Planning.