Integrated Business Planning
Further education / Business
Are you interested in taking your Sales and Operations Planning (S&OP) process to the next level? Integrated Business Planning (IBP) is growing in importance in companies, enabling better decision making and sustainable growth. This international course gives you a practical and holistic view of S&OP and IBP, helping you implement IBP in your company.
- Price
500 € + 25.5% VAT (628€) - Conductor
Arcada University of Applied Sciences (FIN) and Kristiania University College (NO) - Language
English - Scope
7 ECTS - Course dates
- Last application date
- Entry requirements
Undergraduate or graduate degree in Business Administration (or other relevant field).
What is the course about?
Research shows that companies fail in linking plans to reality and executing their strategy. Integrated business planning (IBP) solves this problem by connecting company functions and aligning plans with strategy, while understanding the financial impact of alternative courses of action. While the focus of S&OP process is largely on balancing demand and supply, the IBP process expands this view to include strategy and corporate finance.
This course will give you a holistic view of IBP and its advantages. After completing the course, you will have the knowledge and tools you need to implement IBP in your company. The process is demonstrated with the help of tools and analytics that enable data-driven decision making. In addition, we have a range of corporate specialists from Finland, Norway, and Sweden providing their insights to S&OP and IBP. During the course, we will also examine the latest research in the field.
This is an international course, developed jointly by Kristiania University College in Norway and Arcada University of Applied Sciences in Finland. Lectures are given in both Helsinki and Oslo.
For who?
This course is aimed at those who are considering implementation of Sales and Operations Planning and/or Integrated Business Planning in their company. You might work in supply chain management, sales, operations, finance, marketing, or logistics. IBP is also seen as a key process to implement strategy. Therefore, you might also be responsible for strategic development in your company.
The course offers an excellent networking opportunity, meeting likeminded colleagues in both Finland and Norway. Ten seats are now available through Arcada University of Applied Sciences, other participants are students at Arcada and Kristiania.
Course schedule and practicalities
Except for the first lecture held online/remotely on the 13th of February, the lectures will be held in Helsinki (week 10) and Oslo (week 11), participation on-site is necessary. All lectures are held afternoons starting at 16:30 local time and ending at 20:00 local time, enabling you to work remotely during daytime also from Oslo. The lectures consist of both presentations and practical exercises. The course examination is a project, where participants investigate a practical IBP implementation in a company.
February 13th Online
- Monday 16.30 - 20
March 6-10 Helsinki (Arcada University of Applied Sciences)
- Monday – Thursday 16.30 – 20
- Friday 9-12 (optional)
March 13-17 Oslo (Kristiania University College)
- Monday – Thursday 16.30-20 (local time)
- Friday 9 – 11 (optional)
Assignment handed in on the 17th of March at midnight.
Lectures
The lectures will, among other things, cover the following topics:
- The basics: a definition of S&OP and IBP, including process steps, metrics, stakeholders, and maturity models
- Management accounting and product costs in an S&OP/IBP context
- Strategy and IBP, what is a strategy and how can IBP support the implementation of a strategy?
- Data-driven decision making, including forecasting and optimization techniques
- Tools, industrial cases, and latest research related to S&OP and IBP
- Sustainability in an S&OP context
Price
500 euros (+24%VAT) + travel costs to Norway, including costs for accommodation.
Lecturers
- Henrik Nyman, Principal Lecturer and Programme Director, Arcada University of Applied Sciences
- Marius Langseth, Assistant Professor, Kristiania University College
- Yasel Costa, Professor at MIT-Zaragoza International Logistics Program and Research Affiliate at Massachusetts Institute of Technology
- Aarne Nygard, Professor, Kristiania University College
- Fabian Tschirch, Research assistant at the Chair for Industrial Sales and Service Engineering, Ruhr-Universität Bochum
- Timo Rantala, Head of IBP at Tikkurila Oyj
- Jouko Laakso, Senior Consultant, Schedio Oy
- Robert Bekkhus, Group Vice President S&OP, Nortura SA
- Stefan Holmberg, Senior Business Advisor, Optilon AB