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Decision Support System for Production and Distribution

Learn how the use of DSS in production and distribution can increase productivity in this free online course.

Publisher: NPTEL
This free online course is an introductory course on Decision Support System for Production and Distribution. You will examine the numerous types of DSS available in production and distribution, their characteristics, and why managers use them to assist with decision-making. Are modern businesses more profitable when using DSS? This course aims to explore these potential responses and helps you understand DSS’s true worth.
Decision Support System for Production and Distribution
  • Duration

    3-4 Hours
  • Students

    22
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

This course on Decision Support System for Production and Distribution (DSS) is an introductory course on the various DSS systems used in production and distribution. Management may opt to use DSS as it aids in improving operations performed using the information of management systems and coupling data analysis tools with high-level optimisation procedures. In today’s aggressive business climate, impeccable decision support system software has become vital. The preponderance of businesses turns to numerous merchants due to the undeniable advantages such systems deliver. The most suitable DSS depends upon organisational culture, complexity, and size. You will learn that DSS’s are used for common day-to-day decisions and choices that help predict future trends in production and distribution. Production and distribution are essential departments in a business. Their effectiveness, flexibility, and efficiency have to be up to par. While dependent on many factors, a company’s success depends on the quality of the goods produced and how quickly they can distribute their products to meet the customers' demands.

Why do some companies remain at the bottom and lack financial gain? In this course, you will learn how businesses can profit even at the bottom of the pyramid. You will discover how public services are priced to provide excellent service and be economically affordable to the citizens in a country. You will explore why services and goods offered have to change their marketing strategy to appeal to urban and rural customers. You will learn what Net Present Value (NPV) is and why it is one of the most extensively used programs for assessing capital investment proposals. This course will inform you why companies invest heavily in their production and distribution departments. Management in these departments needs capable systems to assist with unbiased and well-defined decisions as there is limited to no room for error.

Finally, this course highlights the many benefits of having a DSS in the production and distribution department. While DSS systems are mainly designed with the managers in mind, it also helps other employees. It assists with the reduction of the workload, and it helps with lightening paperwork. It can be harmful to the workforce because forecasted trends will result in cutting back workloads. However, it is a win for the company as fewer hours worked is equivalent to fewer hours paid and conclusively be regarded as a profit. Do you aspire to improve the progression of your business? Enrol in this course today to start your journey!

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