Overheard: Word of the Day

Feb 19 2013   2:32PM GMT

Word of the Day – integrated business planning (IBP)

Margaret Rouse Margaret Rouse Profile: Margaret Rouse

quotes and quotations

“Ideally, companies should integrate their business planning across multiple departments within each line of business (which is hard to do) and across lines of business that must work together — which is even harder.”Barry Wilderman

Today’s WhatIs.com Word of the Day is integrated business planning (IBP), a strategy for connecting the planning functions of each department in an organization to align operations and strategy with the organization’s financial performance.

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