Simulation
About the module
Simulation is a powerful tool, which allows you to create virtual representations (i.e., simulation models) of logistics systems, such as supply chains, warehouse processes or distribution networks. With help of simulation, you can create different scenarios and evaluate their outcomes without having to implement them into daily operations. As such, it is very helpful in testing out new ideas, situations, or strategies. In addition, simulation can also be applied for identifying bottlenecks or gaining more insight in how certain variables influence the performance of the system. Today, using advanced algorithms and technologies, it is even possible to create a detailed, real-time simulation model. Such an advanced real-time simulation models are also referred to as “digital twin”. Digital twins of logistics systems are created by collecting and integrating data from various sources, including sensors, IoT devices, & other data-generating components.