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Jewelry Management

Introduction
Our Solution
Solution Overview

Inventory and out of stock Management

N-NET solution for Jewelry Management is designed to be deployed quickly to allow you to realize the following benefits immediately.

  • Perform Quick and Easy Daily Inventory and Reconciliation
  • Reduced Labour Costs and Errors
  • Receive Alerts and Warnings Based on Inventory Data
  • Access your Jewelry Database and Inventory Reports from the web
  • Increase Potential Retail Sales

Point of Sale (POS)

Jewelry Management Solution is integrated with the POS. This helps jewellers to:

  • Reduce time taken at POS by faster processing
  • Enables Real time tracking of Jewelry

Search Tool and Report generation)

RFID can be used to track and trace thousands of Jewelry pieces in real-time. Real time tracking helps Jewellers to:

  • Monitor stock levels
  • Make appropriate decisions with regards to inventory.
  • Get alerts about any exceptional scenario.

Jewelry Management Solution by N-NET

CONVERTING DREAMS INTO REALITY (IMPLEMENTATION STEPS)

N-NET provides a complete solution that allows Jewellers to track and maintain the history of every piece of Jewelry in their inventory in a customizable database.

  • Commissioning of Tags- As a first step, a RFID tag with a unique serial number is attached to each item in the inventory.
  • Hardware Installation- RFID Readers are then installed which is used to track Jewelry. Trays containing Jewelry can be placed on the RFID antenna.
  • System Integration- All RFID tags attached to the items is instantly read and the records for any associated items are immediately updated in the database.
  • Reporting- The solution provides extensive reporting to ensure complete visibility and real time track of Jewelry. Users can customize reports.
  • Business Intelligence- The solution provides a layer of business intelligence on top of the data generated by the RFID devices. This provides the management with exact information about different aspects and helps them take decisions based on the analysis of information.

HARDWARE REQUIRED

RFID Tags: Uniform hard tags, Plastic Labels

RFID Readers:

  • Handheld Reader for search and inventory management
  • Fixed reader for POS and stock taking
  • RFID Multi Port reader for real time inventory and out of stock order

Networking Infrastructure:Ethernet, WIFI, Serial

Solution Overview

(RFID based Jewelry Tracking)

Jewelry businesses deal with expensive assets on a daily basis where the loss of even a single item can be expensive. As a result Jewellers need to keep track of their assets for both accounting as well as insurance purposes.

It is common industry practice to move all items from the display into vaults every night. In addition to this daily movement, items may be periodically sent to shows or exhibitions. Every time assets are moved they need to be counted and inventoried. This is often a completely manual process, which is very time-consuming, requires handling of each item, and is sometimes error-prone. Often, this operation has to be performed using employees and resources that could otherwise be used elsewhere. Some are using barcodes which means additional (and unnecessary) handling of the items.

Clearly, the industry needs a better solution and the N-NET solution for Jewelry Management offers an ideal solution to all the above problems. It is based on High Frequency (HF) technology where each Jewelry has RFID tag and there are different types of readers available for different scenarios. The hardware is interfaced by a web based or standalone application. The web based application ensures complete visibility of Jewelry in stock and desktop application ensures reliability in reading tag data from the readers.

The N-Net Solution for Jewelry Tracking helps in the following areas:

  • Inventory Management
  • Real Time Stock Updates
  • Efficient Search Tool
  • Out of Stock Management
  • Customized Report Generation

Technology Comparison

RFID Vs Barcode

RFID Barcode
Both read
and write
Read only
No line of
sight required
Line of
sight required
Cannot be
duplicated
Can be
duplicated
Multiple item
can be scanned
simultaneously
Single item scan only.

ROI Considerations

  • Loss of even one item of
    Jewelry is very expensive
    and makes it easy to
    quickly recognize an ROI.
  • The tags used are re usable
    to recognize quick ROI.
  • More time can be spent
    now serving the
    customer which would
    eventually help to
    increase ROI.