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Supply Chain Glossary - L

Supply Chain Glossary - L

labor grade

A classification of workers whose capability indicates their skill level or craft. See: skill-based compensation, skills inventories.

A partial productivity measure, the rate of output of a worker or group of workers per unit of time compared to an established standard or rate of output. Labor productivity can be expressed as output per unit of time or output per labor hour. See: machine productivity, productivity.


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