KnoWerX PGP: Course in Integrated Business Planning (CIBP)
KnoWerX PGP Series of Programs and Benefits
“KnoWerX Professional Growth Program” series of education, leading to various certificates, is aimed at professionals to be able to get deeper understanding of concepts on which businesses and ERPs (like SAP) runs to improve their own individual performance and performance of their organizations.
Benefits to individuals include more practice oriented knowledge, better job readiness for the corporate world, improved performance on the job, ability to use ERP (like SAP) better, added advantage when applying for jobs, greater preference by corporates, etc. All of these would obviously lead to higher pay and faster job placements.
Benefits to organizations include better trained work force, improved ROI on ERP / technology investments, etc. All these would obviously lead to better productivity, effective business processes, reduction in errors and rework, etc. that would add to competitive advantage, growth and profitability.
Course in Integrated Business Planning
The term Integrated Business Planning (IBP) is an outgrowth of Sales and Operations Planning (S&OP), Sales, Inventory and Operations Planning (SIOP), and, Merchandizing, Inventory and Operations Execution (MIOE), terms referring to processes that balance demand with supply resources at a tactical level by top management.
This program covers various expects of Integrated Business Planning (IBP), industry’s latest best practice. Led by top management, it has processes for aligning plans every month that helps to allocate critical long gestation resources, e.g., people, equipment, materials and money, to best satisfy customers, in the best profitable way. It ensures early focus on any potential gaps in business performance and allows organizations to predict and respond positively to changing conditions, sufficiently in advance. IBP is powerful because it brings together the often-fragmented worlds of strategic and tactical planning.
IBP differentiates leader organizations from lagger organizations. Organizations that do Integrated Business Planning (IBP) well are more efficient, more effective, and make more money than those who don’t.
Participants must have basic knowledge of business management concepts and process flows especially in sales and distribution, and, materials management domain.
This program must be attended by everyone in an organization who is directly or indirectly involved in strategic business planning, tactical business planning and/or provide support, including but not limited to:
- Chief Executive Officer
- Vice President – Sales & Marketing
- Vice President – Operations
- Vice President – Finance
- Vice President – Human Resources
- All other Vice Presidents who attend Monthly Business Review (MBR) meetings
- Demand Managers
- Product Managers
- Marketing Managers
- Sales Managers
- Sales & Operations Planning (S&OP) Coordinators
- Master Schedulers
- Supply / Production Planners
- Material Planners
- Production Managers
- Distribution Managers
- Logistics Managers
- Sourcing Managers
- Purchase Managers
- Cost Controllers
- Cost Accountants
- Master Data Maintenance Team Members
- Business Analysts / Business Consultants
- Information Technology Consultants supporting above functions
- Defining Integrated Business Planning (BP)
- Difference between IBP and Sales & Operations Planning (S&OP)
- Planning levels and execution level
- Executive S&OP Overview
- 5-step Executive S&OP Process
- S&OP in Mega Corporations
- Typical S&OP Inputs
- Typical S&OP Outputs
- How IBP / S&OP Output is Used
- Understanding S&OP Grid
- S&OP MTS and MTO Class Exercises
- Resource Planning Simulation
- Resource Planning Class Exercise
- How to Implement IBP / S&OP Successfully
Primary Reference Materials
Customized hand-outs from KnoWerX will be given to participants.
Secondary Reference Materials
Participants must source and study other books authored by practitioners, world-wide web, ERP documentation, etc. to prepare for exam and get deeper insight.
Duration and Teaching Methodology
The program will be covered in 8-10 instructor-led online sessions each of 1-1.5 hours.
Exam Preparation Methodology
Training and self-study.
50 multiple choice questions to be answered in one hour. There is no penalty for giving wrong answer. Participant must score 75% or above to pass the exam.
The exam is based on body of knowledge and not limited to hand-outs or a text book. So, questions may come from outside the hand-out also.
The exam tests the concept and not the memorization of study materials. Basically, it tests skills at the “application” level of Bloom’s Taxonomy, so that participant is able to solve unseen problems in real business situations.
A certificate will be issued to all participants who pass the exam.
Total cost is ₹14,750 per participant (including 18% GST) subject to a minimum of 10 participants. The cost includes the hand-out, 8-10 online sessions and the exam.