Decision Support Systems (DSS)
A Decision Support System (DSS) is an information system at the management level of an organization that combines data, analytical tools, and models to support semistructured and unstructured decision-making. A DSS can handle low volume or massive databases optimized for data analysis. DSS has more power than other systems. They are built explicitly with a variety of models to analyze data or they condense large amounts of data into a form where they can be analyzed by decision-makers. DSS are designed so that the user can work with them directly. In the proceeding paragraphs I will give examples of some decision support systems and how they are being used.
Integrated Decision Support Corporation (IDSC) is a company that provides decision support software to the truckload transportation industry. IDSC focuses on providing superior decision making software by creating state of the art optimization algorithms. IDSC released a product called NETWISE 3.0 in response to shippers requesting packaged and conditional bids, carriers having a difficult time selecting the lanes that compliment their current network, and determining the dedicated opportunities within a bid. NETWISE 3.0 are a decision support tool used in the analysis of profitability, pricing, and network balance. Companies were having a problem of having their carriers spend countless hours of manpower responding to single bid. NETWISE 3.0 addresses this issue by providing them with an enterprise software package that provides the with the same opportunities as the shipper. IDSC solved the problem of having the carrier determine how to price a lane so that it appears attractive to the shipper and yet still be profitable. During the bid preparation process, NETWISE utilizes a data correction engine that provides an intelligent search for city names and postal codes. Overall NETWISE provides users with a tool that significantly reduces the amount of time required to process a shipper bid. This allows item to be spent on the strategic issues instead of the monotonous details. NETWISE provides an intelligently discipline to the pricing process, resulting in a excellent solution for responding to shippers bids, or determining appropriate annual or daily pricing action.
Innovative Systems Techniques (Insyte) designs and installs database management and decision support systems using Vision, their object oriented database technology. As both a technology developer and systems implementers, they uniquely offer clients access to their Vision technology and the direct involvement of their Vision TECNOLOGY and the direct involvement of their Vision Vision TECNOLOGY nad of their highly capable staff.
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It is important for managers to make right decisions when it comes to a business. Managers need to make decisions based on surrounding factors and make decisions due to problems that arise. Managers also need to solve those problems which can give a business a competitive advantage. That is why it is important to have a Decision Support System in place, it can help a manager in better decision-making. This paper seeks to explain Information systems and Decision Support System (DSS). The following topics will be covered with regards to Information Systems and Decision Support System; background on what an Information system is, what a Decision Support Systems is, explain how the Decision Support System relates to users, discuss the types of Decision Support Systems, characteristics of a Decision Support System, explain the advantages as well as the disadvantages of the Decision Support Systems and lastly
Management support systems have been playing a major role on increasing the productivity of dairy farms over the past few decades. There are many management support systems applied for various segments within the dairy industry to improve continuous decision making and problem solving abilities. This essay covers the analyzation of five different management support systems including evaluation of various theories and models used by each system.
Asemi observe that Management Information System (MIS) is one of the information systems that is computer based. Besides, Asemi defines MIS as “an organizational method of providing past, present and project information related to internal operations and external intelligences. It supports the planning, control and operation functions of an organization by furnishing uniform information in the proper time frame to assist the decision makers,” (2011). The aim of MIS is to satisfy the general information need of the entire manager in an organization. Before the advent of computers, the process of decision-making was one that was full of built-in advantages and ad hoc methods. Computers technologies have changed the landscape of the decision-making process completely by making the process less demanding and easy to undertake. The reason for this situation is that information technology has made access to information more automated, efficient, effective, timely, and less ambiguous. Consequently, the ordinary t...
In 1977, Larry Ellison, Bob Miner, and Ed Oates founded System Development Laboratories. After being inspired by a research paper written in 1970 by an IBM researcher titled “A Relational Model of Data for Large Shared Data Banks” they decided to build a new type of database called a relational database system. The original project on the relational database system was for the government (Central Intelligence Agency) and was dubbed ‘Oracle.’ They thought this would be appropriate because the meaning of Oracle is source of wisdom.
Laudon, K., & Laudon, J. (2007). Essentials of Business Information Systems (7th ed.) (Bob Horan, Ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall.
DSS facilitate enhanced interpersonal communication among those responsible for decision making. Communication-Driven Decision Support Systems and Group Decision Support Systems lead in more lubricated communication process and sharing of information. Moreover, Model-Based Decision Support systems offer a platform for sharing certain facts and suppositions regarding the decision making process. At Amazon.com Data-driven Decision make certain information about the company available to managers to make it easy for them to make decisions that ens...
...g system that supports the scalability of their data. The following is their input on their new proposal to create a new operational insight tool in order to provide a solution to their challenge:
With that being said, knowing the routes products take in getting from point A to point B requires a planning process with the ability to create practical shipment arrangements by consolidating orders to optimal shipping volumes by also taking into consideration the variety of trucks, the number of stops in routes, and the potential for outside restrictions according to the Supply Chain Digest (Web, 2014). With most companies that process shipping trucks, drivers spend valuable time waiting for the trucks to be loaded and unloaded with product shipment, causing a loss in revenue gained through quicker delivery times customer. With proper planning and implementation of a network wide system throughout PepsiCo’s supply chain, the delivery function more specifically that shows outbound and inbound capacity, appointment schedules, and available times for delivery receipts, drivers can be aware of time slots that they can get in and out with to better utilize time and capital. With the determination between the differences of inbound and outbound shipments, PepsiCo will be able to further improve carrier efficiency and reduce their overall transportation costs.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." (About Quotations.com). Our ability to make well informed and critically analyzed decisions along with the decision-making processes we employ, are key in determining our overall successes and failures. We are faced with daily decisions that can ultimately change the very courses of our lives. Poor decisions will lead to unintended failures while educated, deliberate, and purposefully planned decisions will bring about a desired result with great success.
Stair, R. & Reynolds, G. (2003). Fundamentals of Information Systems, Second Edition. [University of Phoenix Custom Edition e-text]. Boston. MA: Course Technology, a division of Thomson Learning, Inc. Retrieved October 1, 2006, from University of Phoenix, Resource, CIS564 ¡V Information Management in Business Course Web site.
Define the three primary types of decision-making systems, and explain how a customer of Actionly might use them to find business intelligence.
The Internet offers reliable communications and transactions between businesses on a local, regional and global basis. It provides cargo companies with the means to overcome a number of technical and cost barriers that have previously inhibited business-to-business communication and trans...
leaders in the information world in regards to the shipping and packaging industry. Barnes, along with his staff, have come up with a wide range of solutions and services to help UPS grow in the ever changing technology world. Moreover, Barnes and his colleagues have come up with an easier shipment track solution called Automated Shipment Processing. This technology solution offers three shipping solutions to meet the needs of customers and businesses alike. They are CampusShip, Internet Shipping, and ConnectShip.
In today's changing business environment, information technology plays an incredibly important role in almost every aspect of the day to day life of almost every industry. The transportation industry is, of course, no different. From the transport of goods from manufacture, to warehousing, to retail, to end-user, the industry relies on information technology to get things done. The transportation of people is the exact same; incredibly important to get done yet impossible without the impact of information technology.