Without sophisticated Learning Management Systems (LMS), the year 2020 would’ve been much different. Students wouldn’t have been able to advance through their education with distance learning, and employees wouldn’t have been so productive amid the pandemic.
COVID-19 has truly placed a spotlight on LMS software, showcasing just how beneficial it can be to educational institutions and businesses across industries. But pandemic or not, online training software brings unprecedented value to the manufacturing industry. It can help you develop the right talent in-house, ensure that every employee has the right skills and expertise, and so much more.
So, let’s look at some of the most significant benefits of using LMS software in the manufacturing industry.
LMS Software Standardizes Training and Streamlines Onboarding
Regardless of their previous work experience, education, and qualifications, new employees always need to receive additional training when joining your company. After all, everyone in the manufacturing industry has their unique tasks and processes, and fresh recruits will need some time to get the lay of the land when they join you.
Suppose you want all your employees to be on the same page from day one and provide a consistent output without making costly mistakes. In that case, you need to offer efficient training and a seamless onboarding experience. LMS software allows you to do just that.
You can use it to standardize your training and ensure that every person in your company understands what they need to do and how. Online training software will help you teach new employees and remind old ones how to follow regulations, stay safe, operate your machinery, and be efficient.
An added benefit is that you can use it to standardize training across all your facilities, regardless of the physical distance between them. Your team in Asia can receive the same training as your team in North America. That allows you to ensure the same standardized processes that consistently deliver consistent output.
It Allows For Greater Learning Flexibility
For traditional training and onboarding, your new recruits would likely receive some verbal instructions and get written manuals and textbooks that they’d need to go over as quickly as possible. They’d need to set a significant amount of time aside to sit at their desk with their head in the books and just cram. It’s inefficient, impractical, and inflexible.
LMS software is different. In most cases, it’s a cloud-based solution that provides access to critical information on the go. As long as your employees have an internet connection, they can access the learning materials and study. Over 67% of companies offer mobile learning, for example, to provide their employees with more learning flexibility.
Mobile access to training materials enables your employees to spend as much time as they have on enhancing their skills, whether it’s five minutes or three hours. They can study on the go, during their commute, during their lunch break, or while they’re waiting in line at the bank.
Moreover, since many LMS software solutions place a heavy focus on microlearning, your employees could receive information in chunks that are easy to digest. It improves knowledge retention rates and enables learners to study for just a few minutes at a time.
Online Training Software Improves Employee Retention
Perhaps one of the most valuable benefits of using online training software in the manufacturing industry is improving employee retention.
In the manufacturing industry, the employee turnover rate stands at 16%, making it the fifth-highest across all industries. High employee turnover means you’re always wasting time and resources on finding and training new employees, affecting your overall performance and productivity. By offering training and development opportunities, you can inspire loyalty among your recruits. You’re allowing each employee to improve their skills and advance through their careers.
One of the main reasons why employees leave a company is because there’s no clear path to grow within it. If you create training and development opportunities and make room for growth within your facility, you’ll significantly improve retention and increase employee satisfaction.
As an added benefit, you’ll get the chance to develop the right talent in-house and close the ever-growing skills gap that’s hurting your industry.
It Helps You Cut Costs
Traditionally, if you wanted to offer training and development opportunities, you’d need to send your employees to old-school classes. You’d need to hire an instructor, create an adequate learning space, allow employees to take time off work to study or have them go to classes right after clocking out. You might even have to send them to out-of-town seminars and classes, and the costs of it all quickly add up.
With LMS software, none of this is necessary. You can easily create courses from scratch, design tests and quizzes, create detailed reports, and enable your employees to learn in any way that suits them. Your only expense will be investing in an online training software solution. E-learning is flexible, efficient, and affordable, so you’ll cut costs and supercharge your savings.
You Can Use LMS Software to Keep an Eye on Employees
The best LMS software solutions enable you to keep a close eye on how your employees are progressing through their learning materials. You’ll receive detailed reports and analytics that’ll give you insight into the topics your employees are struggling with the most; you’ll get an overview of the group and individual performance, engagement levels, and more. Moreover, if most of the employees struggle with the same points, you’ll receive notifications and feedback on how you can make the course and learning materials better.
LMS software isn’t just a collection of PDF study materials. It’s a comprehensive solution that can enhance every aspect of employee training, and it will prove to be invaluable in the manufacturing industry.
The Bottom Line
Online training software brings an abundance of benefits to companies across industries and niches. In the manufacturing industry, it can:
- Standardize training and streamline onboarding;
- Allow for greater learning flexibility;
- Improve your employee retention rates;
- Help you cut costs;
- Allow you to monitor employee progress and performance.
Fortunately, there are plenty of unique LMS software solutions that you can rely on. So, make sure to give them a try and see for yourself what a difference they can make for your company.
Why is FinancesOnline free?
Leave a comment!