S&OP and IBP in comparison: what are the differences and similarities?
Effective planning is essential for companies to be able to adapt value chains to volatile markets. In supply chain management in particular, a cross-functional process is necessary to coordinate supply and demand and all parties involved. Supply chain planning, inventory management and other supply chain management functions are often planned and implemented independently of each other. Sales & Operations Planning and Integrated Business Planning have established themselves as planning approaches at this point. In this blog post, we will explain the differences, similarities and potential of the two approaches.