What is live optimization in SAP SCM-WI - Warehouse Insights?

SAP Term: live optimization

• Component: SCM-WI

• Component Name: Warehouse Insights

• Description: The process of improving the sequence of open warehouse orders assigned to resources in real time to minimize empty travel distance.

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• Key Concepts: 
  Live optimization is a feature of the SCM-WI Warehouse Insights component of SAP. It is a tool that helps warehouse managers to optimize their operations in real-time. It uses predictive analytics to identify potential problems and suggest solutions that can be implemented quickly and efficiently. Live optimization also provides insights into the performance of the warehouse, allowing managers to make informed decisions about how to improve operations. 
  
  How to use it: 
  Live optimization can be used in a variety of ways. It can be used to identify areas of improvement in the warehouse, such as reducing costs or increasing efficiency. It can also be used to monitor the performance of the warehouse and identify potential problems before they become serious. Additionally, it can be used to suggest solutions that can be implemented quickly and efficiently. 
  
  Tips & Tricks: 
  When using live optimization, it is important to remember that it is only as good as the data that is fed into it. Therefore, it is important to ensure that the data being used is accurate and up-to-date. Additionally, it is important to remember that live optimization is not a replacement for human judgement; it should be used as a tool to supplement decision-making processes. 
  
  Related Information: 
  Live optimization is part of the SCM-WI Warehouse Insights component of SAP. Other features of this component include inventory management, order fulfillment, and supply chain visibility. Additionally, there are other tools available from SAP that can help with warehouse management, such as SAP Extended Warehouse Management (EWM) and SAP Advanced Planning & Optimization (APO).