In today’s competitive market, jewelry businesses need all the tools they can get to stay ahead of the curve. One essential tool is a cloud-based enterprise resource planning (ERP) system. JewelShop, an Acumatica-based solution, is designed specifically for the needs of jewelry businesses.
Acumatica Cloud ERP stands out as the fastest-growing cloud ERP solution, designed specifically for mid-sized businesses. Acumatica offers a user-friendly interface and unrivalled scalability. The unique advantage lies in the unlimited user licensing model, allowing all your employees real-time access to crucial business data. This fosters better collaboration and informed decision-making, giving you a sharp edge in today’s dynamic market.
Acumatica offers real-time tracking, from warehouse to bin location. It goes beyond just quantity, providing robust features like serial control and quality traceability. This translates to fewer stockouts, happier customers, and a sharper competitive edge for your growing business.
InfoSourcing understands cookie-cutter solutions don’t cut it. We take the time to deeply understand your niche and industry needs before crafting a customized solution. This targeted approach streamlines your workflow, maximizing efficiency and propelling your business forward.
JewelShop is a plugin designed by InfoSourcing, built on top of the Acumatica ERP. Levergaing the power of the fastest growing Cloud ERP, Acumatica – JewelShop contains features that cater to the specific processes of the jewelry industry. Our clients say they wish they had found us faster.
This article delves into why JewelShop & Acumatica are a match made in heaven for streamlining the operations of jewelry businesses.
Features built for Jewelry Businesses in JewelShop Cloud ERP
JewelShop offers a comprehensive suite of features to help jewelry businesses streamline their operations. These features include:
Inventory management: JewelShop can help you track your inventory of diamonds, gemstones, precious metals, and finished jewelry. You can also use JewelShop to manage your inventory levels and reorder points.
Sales and distribution: JewelShop can help you manage your sales orders, invoices, and shipping. You can also use JewelShop to track your sales performance and identify areas for improvement.
Manufacturing: If you manufacture your own jewelry, JewelShop can help you manage your production process. You can use JewelShop to track your raw materials, labor costs, and overhead costs.
Customer relationship management (CRM): JewelShop can help you track your customer interactions and preferences. You can also use JewelShop to send targeted marketing campaigns to your customers.
Integration with Apps: JewelShop also integrates with other business applications, including GIA and Rapaport, for diamond pricing and certification. This integration can help you save time and money by eliminating the need to manually enter data.
The JewelShop Edge: JewelShop is built over the Acumatica ERP with features that directly speak to the jewelry business. With JewelShop, you can manage styles, upload extensive jewelry attributes, tag products, handle memo-in and out consignments, and view historical sales of styles.
Unique Challenges of the Jewelry Business
The jewelry business faces a number of unique challenges, including:
Managing a complex inventory: Jewelry businesses typically have a wide variety of inventory items, including diamonds, gemstones, precious metals, and finished jewelry. Each of these items can have a unique set of attributes, such as carat weight, cut, color, and clarity.
Complying with industry regulations: The jewelry business is heavily regulated. JewelShop can help you comply with these regulations by tracking your inventory and sales data.
Meeting customer demand: Jewelry customers are often looking for unique and custom-made pieces. JewelShop can help you meet customer demand by providing you with the tools you need to track your inventory and manage your production process.
Benefits of Modern Cloud ERP
Cloud-based ERP systems offer a number of benefits for jewelry businesses, including:
Increased efficiency: Cloud-based ERP systems can help you streamline your operations and improve your efficiency.
Improved visibility: Cloud-based ERP systems can give you a real-time view of your entire business. This can help you make better decisions about your inventory, sales, and marketing.
Reduced costs: Cloud-based ERP systems can help you reduce your IT costs. There is no need to invest in hardware or software, and you can pay for cloud-based ERP systems on a monthly basis.
Scalability: Cloud-based ERP systems can grow with your business. You can easily add new users and functionality as needed.
Ecommerce Integration
In today’s omnichannel retail environment, it is essential for jewelry businesses to have a strong online presence. JewelShop can integrate with your ecommerce platform to provide a seamless shopping experience for your customers. This integration can help you increase your sales and reach a wider audience.
JewelShop is a powerful cloud-based ERP system that can help jewelry businesses streamline their operations, meet customer demand, and comply with industry regulations. If you are looking for a way to improve your jewelry business, JewelShop is a great option to consider.
Acumatica JewelShop has been a great tool for our business. We used to have separate inventory/manufacturing and accounting systems running at the same time. Acumatica has combined those two into one seamless interface.
The ability to customize reports has given us a better understanding of everything that goes into our business. The level of support has exceeded all expectations. Harsha and his team are immediately responsive to any request I may have.
I would recommend strongly Acumatica Jewelshop to any company seeking to streamline its inventory tracking and simplify its general ledger.
Rudy Bublitz, American Ring Source
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JCK Show 2024
At the 2023 JCK Show, InfoSourcing’s Cloud ERP team met with numerous wholesale jewelry distributors. This, being our first foray into the jewelry industry, proved to be a valuable learning experience. We discovered a strong need for a reliable ERP partner who can not only understand the intricacies of the jewelry business but also guide them through their digital transformation journey.
