Integrated Business Planning (IBP) connects finance, supply, sales, operations, and workforce planning into a unified process, replacing siloed spreadsheets and slow decisions. It aligns strategic, operational, and financial plans, enabling agility, faster response to disruptions, and cross-team collaboration. Gartner cites benefits such as more accurate forecasting, higher visibility, improved revenue insights, and reduced risk. Adoption challenges include legacy tools, poor data, and resistance to change, but connected planning platforms with AI, ML, and automation overcome these barriers. Best practices include aligning IBP with S&OP, extending to suppliers and customers, and integrating continuous scenario planning. IBP delivers speed, predictability, and competitive advantage.

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