Integrated Business Planning (IBP) and Sales & Operations Planning (S&OP) are both forecasting strategies that allow organizations to plan for the future. But there is a key difference between the two. IBP is a more comprehensive approach that considers both short-term and long-term goals. It integrates a wide range of metrics, including customer demand, materials planning, and financial targets, into an all-encompassing strategy. S&OP, on the other hand, is focused mainly on short-term issues such as sales and inventory management. While it does take external factors into account, such as changes in customer demand and purchasing patterns, it generally does not look at long-term trends or address how to achieve corporate objectives. IBP takes a holistic view of a company’s operations, while S&OP provides specific solutions to individual problems.