Inventory management |
Mainly raw material
tracking is essential, but tracking semi-finished and finished jewelry is also important. |
Tracking finished
products is key, though some companies handle assembly, so tracking semi-products and stones/diamonds is also important. |
Tracking finished
products is crucial. Repairs may require tracking raw materials like metals and diamonds. |
Product management |
BOM tracking is especially important to monitor costs accurately. |
BOM is not always necessary, as manufacturers typically handle this. |
BOM becomes important if there’s in-house production; setup becomes similar to that of a manufacturer. |
Cost management |
Highly important and complex: includes raw material prices and labor costs. |
Less critical, as costs are often based on manufacturer pricing plus margin. |
Wholesale-style cost calculations often suffice, unless custom orders require full cost breakdowns. |
Sales order
management |
Important when deciding whether to fulfill from stock or produce. Custom orders may start as job orders instead of SOs. |
Key for assessing whether orders can be fulfilled from stock or need PO to manufacturers. |
Not critical, but some systems generate SO automatically after each sale to improve traceability. |
Price quoting |
Very important; partners often expect quotes before approving production. |
Relevant only if accepting made-to-order requests. |
Crucial for custom orders. Complexity often leads to reliance on individuals; a good system can replace this dependency. |
Invoicing / Financials |
Important: detailed invoices often needed with cost breakdowns. |
Important with customer-specific pricing structures. |
Important but usually simpler. |
Job order management |
Essential for detailed workflow tracking. |
Rarely needed unless internal assembly exists. Workflow is simple. |
Necessary if in-house workshop and high volume of custom/repair orders exist. |
Repair order management |
Important if repairs are offered. Workflow varies by type and volume of jobs. |
Not a focus unless returns under warranty require simple repair workflows. |
Important if repairs are offered. Workflow depends on whether repairs are in-house or outsourced. |
Casting tree management |
Important for high-volume operations. |
Not necessary. |
Usually not relevant. |
Purchasing |
Important but may be skipped if tracked elsewhere. |
Essential for tracking backordered items and ensuring forecasting and flow. |
Important for automating purchasing of items and gemstones. |
Consignment |
Only relevant if the company produces own styles and tries to sell them. |
Crucial for wholesale models relying on consignment to support buyers. |
Important for tracking incoming consignment, especially from whom and with what deadlines. |
Vendor management |
Moderately important. System works without it. |
Very important for vendor communication. |
Important for interacting with diamond dealers, wholesalers, and manufacturers. |
CRM |
Important but relatively simple. Sometimes supports custom pricing. |
Important but relatively simple. Sometimes supports custom pricing. |
Important and more marketing-oriented. |
Online store integration |
B2B customer portal more important than public-facing store. Storefront relevant only if there are B2C clients. |
B2B portal is also important here. Front-end catalog needed; pricing visible after login. |
Online store integration is critical. Shopify is popular and integrates well with inventory systems. |
Reporting |
Job order-related reports, cost and loss reporting are vital. |
Stock and forecasting reports are key. |
COGS, inventory, forecasting, and cost/loss reports are all significant. |
Customer portal |
Very important. Allows transparent, 24/7 access for partners to orders and information. |
Critical. Catalog access with variations, attributes, and customer-specific pricing is needed. |
Less important, but portals may include B2C e-commerce features – enabling headless commerce separation of frontend and backend. |