Are you struggling to manage your jewelry business with multiple disconnected systems? Do you find it challenging to keep track of your inventory, sales, and customer data? If so, you’re not alone. Many businesses face these pain points when they lack integrated systems.
However, the solution to your problems is simple – choosing an ERP system for your business. ERP systems help streamline your data, handle your data better, allow for collaboration, scale, and save on costs. They also provide the foundation for digitizing your business, which can improve productivity, flexibility, and give you a competitive advantage.
At JewelShop, we understand that the jewelry industry has specific needs that require tailored solutions. That’s why we developed our JewelShop plugin, built over the Acumatica ERP, to provide a comprehensive solution for jewelry businesses. Our system enables you to leverage the power of ERP while addressing your industry’s unique challenges.
Don’t just take our word for it. One of our JewelShop clients, Plasmability, shared how our solution has helped them run much faster in digitizing their business. With JewelShop, they have streamlined their sales, inventory, and customer management processes, improving their overall efficiency and profitability.
About Plasmability
Plasmability is a lab-grown diamond producer in the United States, having developed their own machinery and growth process. In addition to growing as a foundry to sell diamonds, Plasmability also sells machinery and helps other diamond producers set up their foundries. Their mission is to “accelerate production line setup, time to market, and ROI”, to help diamond producers get to market producing high quality lab-grown diamonds.
Plasmability has been a customer of InfoSourcing’s JewelShop since 2021. We sat down with them to understand the factors that guided their decision in choosing JewelShop, and how we continue to serve their business needs.
Challenges
Solution
When Plasmability was looking for an ERP, the challenge that they faced was in finding a manufacturing ERP that could cater to their process: the diamond manufacturing and growth process is so unique. That’s where JewelShop had the advantage in that it knew the industry requirements – and the terminology that’s in use. Instead of having to customize and ERP, they were able to run that much faster using JewelShop. Plasmability had previously tried a solution that they had found at the JCK event in 2020, but found it to be limited in its functionality with a tedious interface.
Plasmability went with comprhensive cloud erp solution Plasmability makes use of JewelShop’s Smart Sale Analysis tool and has found it to be valuable. As they’ve observed, using the Smart Sale Analysis tool saves them the trouble of having to go through several reports to obtain the information.
Plasmability also highlighted the utility of JewelShop’s attributes as well as their use of the GIA integration. The integration of JewelShop has enabled Plasmability to run their sales process much faster.
Thank you so much, the reports are working and so very helpful, especially the Smart sale analysis by style! Normally I would have had to do several reports to get that information. Love it!
JewelShop Plugin – Style and Consignment management
RapNet, IGI and GIA integrations
About Acumatica Cloud ERP
Acumatica Cloud ERP is a cloud-based enterprise resource planning (ERP) software that provides a complete suite of integrated business management applications for small and medium-sized businesses. It is designed to help companies manage their finances, supply chain, distribution, manufacturing, and project management processes.
One of the key benefits of Acumatica Cloud ERP is its flexibility and scalability. The system is designed to be customizable and can be tailored to meet the specific needs of each business. Additionally, it can be easily scaled up or down as a business grows or changes.
Another benefit of Acumatica Cloud ERP is its cloud-based architecture. The system is delivered through the cloud, meaning that businesses do not need to worry about managing on-premises hardware or software. This also allows for easy access to the system from anywhere with an internet connection, providing greater flexibility for employees and enabling remote work.
Some of the key features of Acumatica Cloud ERP include:
Financial Management: The system provides financial management tools, including general ledger, accounts payable and receivable, and cash management.
Customer Management: Acumatica allows businesses to manage customer relationships, including contact management, sales order management, and customer service.
Distribution Management: The system provides distribution management tools, including inventory management, purchasing, order management, and fulfillment.
Manufacturing Management: Acumatica includes tools for manufacturing management, including bill of materials, production management, and materials requirements planning (MRP).
Project Management: The system includes project management tools, such as project accounting, time and expense tracking, and project planning and management.
JewelShop is a software solution designed specifically for the jewelry industry, built on the Acumatica Cloud ERP platform. It is an all-in-one system that provides comprehensive functionality for managing the entire jewelry sales and inventory process, from customer management to order fulfillment and accounting.
Overall, JewelShop is a powerful solution for jewelry businesses looking to streamline their operations and improve their efficiency. It provides a wide range of features that enable businesses to manage their inventory, sales, and accounting all in one place, helping them to make better business decisions and grow their business.
Jewelry businesses, in particular, can benefit greatly from migrating to a cloud-based ERP system like JewelShop Cloud ERP. Here are some reasons why:
Scalability: Cloud ERP systems offer the flexibility and scalability that growing jewelry businesses need. With cloud ERP, companies can easily add or remove users, adjust storage capacity, and scale operations up or down as needed.
Accessibility: Cloud ERP systems allow businesses to access critical data and processes from anywhere in the world. Whether employees are working remotely, at a different location, or on the road, they can access the system and perform their tasks.
Cost savings: Cloud ERP systems can save jewelry businesses money by eliminating the need for expensive hardware, software, and IT infrastructure. Additionally, cloud ERP systems are typically priced on a subscription basis, making it easier for businesses to manage their IT costs.
Improved collaboration: With cloud ERP, employees can collaborate in real-time, regardless of their location. This can help streamline business processes, improve communication, and boost productivity.
Enhanced security: Cloud ERP systems offer advanced security features to protect businesses against cyber threats and data breaches. With automatic backups and disaster recovery capabilities, companies can ensure that their critical data is safe and secure.
In conclusion, cloud ERP systems like JewelShop Cloud ERP can help jewelry businesses achieve complete digital transformation. From improved scalability and accessibility to cost savings and enhanced collaboration, cloud ERP can help businesses stay competitive and grow in today’s fast-paced business world. So, if you’re ready to take your jewelry business to the next level, consider investing in an integrated ERP system like JewelShop. Contact us today to learn more about how our solution can help you gain a competitive edge in the market.
