IBM Planning Analytics for Demand Planning: a great alternative
October 02, 2024

IBM Planning Analytics for Demand Planning: a great alternative

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Reseller

Overall Satisfaction with IBM Planning Analytics

IBM Planning Analytics is used for Supply chain planning. It is used to develop a consensus demand forecast. It helps to prevent procuring the wrong inventory, and to encourage procurement of the right inventory, for a wholesale distribution business. Approximately 7000 products are forecast across 20+ locations. Users from Sales and Marketing collaborate to overlay market intelligence. This bottom up forecast is compared with the top down finance forecast (budget) and any gaps are investigated.

Pros

  • Statistical forecasting
  • Spreading results to lower hierarchy levels
  • Dealing with an extremely large number of products and locations

Cons

  • User interface could do with some templates to speed up deployment
  • IBM Carbon has great flexibility but is cumbersome to use
  • Early days but forecast accuracy has improved by 25% and inventory is slowly reducing
  • Has facilitated better internal collaboration
  • Has provided more confidence in the procurement plans
Very. But not developed yet.
Ability to plan more products, locations, customers
Less expensive
Client already had IBM PA for FP&A

Do you think IBM Planning Analytics delivers good value for the price?

Yes

Are you happy with IBM Planning Analytics's feature set?

Yes

Did IBM Planning Analytics live up to sales and marketing promises?

Yes

Did implementation of IBM Planning Analytics go as expected?

Yes

Would you buy IBM Planning Analytics again?

Yes

Just a bit clunky and UX pages are cumbersome
Well suited to organisations that deal in physical goods and therefore have supply chains.
A great replacement for legacy systems.
Very price competitive with other solutions in this space.
Ideal for very large number of products, locations, customers.
Appropriate for clients that already use PA for FP&A
Less appropriate in case IBM is not in the current technology stack.

IBM Planning Analytics Feature Ratings

10.0
Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
10
Scenario modeling
10
Management reporting
10
Not Rated
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
10.0
Personalized dashboards
10
Color-coded scorecards
Not Rated
KPIs
10
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
10
Benchmarking with external data
Not Rated
10.0
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
7.0
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
1
9.0
Drill-down analysis
10
Formatting capabilities
7
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
10
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
10.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
10
Pattern Recognition and Data Mining
Not Rated
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
Not Rated
Single Sign-On (SSO)
Not Rated
Not Rated
Responsive Design for Web Access
Not Rated
Mobile Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

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