Wfm meaning. The absenteeism rate, absence rate, or absence percentage, is the rate of unplanned absence due to sickness or other causes. Wfm meaning

 
The absenteeism rate, absence rate, or absence percentage, is the rate of unplanned absence due to sickness or other causesWfm meaning , Titles for chess players, Titles for chess trainers, Titles for chess organizers, and Titles for chess arbiters

This process includes all activity and maintains a workforce, such as service management, HR. Cable Telecommunications, Telecom, Cable Telecommunications. A floating holiday is a benefit you can offer your employees in addition to paid time off (PTO) or vacations. Printer friendly. 90+. NFM in the scanner sense is the newer 11kHz-wide FM, which. Call center WFM data is the kind of a food that your accounting people crave. The KPI meaning in retail is a quantifiable measure that can tell a retailer how their business is performing. Customer interactions are no longer limited to traditional voice, email and chat channels. Calabrio Quality Management is a key driver of the Calabrio ONE workforce performance suite. Workforce management software. the act or process of shrinking; the loss in weight of livestock during shipment and in the process of preparing the meat for consumption… See the full definition. The Classifier’s Handbook TS-107 August 1991 . What is workforce management? The term workforce management – or WFM – describes the process used by employers to distribute their resources and employees, to monitor attendance, and to keep up with regulations and laws in the workplace that are continuously shifting. An enrollee, an enrollee's prescriber, or an enrollee's representative may request a tiering exception or a formulary exception. The vast process of WFM (Workforce Management) involves a set of activities such as; The process makes sure that the business stays on track with the implementation of WFM activities. 1. ASAP – As Soon As Possible. 2. After you set up a connection, your frontline workers can seamlessly view and manage their schedules in your WFM system from within Shifts. This includes wages, salaries and bonuses, as well as superannuation contributions and other payslip deductions. Δf Δ f is the peak frequency deviation, and fm f m is the highest frequency component in the baseband input. P. Example answer: "I would use a variety of sources to collect staff performance data. With workforce planning, you have a roadmap for your staffing requirements to prepare for the future. Meaning; WFM: Workforce Management: WFM: Wait for Me (chat) WfM: Wired For Management (Intel) WFM: Waveform Monitor: WFM: White Frequency Modulation (ANSI) WFM: Workflow Manager: WFM: Wire Frame Model (computer graphics) showing only Information Technology definitions (show all 30 definitions)The mean (or average) of a series of numbers of length n is defined as the sum of the numbers in the series divided by n. , grandmaster). usually used to denote broadband FM broadcast, whether for FM broadcast band. The Utilisation formula is as follows: Utilisation (%) = Total Logged-in Time ÷ Total Shift Time × 100. Its capabilities typically include labor forecasting, employee scheduling, time and attendance tracking, leave management, and rule or policy enforcement platforms to assist with. or for FM video carriers. Select All tab (if your mobile doesn't show all apps by default) 4. different for different services. This is half a standard deviation which is a lot. ASAIC – As Soon As I Can. Cable Telecommunications, Telecom, Cable. Well, we’ve now even moved to the new realm of WEM, where we might even be talking about the entire dinner party, as opposed to just the meal, where everything comes together. An example of a key performance indicator is, “targeted new customers per month”. With the growth of mobile technology and cloud computing, those processes and practices are now conducted, almost exclusively, via computer and its associated software (a. And that’s where workforce management (WFM) for call centers comes in. Like other official FIDE titles, once a player is awarded the. This definition appears frequently and is found in the following Acronym Finder categories: Business, finance, etc. Workforce management, commonly called WFM, usually refers to how a contact center handles and organizes its staff. (With stress on works and me. Revenue management is the art and science of predicting those swings in demand and responding in a way that maximizes the business’s revenue. Let’s assume, Team total = 20. It is often used in role-playing when a person wants to break character or in fanfiction when a writer is expressing concern that a character was not himself in a certain scene or instance of dialogue. Accurate WFM forecasting is the foundation of call center scheduling, and without it, over- and understaffing will occur and impact the profitability of a contact center. Effective workforce management encompasses all of the activities. Chess titles are titles awarded to players based on their skill, performance, and rank. Create a deployment plan and ensure detailed documentation of the process. Workforce scheduling is defined as the process of establishing the schedules of hourly workers to meet the current and future demands in a. And if you’re integrating your contact center software with your WFM solution, these metrics will even generate automatically and in. For narrow FM, Δf Δ f will typically be 5 kHz or less, and for voice communications fm f m will be 4 kHz or less. Workforce management (WFM) software is a suite of tools that helps ensure employees are in the right place, at the right time for maximum productivity. This is a role where you do good – all on a schedule that fits your own needs. WFM Full Form is Waveform Monitor. But when goals aren’t achieved, it’s. Its capabilities typically include labor forecasting, employee scheduling, time and attendance tracking, leave management, and rule or policy enforcement platforms to assist with regulatory. In formula form this is shown as follows:. Real world results from Verint WFM customers. With this data, the employer can start hiring the staff they need for those available vacancies. Our AI-powered technology platform integrates easily with your contact center’s ACD and WFM systems, synchronizing their inputs and offering real-time, proactive support to frontline agents. The central bank regulates this minimum limit. The formula to calculate the full-time equivalent (FTE) is as follows: Total working hours per year is calculated considering 8 hours, five days a week, and 52 weeks in a year = 8 * 5 * 52 = 2,080 hours. Interact & Notify. Schedule conformance is the amount of agent time actually spent working as a proportion of their total time scheduled to work, regardless of their adherence. The XGF-02 Gundam Lfrith (XGF-02 ガンダム・ルブリス, Gandamu Ruburisu?), aka LF-03, is a mobile suit introduced in Mobile Suit Gundam the Witch from Mercury PROLOGUE. Reimbursement has two meanings: The action. Transparency. Meaning that instead of having to focus so much time and attention on completing manual processes within the system, Kronos automates these tasks and gives employees more time to do their jobs. 30% reduction in overtime – Guardian Life. Meaning; WFM: Workforce Management: WFM: Whole Foods Market: WFM: Wholesale Fish Market (Hong Kong) WFM: Work from Home: WFM: Western Federation of Miners (radical labor union in 1890s-1900s) WFM: Worldsource Financial Management (Canada) WFM: WAY Fund Managers (UK) WFM: West Fraser Mills (various locations)WFM, scheduling shifts and time management. A new definition of workforce management: a thought leadership Advertorial from interactive intelligence. WFM involves the creation of staff schedules and labor forecasts and ensures that a company has the required team members doing their part in the organization. This page explains what the acronym "WFM" means. Dive into Teleopti WFM features. What does WFM abbreviation stand for? List of 79 best WFM meaning forms based on popularity. ” It is commonly used in text messages and online conversations to indicate agreement or acceptance of a suggestion. The contact centre shrinkage formula is calculated by adding the total hours of external shrinkage and the total hours of internal shrinkage, then dividing this by the total hours available, before multiplying the result by 100. All of these factors are designed. It includes all the activities needed to maintain a productive workforce, such as field service management, human resource management, performance and training management, data collection, recruiting, budgeting. And if you’re integrating your contact center software with your WFM solution, these metrics will even generate automatically and in real-time. Definition: Works for Me. WFMZ-TV (channel 69) is an independent television station in Allentown, Pennsylvania, United States. Because of the company’s sole focus on workforce management, unique product features, obsession with customer service, and an. Here are the 10 most common contact center KPI metrics in the workforce management industry: 1) WFM analyst efficiency – Before we dive into the agent-oriented indicators, setting up your WFM analyst with the right technology to do their job is essential. Adherence – The percent of time an agent works on a scheduled task when compared to the total time they are scheduled to work, sometimes called schedule. Baby, you can't get enough of me. Every employee is entitled to receive. Some tournaments are exclusive to GMs, these are normally the highest chess competitions and are very popular. com! 'Workforce Management' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Companies that have PureConnect's Interaction. wfm is the third-highest title specifically created for females in chess and sits 100 points ahead of the candidate master. In this guide, we will dive into what absenteeism is, common causes, its impact, and we end with 13. The fields specified as “required” in the Interface File Formats document, must be provided in the input file. The WGM title carries immense prestige as it signifies immense dedication, natural talent and world-class chess ability. By default, LTA and break time are not included in the. similar characteristics and functions assigned to positions in many different occupational series. Tap on Apps. Scheduling features. Total: 0. There can be exceptions in certain modes, and you can often tell the scope to export less points. With this data, the employer can start hiring the staff they need for those available vacancies. You will normally find all the information you need in your ACD. Supply and demand is a straightforward concept, and it’s at the heart of workforce management and employee productivity. state of Colorado, by gold and silver miners and mill workers represented by the Western Federation of Miners (WFM). Two employees work 40 hours a week. WFM Definitions. Empower & Work Together. Workforce management (WFM) is a crucial aspect of successful business operations. WFM software is an important part of your call center operation, by contributing to the satisfaction of your customers and agents alike. WFM software got its early start in call centers, forecasting call volumes. If you need to upgrade your labor standards and improve your operational efficiency, start with your driver data. WFM is a two-letter term that can have different meanings depending on the context. Workforce management definition. WFM stands for Waveform Monitor. WFM began as a means for improving the consistency, efficiency and productivity of call centers but has since expanded to other industries and job functions. , a leading cloud-based provider of customer service and digital engagement tools, has announced LiveVox WFM. Mistake 8: No clear call to action. This monitor is used to measure the voltage of a video signal with respect to time. See more words with the same meaning: acronyms (list of) . Ceridian sells the Dayforce platform according to module – you purchase the functionality you need. Most business leaders are good at setting goals. armature radio, taxies, marine, etc. Payslip Template. Connection instance: To create a connection instance, you configure the following settings:The Utilisation Formula. 'Cause baby, I am yours. Functions are of these data types: date, number, and text. Complex environments. When upgrading older SharePoint farms that are using Classic Workflow Manager (WFM) to a newer version of SharePoint, WFM needs to be upgraded to SharePoint Workflow Manager (SPWFM) as well. That's the amount the carrier frequency can swing. Planning is the task of scheduling the team members so that the work gets completed on time. Tickets: Customer contacts that come in and need to be answered by agents. (2012). Metrics measure the success of everyday business activities that support your. . Benefits that Matter When you care for our customers, we care. Workforce management definition. maintaining accurate payroll. Manual, Excel-based forecasting and scheduling takes a lot of time just to deliver passable—no offense—results. NICE Workforce management with AI addresses the challenges head-on, delivering scheduling efficiencies with the most. It includes: forecasting staffing levels. Organizations now leverage WFM. That’s why we’ve banned hydrogenated fats, high-fructose corn syrup, sweeteners. Power up WorkflowMax’s project management prowess with more than 30 software integrations. Unlock the Value of Your Data. This document is intended to help users understand the meaning of each column in the channel editor. This was a prototype MS developed by the Ochs Earth Corporation, a company that was established on Earth. Meaning of WFM. The key difference is that FTE refers to the number of full-time hours being worked, while headcount is the number of employees in an organization. These can be subdivided by the channel through which they're received—e. . With WFM software, you can get automatic tracking for important metrics like service levels and time spent on tickets, chats, and calls. I promise we'll be fine. Modulated). WFM offers flexibility, by providing multiple methods to forecast the workload and staffing requirements for work activities. Call centers support a number of different industries and functions, and often handle contacts via channels beyond the telephone, including email, chat, social media and SMS. WFM is almost totally automated now. Forcast & Plan. The meaning of WFM does not have to be exclusively one of those listed above, as this abbreviation may have different meanings that have not been included. Home Games & Quizzes History & Society Science & Tech Biographies Animals & Nature Geography & Travel Arts & Culture Money Videos. Accurate scheduling is dependent upon the forecast correctly estimating anticipated call volume and determining the number of agents required to meet service levels. Intraday Management proactively adapts to everchanging conditions and behaviors, delivering consistent and efficient contact center staffing. WFM includes determining and providing schedules and forecasting, for example. One plan worth a close look is the consumer-directed health plan (CDHP) – sometimes called a consumer-driven health plan and high-deductible health plan (HDHP). By implementing a successful workforce management system, you can manage your time. Key Terms in Workforce Management: T to WFM. From accounting to helpdesk tickets, document management, scheduling, reporting and CRM, we’ve got you covered. AcronymAttic has 69 unverified meanings for WFM. Workforce management is the process of strategically optimizing the productivity of employees, ensuring that all resources are in the right places at the right times. Planned leave 2. Get hired. This decade saw the advent of MTV, Valley Girl culture, and TV hits like the Simpsons; of. KPIs are the key targets you should track to make the most impact on your strategic business outcomes. If your WFM team spends any time in their day adjusting breaks and lunches after the fact because an agent was stuck on a phone call, this is a good indication. Menu Search "AcronymAttic. We greatly appreciate our partnership with VXI, their flexibility in making the relationship win-win, and the quest for continuous. LOL – Laugh Out Loud. In smaller companies, this role is sometimes combined with a team lead position. It covers everything from basic abbreviations used by planners to the terminology experienced forecasters use. Manage complexity and achieve accurate, compliant payroll across 160+ countries in a single experience. That means forecasting demand, creating shift schedules that meet that demand, and managing employee attendance and performance. As a strategy, workforce optimization infuses skills into the WFM process, combining the efficiency of automated WFM with the flexibility of a skills-based talent approach. From call centers to healthcare services, many industries have employed WFM to successfully optimize their processes. you may want to consider using professional WFM software. 1904. Notice the woman titles. It’s about meeting customer demand without overwhelming agents or, on the contrary, leaving them with too little to do. A fast formula function is identified by its name, return data type, data types, and usage behavior. No exchanges for money, goods, or services. Call Center. Ceridian sells the Dayforce platform according to module – you purchase the functionality you need. Business Process: In Workday, a business process comprises tasks that you start, complete, act upon to accomplish the required business objective. F rom this mission, some elementary functions are derived that include activities such as raising alerts, generating and updating periodic. WFM is Internet slang for 'Works for me'. Transform your global payroll experience with UKG One View™. At its core, workforce management comprises all the activities and processes needed to manage and maintain a productive workforce – from budgeting, scheduling, and forecasting to tracking employee time and complying with regulations. It’s important to help agents and supervisors understand more about the WFM process and their roles in the big. Seamlessly integrated analytics and data management solutions use sophisticated AI. Workforce Management (WFM): this refers to a tool that manages agent staffing, scheduling, and long-term planning. Workforce management (WFM) is an institutional process that maximizes performance levels and competency for an organization. Simply put, a work-from-home job is a work arrangement that does not require an employee to commute or travel to their physical place of work, e. Anode rod. The definition, example, and related terms listed above have been written and compiled by the Slang. In other words, WFM processes include all those. 1. g. 2. For instance, if an agent spent 54 minutes on calls during one hour (aka 60 minutes) of work, they would have an occupancy rate of 90 percent (54/60 = 90%). NICE IEX WFM Attracts Fanatical WFM Pros NICE IEX WFM v6 includes >100 features requested by customers Queue based contact history Date-specific agent data 5 Large, iconic brands. It covers all functions and activities needed to maintain a productive workforce, including but not limited to: Human resource management (HRM) Talent management. WFM is a set of integrated processes designed to streamline day-to-day operations and maximise the productivity of your staff. WFM is also eligible to get free entry in some tournaments and they are also able to play a few strong tournaments due to their title. As a Shopper in our stores, you give access to wholesome food to 20-40 families a day that may be unable to shop for themselves. Workforce management (WFM) is a set of techniques designed to allocate resources, improve efficiency, forecast workloads and manage schedules. ASAIC – As Soon As I Can. More lessons are learned from failure than from success. You can see there is a lot of rating difference in FM vs WFM title. No usernames or personal info. Imparting effective training to existing and new employees. Workforce management (WFM) is a set of processes meant to increase the productivity of a company’s employees. Advanced WFM software uses technologies such as call pattern analysis and skills based routing to assign agents most suitable for the job. 1. The benefits you provide are about more than your workplace. In the simplest terms, WFM is a set of processes designed to achieve and maintain operational. Workforce scheduling is defined as the process of establishing the schedules of hourly workers to meet the current and future demands in a workplace, such as a restaurant, a hospital, or a retail store. Workforce management encompasses all activities needed to maintain a productive workforce. It encompasses all facets of the employee journey, commencing with recruitment and extending to hiring, scheduling, performance assessment, and succession planning. The basic building blocks of contact center WFM. CXone is a cloud native, unified suite of applications designed to help a company holistically run its contact (or call) center operations. WFM. The analyst’s mission is to monitor compliance with the shift schedule and the main indicators. The process includes all the activities needed to maintain a productive workforce, such as field service management , human resource management , performance and training management, data collection, recruiting, budgeting. Chess titles are awarded by governing chess bodies and federations. by mrwl October 9, 2021 Get the WFM mug. Looking for the definition of WFM? Find out what is the full meaning of WFM on Abbreviations. Locally-based Maranatha Broadcasting Company owns both WFMZ-TV and Wilmington, Delaware–licensed MeTV affiliate WDPN-TV. Workforce management, or WFM, is actually quite simple. Workforce management definition. ” It is commonly used in text messages and online conversations to indicate agreement or acceptance of a suggestion or proposal. Workforce Management Deployment Lead Resume Examples & Samples. The first thing you want to do is get hold of all your previous data. Workforce management (WFM) is the process of forecasting, scheduling, and managing employee adherence/conformance to optimize workforce productivity. tracking time and attendance. Companies employ WFM systems on a number of levels (individual, departmental, company-wide) and for a variety of reasons ranging from hiring and scheduling to payroll. Mobile WFM: Display scheduled hours. KPIs support your strategy and help your teams focus on what’s important. Threats include any threat of suicide, violence, or harm to another. The more activities you include in your schedule, the more accurate of a forecast you will be able to create. When I write WFM, I mean this: "Works for Me" Summary of Key Points "Works for Me" is the most common definition for WFM on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok. Workforce management (WFM) is a crucial aspect of successful business operations. complying with legal requirements. Workforce management (or WFM for short) is a combined set of interrelated processes and practices that a business uses to track and improve the productivity of its employees. WFM is Work Force Management is an important department in BPO which do act on agent roster, manpower planning and forecasting etc. 50 Categories. It includes: forecasting staffing levels. Ad hoc reporting and analysis is important because it enables businesses to quickly find answers to unique queries as soon as a question is posed, thereby hastening the decision-making process. . what is the difference betwen nfm and fm For the Transmitter side its easy, make sure your frequency variation with the varicap is small. Learn how Logile's machine-learning software and industrial engineering help retailers optimize store operations, improve service levels and empower employees. include forecasting, scheduling and managing. The WFM pinch-off in low pVt device has different WFM recess depth from low nVt device which has thinnest WFM stack. WFM (Workforce Management) A system intended to maximize the use of agent labor by projecting incoming call volumes and scheduling staff to meet needs exactly, by time of. Schedule a Consultation With Our Retail Experts Today. 1. Male – Mean = 1675, standard deviation = 346. The acronym WFM stands for “Works for Me. Buying health insurance can be very confusing. In short, workforce management is all about figuring out how to meet customer demand, without over- or under-burdening agents. With a CDHP, you must pay your medical costs before your health plan does. The first step when trying to pursue a career as a workforce manager is to apply for and complete a bachelor's degree in a field that is related to the type of industry you want to enter. WFM is indeed. WFM ensures the business has the right people to achieve high-quality results. Therefore, additional WFM chamfering processes and passes are required to. Dayforce is a full-suite HCM solution that offers numerous workforce management modules in addition to other core HR aspects. The WFM title is one of the women-only titles offered by FIDE, and it holds significant recognition in the chess world. There’s also hints of classic soul in K’s vocal lines and the lush background vocals that accent his verse. WFM scheduling is a way of determining how many employees are required for a particular job at any given time. definition. Tracked Time: Time agents spend on certain activities that are monitored and logged by a punch-in system. She is also the first LGBTQ protagonist in the Gundam franchise. WFM: [interjection] acronym for "works for me". Suggest now. Workforce management software. Further, ad hoc reporting and analysis reduces IT and data analyst workloads. maintaining accurate payroll. With its catchy melody and heartfelt lyrics, the song takes listeners on a journey through the emotions and struggles of a couple trying to. Workforce management (WFM) software is a suite of tools that helps ensure employees are in the right place, at the right time for maximum productivity. complying with legal requirements. NM - National Master. Our back office customers describe the value of WFM across three dimensions: 1. For the time being, I believe that the Parade Control is broadcast in NFM in addition to WFM. WFM Integration makes these historical statistics and real-time user status updates available to third-party workforce management products. showing only Slang/Internet Slang definitions (show all 30 definitions). Here are. Work from home gives flexible working hours to the employee as well as the job for the employer is done with ease. TechTarget Contributor. 12 WFH is the usual acronym for working from home, as you'd expect. What does WFM mean as an abbreviation? 79 popular meanings of WFM abbreviation: No terms for WfM in Service. Historical Data. The term originated in contact. But what does that mean exactly? Simply put: WFM means a holistic way to ensure that your employees are as productive as possible by making sure they always. Sound knowledge and hands-on experience with WFM software and tools; Budgeting, scheduling, and forecasting skills; Responsibilities of a Workforce Management Professional. Teaching Agents and Supervisors about WFM. “WFM” is rooted in Toronto R&B, but the song’s percussion is far more acoustic than what most of his contemporaries prefer; the hushed hi-hats and claps bring an aura of calmness to the track. According to the definition, Workforce Management (WFM) is a set of processes meant to maximize the performance levels and competency for an organization. Real-time adherence essentially shows you in real-time what an agent is scheduled to be doing, and what they are actually doing. WFM is also eligible to get free entry in some tournaments and they are also able to play a few strong tournaments due to their title. Essentially, WFM is an integrated strategy designed to streamline. Calculate Your Payoff. Looking to reduce costs, increase productivity. WFM is listed in the World's most authoritative dictionary of abbreviations and acronyms. WCM - Woman FIDE Candidate Master. WFH can also be called telecommuting or remote working. ”. Since you're installing a fresh copy of SPWFM on new hardware and upgrading the existing WFM databases, this procedure is. We are constantly updating our database with new slang terms, acronyms, and abbreviations. Games & Quizzes; Games & Quizzes; Word of the Day. com. Vote. The last, but certainly not the least, process that WFM involves is data analytics management, or collecting and processing data about the performance of the workforce. Fast formula functions manipulate data in different ways and always return a value. In other words, WFM processes include all. Entity sets for greater intraday visibility Graphical, web-based reporting Entity parameters copying capabilityColorado Labor Wars. How to Work Out How Many Staff You Need in a Contact Centre. What is the meaning of FIDE Master? FIDE Master is 3rd most popular title in chess. Workforce optimization (WFO) and Workforce management (WFM) are used for workforce utilization and sometimes interchangeably. Also, if there is a worker who is not fulfilling their duties, you can solve that problem. FIDE ( Fédération Internationale des Échecs ) is an international organization based in Switzerland that connects the various national chess federations and acts as the governing body of international chess competitions. What is Reimbursement. The X-EX01 Gundam Calibarn (X-EX01 ガンダムキャリバーン, X-EX01 Gandamu Kyaribān?) is a mobile suit introduced in Mobile Suit Gundam the Witch from Mercury. ; This proposal works well enough for me and I see no reason to try anything else. I'm trying to understand more about the audio demodulation and I'm puzzled by the. There are, however, many solutions today that use machine learning to ease the burden of complex analysis and trigger actions on behalf. Adherence – The percent of time an agent works on a scheduled task when compared to the total time they are scheduled to work, sometimes. It involves looking at direct and indirect costs, and it’s usually broken into three specific categories: labor, materials and overhead. And baby, you are. WFM Integration is a software package that (in separate modules) collects historical statistics and reports real-time user status updates from your CIC servers. A player who has earned a chess title is often referred to as a "titled player" or by their actual title (e. We believe that the best ingredients belong on your plate. WFM tends to focus very specifically on the forecasting and. The data delivered by call center workforce management software boosts the accuracy of forecasts and schedules, while also allowing managers to assess adherence in real-time, and make adjustments as needed so customer service. Headcount. Step 4: Calculation of the FTE per year. Workforce management (or WFM for short) is a combined set of interrelated processes and practices that a business uses to track and improve the productivity of its employees. Most common WFM abbreviation full forms updated in November 2023. The newcomer wrote and produced the b. UKG Ready is flexible HR, time, and pay software for small businesses. To work out FTE, you must know what’s considered full. It includes key business functions such as scheduling, performance management, budgeting, and forecasting. Forecasting must consider omnichannel interactions and unique average handle-times to determine the proper FTE requirement by skill, channel, and time. Get your teams pulling in the same direction. 1. 5 KHz), whereas NFM is 2. And, as the very definition suggests, the. Workforce Management (WFM) is a set of processes that are used by a company to maximise the productivity of the employee. WFM is a set of integrated processes designed to streamline day-to-day operations and maximise the productivity of your staff. WFM Meaning. WFH is the usual acronym for working from home, as you'd expect. The anode rod protects the water tank from corrosion due to magnesium or aluminum. It involves a collaboration of people, data, business processes, software and hardware.