ERP for Jewellery Industry
Jewellery and Gem industry in India is one of the largest in India contributing to nearly 6 – 7 % of the country’s GDP. In addition, the GOI has made Jewellery and Gen stones, the export area since the world’s 95% diamonds. Today, there are close to 5 hundred thousand players in the Indian market, most of them being small players.
Sage ERP software for Jewellery industry would be a great asset in Jewellery Shop Industries as it is a proven support in Manufacturing, Wholesaling & Retail sectors of the industry. As we know there would be an ample of transactional data in jewelry business – customers, vendors and labors – ERP would be a great change in these sectors. An ERP software maintains your data and at the same time all the transactions can be well managed and synchronized with no need for manual documents and papers.
An ERP software for Jewellery Industry can help you with:
- Inventory Management
- Maintenance of Data
- Stock Management
- Production & Manufacturing
- Ornaments Price’s Fluctuation
- Tracking of the resources
- Supply Chain Management
- Process Management
- Billing Processes
Jewellery manufacturing trading is different from the other commercial small & big businesses as it contains the price values based upon the market rate which vary day by day. It hence raise same problem that the sales order does not coincide with the state of delivery since the price of the raw materials may be increased in the due course of time. Large amount of stock is important to buy during the decrease so that the company will benefits in the long term. This surely can’t be achieved with the ancient model excel and spreadsheet. You must in need of an automotive system that will alert you whenever the rate is favorable for you, whenever a customer’s payment will be due, etc.
ERP can be the best solution for Jewellery industries for managing the small as well as large business transactions of the industry. An ERP software provides solution for the small business and increase profit because of the better Operational Efficiency and feasibility.
Key Benefits of an ERP software are:
Sometime promoting your business in all levels such as Sales, Customer relationship management, Customer engagement, Accounting, Inventory, Payroll, Assets, Manufacturing process, etc. can be a tedious task. To manage everything smoothly and at the same time, with efficiency, you require an ERP software to be the backbone for your small as well as large scale businesses.
The other benefits of an ERP software are mentioned below:
- User friendly software.
- Easy to use.
- Useful for user to retrieve information easily.
- It Gives Correct Output With Transaction Entries.
- Saves your Valuable Time.
- Better billing processes and receipt formats for the client.
- Better Inventory Management.
- Better Strategical Management for tracking data.
- Better Operational Performance.
- Well Maintained Stock Transactional Data.
- Improved Reporting
- Provides Separate and Different Transactional modules for transactions as per Client’s Requirements.
- Customized and Developed UI’s for the modules as per the Client’s Requirements.
To know more about how can an ERP software benefit your business, SMS SAGE to 56767 for a free consultation. You can also write to Sage Software Solutions Pvt Ltd at firstname.lastname@example.org for a free demo.