What is scenario library in SAP CRM-MKT-MPL-TPO - SAP Trade Promotion Optimization?

SAP Term: scenario library

• Component: CRM-MKT-MPL-TPO

• Component Name: SAP Trade Promotion Optimization

• Description: Collection of promotion scenarios that are displayed in the integrated marketing calendar.

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• Key Concepts: 
  The Scenario Library in SAP Trade Promotion Optimization (CRM-MKT-MPL-TPO) is a repository of pre-defined scenarios that can be used to simulate different trade promotion strategies. It allows users to quickly and easily compare different scenarios and determine the most effective strategy for their business. The library includes a variety of scenarios, such as promotional pricing, product bundling, and promotional mix optimization. 
  
  How to Use It: 
  To use the Scenario Library, users must first select the scenario they wish to simulate. Once selected, they can enter the relevant data for the scenario, such as product information, pricing, and promotional activities. The library will then generate a report that shows the expected results of the scenario. This report can be used to compare different scenarios and determine which one is most effective for the business. 
  
  Tips & Tricks: 
  When using the Scenario Library, it is important to remember that the results are only as accurate as the data entered. Therefore, it is important to ensure that all data is accurate and up-to-date before running a simulation. Additionally, it is important to consider all possible scenarios when making decisions about trade promotion strategies. 
  
  Related Information: 
  For more information about SAP Trade Promotion Optimization (CRM-MKT-MPL-TPO), please visit the SAP website at https://www.sap.com/products/trade-promotion-optimization.html. Additionally, there are many resources available online that provide more detailed information about using the Scenario Library in SAP Trade Promotion Optimization.