The Dictionary 

In the Integrated Business Planning (IBP) framework, an Assumption is a documented and agreed-upon piece of thinking that underlies business plans when definitive facts are unavailable.

Capacity Requirements Planning (CRP) is a detailed function within Manufacturing Planning and Control (MPC) systems designed to ensure the feasibility of production and material plans.

The Demand Review (also known as the Demand Management Review or DMR) is the second step in the monthly Integrated Business Planning (IBP) process. It serves as the primary forum where the commercial management team and Product Management, reaches a consensus on the unconstrained view of future demand.

Demonstrated Capability (or Demonstrated Capacity) is a critical management principle in Integrated Business Planning (IBP) that refers to the objective measurement of a resource’s proven capacity.

Gap Analysis, within the context of the Integrated Reconciliation Review (IRR), is the financial and operational process of mathematically calculating the difference between the organization's current projected performance (based on the latest IBP plans) and its committed targets (Strategic Plan or Annual Operating Plan).

Integrated Business Planning (IBP) is a comprehensive, senior management-led business management process designed to synchronize an organization’s strategy, operations, and financial performance.

The Integrated Reconciliation Review (IRR) is the fourth step in the monthly five-step Integrated Business Planning (IBP) process. It serves as the critical control tower where the specific plans resulting from the Portfolio, Demand, and Supply reviews are consolidated, harmonized, and converted into a unified financial view.

Integrated Tactical Planning (ITP) is a rigorous, weekly cross-functional re-planning process designed to ensure the business stays on track to deliver the commitments made during the monthly Integrated Business Planning (IBP) cycle.

The Management Business Review (MBR), often referred to as the Executive Review, is the fifth and final step in the monthly Integrated Business Planning (IBP) cycle. It serves as the definitive executive forum where the leadership team formally translates strategic goals into an actionable operating plan.

Management by Exception is a management principle wherein decisions that cannot be made at one level of the organization are passed up to the next level for resolution.

A Planning Horizon is the specific amount of time into the future that a business plan extends. It is a critical parameter because the required level of detail, frequency of review, and involved stakeholders change drastically depending on how far out the plan looks.

The Portfolio Review (often called the Product Management Review or PMR) is the strategic management forum focused on the organization’s entire product and service lifecycle.

Rough-Cut Capacity Planning (RCCP) is a capacity planning technique used at the Master Scheduling level to test the feasibility of the proposed Master Production Schedule (MPS) against critical constraints.

Sales and Operations Planning (S&OP) is a structured, periodic decision-making process designed to balance customer demand with supply chain capabilities.

Scenario Planning is a structured decision-making process that identifies critical events before they occur and uses this knowledge to determine effective alternatives.

The Single Operating Plan is the definitive consensus roadmap generated by the monthly Integrated Business Planning (IBP) process. It represents the agreed-upon direction for the entire business, consolidating product portfolio, demand, supply, and financial projections into one common organizational plan.

The Supply Review (also known as the Supply Management Review or SMR) is the third core step in the monthly Integrated Business Planning (IBP) cycle. It is the formalized process where the supply chain organization articulates its definitive plan to meet the requirements established in the Demand Review.

In Integrated Business Planning (IBP) and Integrated Tactical Planning (ITP), a Time Fence is a policy guideline that marks a specific boundary in the planning schedule. It defines the point in time where the rules for changing supply, demand, or production shift from automated flexibility to manual restriction.