Ender 3 - Tramming Wizard: Proper Usage?

I’ve searched the forums for an answer, even searched Reddit but I couldn’t find a specific answer for the Ender 3 (only the Ender 3V2 or pro).

Could anyone guide me on how to use the Tramming Wizard correctly?

When is it supposed to be used?

Is it meant to replace gcode bed leveling?

I’ve tried using it but I wasn’t sure if I was using it properly.

Thank you in advance for any help!

The only thing I can point you to is the documentation which has a bit more detail: