Jewelry Manufacturing

Industry Expertise

The US jewelry manufacturing industry is made up of approximately 1,600 companies, with a combined annual revenue of over $7 billion. Major companies such as Tiffany, Richline Group (Aurafin and Bel-Oro International) and AA Group Holding (ArtCarved and Balfour) contribute towards 60 percent of the industry revenue.

Supply and demand for jewelry is driven by personal income and world gold and silver prices. The profitability of individual businesses depends on efficient operations and cost controls. Large companies have the advantage of offering a broader product line to meet customers' changing desires, through efficient production and distribution operations. Whilst smaller companies can compete effectively by offering individualized and unique product lines.

Sapphire Systems can help your business increase profitability through the use of business management solutions. These solutions, combined with Sapphire's understanding of the Jewelry Manufacturing requirements, your company will benefit from a number of advantages:

Powerful Purchase Order System that enables your business to order materials effectively and efficiently

Simple yet powerful Planning System that helps production planners or buyers schedule and mange items for production or purchasing based on a variety of criteria

Robust Stock Management Systems that is incorporated with sales and finance

MRP (Material Resource Planning) completely integrated with Purchasing, Stock Control and Finance

Fully integrated CRM (customer relationship management) ensures complete control of customer acquisition, retention, loyalty and profitability for the business. Tightly integrated features across marketing, sales and service provide end-to-end visibility of the customer jewelry lifecycle

Inherent landed cost functionality for imported goods with relevant costing attached

Intrastate reporting as standard for imported goods

Powerful Finance functionality to handle all your financial transactions including general ledger, journal entries, foreign currency adjustments and budgets

Technology is a critical component within the jewelry industry, with CAD software used to create virtual models of new jewelry pieces and process control systems to automate steps in mold and model-making. It therefore, should be equally as important to implement a software solution that can manage your company operations more effectively and help your business deliver greater profitability.