Is your IBP information ESSENTIAL for your organisation?

28. July 2022

“If it isn’t a clear yes, then it’s a clear no.” (Greg McKeown)

Thanks to Ling Pizzinato, Director Global Supply Chain at Teva, for the insightful presentation: “How to connect, simplify and filter information in IBP?” in yesterday’s 33st iBsing pioneers call.
Despite the holiday period we had a fantastic group of eight S&OP/IBP practitioners who were searching for the “golden nuggets” of information in IBP.

At the end of the session the participants shared their key insight about focusing on the essential information in IBP:
⇨  Always having the 𝒓𝒊𝒈𝒉𝒕 𝒍𝒆𝒗𝒆𝒍 𝒐𝒇 𝒅𝒆𝒕𝒂𝒊𝒍 is important, stay away from too much detail
⇨  Clear Decision-making around Demand and Supply is the purpose of IBP, therefore information should always 𝒔𝒖𝒑𝒑𝒐𝒓𝒕 𝒕𝒉𝒆 𝒓𝒊𝒈𝒉𝒕 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏𝒔
⇨ Information should be more 𝒇𝒐𝒄𝒖𝒔𝒆𝒅 𝒂𝒓𝒐𝒖𝒏𝒅 𝒕𝒉𝒆 𝒇𝒖𝒕𝒖𝒓𝒆, less about the past and the short term
⇨ all activities that significantly influence “𝒑𝒓𝒐𝒇𝒊𝒕𝒂𝒃𝒊𝒍𝒊𝒕𝒚” and “𝒔𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒊𝒍𝒊𝒕𝒚” of the organisation are essential for IBP
⇨ 𝑭𝒂𝒄𝒕-𝒃𝒂𝒔𝒆𝒅 𝒂𝒏𝒅 𝒉𝒐𝒍𝒊𝒔𝒕𝒊𝒄 𝑫𝒆𝒎𝒂𝒏𝒅 & 𝑺𝒖𝒑𝒑𝒍𝒚 𝑹𝒊𝒔𝒌 𝒂𝒔𝒔𝒆𝒔𝒔𝒎𝒆𝒏𝒕𝒔 𝒂𝒏𝒅 𝒔𝒄𝒆𝒏𝒂𝒓𝒊𝒐𝒔 are a key ingredient for IBP and should be focused around taking the right decisions for the organisation.