A Learning Management System (LMS) is a software that delivers training modules by electronic mode. These modules are delivered via a computer on the internet (cloud-based LMS) or a networked solution within the organisation. Its primary use is to manage and develop learning it comes with the TMS functionality and added services such as monitoring the learning and target setting. It also keeps skill profiles to manage skill compliance.
Every organisation should focus on learning the ins and outs of their business. They should keep abreast of the developments in their field. All this is necessary to stay alive in the fiercely competitive world.