What is strategic simulation in SAP SCM-EWM - Extended Warehouse Management?

SAP Term: strategic simulation

• Component: SCM-EWM

• Component Name: Extended Warehouse Management

• Description: Strategic simulation is based on strategic planning.

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• Key Concepts: 
  Strategic simulation is a feature of SAP Extended Warehouse Management (SCM-EWM) that allows users to simulate and analyze different scenarios in order to make better decisions. It enables users to create and test different strategies for their warehouse operations, such as inventory management, order fulfillment, and resource utilization. The simulation results can be used to identify the most efficient and cost-effective strategies for the warehouse.
  
  How to use it: 
  Strategic simulation can be used to create and test different scenarios for warehouse operations. Users can define the parameters of the simulation, such as the number of resources available, the types of orders to be fulfilled, and the inventory levels. The simulation will then generate a report that shows the expected outcomes of each scenario. This report can be used to compare different strategies and identify the most efficient and cost-effective one.
  
  Tips & Tricks: 
  When using strategic simulation, it is important to consider all possible scenarios and parameters that could affect the outcome. This will ensure that the results are accurate and reliable. Additionally, it is important to regularly review and update the simulation parameters in order to keep up with changes in the warehouse environment.
  
  Related Information: 
  For more information about strategic simulation in SAP Extended Warehouse Management (SCM-EWM), please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use strategic simulation effectively.