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Integrated Business Planning FrameworkIntegrated Strategic Business PlanningDoF Guideline DOFIBP0001 7.0 Version Date September 2023Table of Contents 1. Objective & Purpose.................................................................................................
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Integrated business planning (IBP) is a process that aligns demand and supply plans with the overall business strategy, ensuring that all departments collaborate and share information to optimize performance.
Typically, organizations that operate in regulated industries and meet certain size or revenue criteria are required to file integrated business planning. This can vary by jurisdiction.
Filling out integrated business planning involves gathering data from various departments, forecasting demand, analyzing financial implications, and consolidating information into an integrated plan that aligns with organizational objectives.
The purpose of integrated business planning is to enhance decision-making, improve efficiency, and ensure that all parts of the organization are working towards common goals, thereby maximizing overall performance.
The information that must be reported includes sales forecasts, inventory levels, production plans, supply chain logistics, financial impacts, and any relevant market analysis.
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