[WEBINAR] Bulletproof: How Today's Business Leaders Stay on Top

Labor Management System (LMS)

Definition - What does Labor Management System (LMS) mean?

A labor management system (LMS) is comprised of enterprise tools that help businesses better plan their daily work and processes for better delivery of products and services. These tools are intended to facilitate "labor productivity reporting" and to help analyze units of labor and units of time to enable tracking of changes.

Techopedia explains Labor Management System (LMS)

Labor management system tools can come in many different packages. Typically, they offer metric-based tools for streamlining work and business processes. Another typical feature of LMS tools is the ability to analyze and implement training solutions. For example, using LMS to set better training schedules can allow for higher productivity in some industrial environments.
LMS tools can measure things like inventory, use of equipment and movement within a business facility. All of these data points are put together to allow businesses to micromanage labor.

One issue with LMS is cost. With so many other tech tools available to businesses, and so many other demands on corporate budgets, LMS tools can seem unaffordable because they may require a lot of upfront investment. However, some companies have greatly benefited from using these tools to identify productivity bottlenecks and eliminate them. As vendor services continue to evolve, the use of LMS may be one way for businesses to upgrade systems, to keep a competitive edge and to make business more efficient.

Share this:

Connect with us

Email Newsletter

Join thousands of others with our weekly newsletter

The 4th Era of IT Infrastructure: Superconverged Systems
The 4th Era of IT Infrastructure: Superconverged Systems:
Learn the benefits and limitations of the 3 generations of IT infrastructure – siloed, converged and hyperconverged – and discover how the 4th...
Approaches and Benefits of Network Virtualization
Approaches and Benefits of Network Virtualization:
Businesses today aspire to achieve a software-defined datacenter (SDDC) to enhance business agility and reduce operational complexity. However, the...
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.