![]() By creating a digital twin of a process, the simulation can be used to iterate and improve processes and adjusted to see what works best. Process simulation is a powerful tool in process optimization because it is able to imitate different scenarios without disrupting existing operations. The goal of process simulation in business operations is to achieve a higher level of process efficiency, which ultimately leads to increased profitability and competitive advantage. Process simulation allows businesses to explore “what if” scenarios, analyze the impact of changes to processes, and identify opportunities for improvement. Process simulation is a method of analyzing and improving business processes using computer-based forecasting models.
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