Top 5 Reasons to Choose SAP IBP in 2019
Respond to new market expectations with real-time supply chain planning capabilities
By Frank Polito, Director SCMO2
Most of you are likely already familiar with SAP’s next-generation platform Integrated Business Planning, or IBP. But most of you are also unsure what the benefits are from making the switch. Having spoken with dozens of supply chain managers in the past couple of years on just this topic, I have compiled the top five most compelling reasons to move to the IBP platform in 2019.
IBP is designed to profitably fulfill future demand with real-time supply chain management. Powered by in-memory computing technology within SAP HANA, this cloud-based solution combines capabilities for S&OP; demand, response, and supply planning; and inventory optimization.
1. Next-Generation Technology
With SAP IBP you can leverage a full suite of solutions which enable new end-to-end business processes, new business modeling, and new revenue streams for your business. SAP IBP allows your organization to synchronize integrated planning processes through a vast network of connected solutions which ultimately allow you to leverage end-to-end visibility into your supply chain better than any other application on the market. And faster planning cycles allow your company to react faster to changes within your business.
2. Gartner Best-of-Class Recognition
Planners can do significantly more for supply chain execution where they’re more productive, more responsive and more strategic. SAP has repeatedly demonstrated how IBP makes supply chain management easier, faster and smarter, and that effort has earned them world-class recognition. When it comes to having real time data for highly competitive response times, SAP IBP is the global leader in this space.
3. True Digital Transformation
SAP IBP offers some of the most innovative portfolio applications to provide an end-to-end demand solution. Integrated Business Planning, Demand Signal Management, Leonardo Connected Goods and many others running on the SAP HANA cloud backbone deliver near real-time data and analysis while providing peer-to-peer collaboration within the platform. IBP is not an upgrade, it is a revolution in digital supply chain management.
4. Enhanced User Experience
Unlike any other software, IBP gives your company the ability to seamlessly integrate a full suite of additional supply chain planning modules and other software applications. By keeping planning an analysis all within a single portal, user engagement increases and data becomes more reliable. The result is a faster time to value and reduced TCO. Companies can also further close the loop by integrating with SAP cloud platforms to create a real time supply chain platform.
5. Highest Security Standards
Security is always a top priority element of all SAP products. IBP makes your data even more secure by employing the highest security standards and guaranteeing the safety of your data both from web attacks and attacks in the cloud. You don’t want your company to be the next data breach headline, and IBP security ensures the integrity and safety of your data.
There are certainly more than five great reasons to make the switch to IBP, but these represent the key fundamental benefits that will transform your total supply chain operation for a generation. Eventually, all businesses will need real-time analysis and modern digital security to complete. Those who do it sooner will put themselves that much further ahead of the pack.