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Agile Demand Planning and Intelligent Forecasting using IBM Planning Analytics
March 31, 2021 | Written by: IBM India Pvt Ltd
Categorized: . | Artificial Intelligence
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Gauging the impact of business disruption seems to be an uphill task during uncertain times.
During uncertain times, the requirement is for a solution that provides the ability to quickly assess the impact of business disruption and explore different courses of action. To get a complete picture, the need is to collect data from multiple systems and external sources, quickly, make sense of it, and understand what is driving the results.
One needs to deploy an integrated planning solution that uses Artificial Intelligence to automate planning, budgeting, and forecasting and drive more intelligent workflows. IBM Planning Analytics is one such solution — built on TM1, IBM’s powerful calculation engine, this enterprise performance management tool allows you to transcend the limits of manual planning and become the analytics hero your business needs. Quickly and easily drive faster, more accurate plans for FP&A, sales, supply chain and beyond.
By combining the multi-dimensional capabilities of IBM Planning Analytics and the easy-to-use visualizations and reporting capabilities of IBM Cognos Analytics, you can quickly achieve certain business goal. The powerful combination of Planning Analytics and Cognos Analytics provides you with AI-fuelled insights, predictive modelling, and accelerated planning, budgeting and forecasting cycles.
To learn about IBM Planning Analytics, you can watch this ET Unwired Session, Agile Demand Planning and Intelligent Forecasting using IBM Planning Analytics.
The session covers why these solutions are better together offer insightful tips and tricks and answer your questions.
What does Planning Analytics and Cognos Analytics offer? Highlights
- Accelerated planning, budgeting and forecasting processes, for financial and operational planning, and the agility to easily update plans, budgets and forecasts
- Built-in options for data entry and spreading are simplified, allowing for both top-down and bottom-up planning
- What-if analysis capabilities, enabling users to explore scenarios, answer critical business questions, and see the impact of the changes in real-time
- Automated data modelling capabilities, allowing users to easily cleanse, blend and shape their data for analysis
- Highly visual and interactive dashboards allow users across the organization to monitor key metrics and dive deep into their data
- Use forecasting in IBM® Planning Analytics Workspace to discover and model trend, seasonality, and time dependence in data
Sign up today for the IBM Planning Analytics Demo.
Connect with IBM SMEs on LinkedIn:
Atul Joshi – LinkedIn
Pradeep Iyer – LinkedIn
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