Roadmap: Accelerating S&OP and IBP with Master Data Management

The availability of the right figures is crucial to the success of Sales & Operations Planning (S&OP) and Integrated Business Planning (IBP). And that’s precisely where things often go wrong.

Poor-quality data is frequently the bottleneck preventing companies from making real progress towards reliable forecasting. Irrespective of the size of the organization, data is the operation’s fuel in today’s digital world and forms the foundation for S&OP or IBP. If the data is inaccurate, the ‘planning engine’ will splutter or – in the worst-case scenario – grind to a halt.

Master Data Management (MDM) enables organizations to take control of their data quality and hence their planning process. With this roadmap, Supply Chain Media and Finavista suggest a step-by-step plan.