Friday, April 27, 2012

The Importance of Data Management

Every time you create a business plan, one thing that important is the availability of data as a basic references. What is a data? Data is a facts about the object, person or entity. Data could be quantitative, and qualitative. Data is collected by personal or an agency and used by various types of users in different ways. Data realease by the institution becomes a serious concern for business. In general, the data is managed to follow a hierarchy of data consists of data elements, record, field and file.

Data that is collected then processed into information. Information is the result of analysis and synthesis of data. Information is data that has been organized in a suitable form to be used by the appropriate data users, such as for executives, analysts, managers, and sales person.

What is a data base? The database is a collection of integrated data, organized and stored in a tool and manner that allows re-extracted. Database consists of a minimum of one or several files. Database has been compiled with a certain systematics would be useful if someone wants to find information / details contained in the specified data.

The importance of the use of database for small business to enterprises. Currently each organization / company whether small, medium and big are using information systems to help its operations. For medium and large scale enterprises, they usually have to use an application based on a database, thus simplifying the search and utilization of information that belongs to. With financial support and the Information Technology division, the company is not difficult to develop its information systems.

Even small business can create and utilize database information system. The first step of a small company in making the database is to standardize on all existing data / raw data. Standards were included Identifier, Naming, Definition, Integrity Rule, and Usage Right. Then determine what type of DBMS applications are suitable for use in assisting the preparation and utilization of such data.

Popular DBMS applications that are available include the Microsoft Access or Open Source category of applications such as OpenOffice Base which can be obtained free of charge. These applications are used mostly by small businesses and medium companies. Once the database is complete, small-scale companies can use these applications to support operational activities.

The importance of data management for a company
Why data management is required by a company? Data management is important for a company because company must be able to monitor what happens on operations so can take faster and appropriate measures in case of problems. For example a quick sale to be followed by faster inventory management system. The finance department can also quickly calculate profit and loss and to assist management in determining whether to increase production, purchasing raw materials and so forth.


Wednesday, April 18, 2012

the Benefits of Decision Support System for a Company

Decision Support System (DSS) is a natural progression from information reporting systems and transaction processing system. DSS is interactive, computer-based information system that uses decision models, and specifically using a database to assist the decision making process for managers and end-user information generated in the form of periodic and special reports and output of mathematical models and expert systems.

Why DSS is used by a company? There are several reasons why companies use DSS application. Decision Support System in a company used to analyze a problem that happened in the company and then with a decision support system is searched for and made the best solution. DSS can provide many benefits for the company.

The potential benefits of enterprise using decision support system method include:
1. expand market share
2. makes it easy to get materials and services
3. cut marketing distribution channels, so the product becomes cheaper
4. reduce the cost of manufacture, processing, distribution, storage and retrieval of information by digitizing its processes
5. lower inventory with supply chain management facilities
6. help some small businesses compete with large companies

Already so many companies in various industries that rely on the tools, techniques and decision support modeling, to help them analyze and solve a variety of everyday business questions. Decision support system is dependent on the data, as the whole process of taking the entire data set available for analysis.

Devices, processes, and reporting methodologies based business intelligence is an example of important use in any decision support system, and provide data analysis, reporting and monitoring highly reliable of data to users.


Tuesday, April 17, 2012

Decision Support System

An information system with a decision support system (DSS) - based computers can help a person in improving their performance in decision making. A manager at a company can solve semi-structure problem, where the manager and the computer must work together as a team of problem solvers in solving problems. Decision Support System utilize the resources of individuals in intellect with the ability of computers to improve the quality of decisions. Decision Support System has been developed since 1970.

What is a decision support system?
Decision support systems definition
Decision Support System is a computer based system used to assist decision makers in order to solve complex problems that is impossible with manual calculations in a way through an interactive simulation where the data and model analysis as a main component. DSS - decision support system is a software product developed specifically to assist management in decision-making process.

As the name the purpose of decision support system is a second opinion or information source that can be used as a material consideration before an executive decides a particular policy. It supports the assessment of manager and it is not trying to replace them. It is also improve the effectiveness of a manager's decision-making rather than efficiency.

Here known the term of decision modeling, decision theory, and decision analysis which is essentially represent the problems and management facing every day into a quantitative form (eg in the form of mathematical models). The classic examples of problems in this field is linear programming, game's theory, transportation problem, inventory system, decision tree, and so forth. Of the many classical problems that are often encountered in activities of daily business, some can be easily simulated and solved by using a simple formulas. But there are many existing complex problems that it requires computer assistance.

Decision support system helps executive / decision makers compile useful information from raw data, documents, personal knowledge, and / or business models to identify and solve problems and make decisions.

The most often approach is done in the process of designing a DSS is to use an interactive simulation techniques, so in addition to attracting managers to use, this system is expected to represent real-world circumstances or actual business. Decision support systems used to collect data, analyze and shape the data that were collected, and take the right decisions or to develop strategies of analysis.


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