What is SAP IBP for Inventory?
SAP Integrated Business Planning (IBP) for Inventory is a SAP IBP module that helps companies optimize their inventory and reduce costs by aligning their inventory plans with demand and supply planning in real time. The solution allows companies to forecast demand for their products or services and use this demand forecast for inventory planning and management.
The most important functionalities of SAP IBP for Inventory
With SAP IBP for Inventory, companies can...
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Analyse patterns and inventory performance to identify opportunities to improve inventory efficiency.
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Multi-Echelon Inventory Optimization
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Fix the bullwhip effect
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Collaborate with departments to develop and check inventory plans.
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Monitor and track inventory versus actual demand and availability to identify deviations and initiate corrective actions.
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Integrate inventory planning with other planning processes, such as demand and supply planning.