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How Important is to have an ERP for Jewellery Industry | ERP For Jewellery Industry

Jewellery Industry is one of the most ancient industries in the world. Constant need for new designs and patterns is the key feature of the ever evolving industry. Gold or diamond, the ornaments actually replicate one’s lifestyle, culture and tradition. Never dying demand for ornaments often reflects the social status and to improve future prospects. And that itself highlights the distinctiveness of ERP For Jewellery Industry.

How Important is to have an ERP for Jewellery Industry?

ERP Stands for Enterprise Resource Planning. A well designed ERP Software is a jewel in the crown for the ever blooming industry. The global jewellery market which made a business of 279 billion US Dollars in 2018 is expected to touch the 480 billion US Dollar bar by 2025. This statistics has a flourishing story to tell.

The use of cloud based ERP Software and ERP integration can surely help the jewellery business operators to take a leap ahead of time. An ERP platform offers assistance for comprehensive operation of designing, design selection, management of different materials and quality control. Top ERP systems work as an all-round control and monitoring system, helping the operation, planning and marketing aspects.

Why to Choose ODOO?

ODOO ERP is an Open Source ERP with wide range of customizable features. Manufacturing Industry, being one of the most important industries across the globe, ODOO has developed a large array of exclusive software features to support different business sectors engaging in manufacturing process. Any jewellery investor can rely on ODOO support for managing stock, inventory, purchase and other processes. Management of everything from purchase of raw materials to the sale of the final product becomes comprehensive with ODOO implementation.

Let’s take a glance at the key features of ODOO software.

  • Order Management

Jewellery Manufacturing Industry needs the best ERP support for managing different types of orders. This feature of ODOO ERP Application enables the user to get rid of all their worries about order management. Systematic arrangement of manufacturing order from retailers is made easy with ODOO ERP. This helps to plan the units of measure of every jewellery item. The management of sale order, purchase order and order summary can also be accessed and processed without delay with ODOO. It also enables us to manage,

  • Repair orders
  • Work order
  • Unbilled order
  • Barcode

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  • Material Requirement Planning (MRP)

Are you worried about Bill of Material (BOM) preparation and MRP? Leave all your worries. We, the best ODOO partner, assure you ODOO support to address all that you need. MRP feature of ODOO helps to plan the procurement process based on demand and order.

Be it the preparation of BOM based on manufacturing order or the listing of components, quality of raw materials including gold, gems or diamond. The quantity of components used for manufacturing each jewellery design can get labelled easily with the professional BOM.

  • Scheduling Work and Managing Workforce

ODOO ERP implementation will help any investor to prepare effective work schedule to optimize productivity. Calculating the potential of the work force based on the work centre capacity can also help the industry.  Efficient scheduling of work hours and workforce can avoid wastage of time and resources. Meeting deadlines also becomes easier with proper time management. ODOO offers your assistance to manage,

  • Work centre capacity
  • Work hour management
  • Time management
  • Reschedule easily
  • Master Data Management

Master Data management feature of ODOO helps the investor to be well equipped to manage customer relation, product management and other tasks. Master data stores all details of the customers including address, location and purchase trend. Details on the use of different materials including metal, gold, and gem stone can be managed with Master Data. Besides, it will help to coordinate the operation of different warehouses and timely transaction with retailers located at different places.

  • Quality Control

Jewellery Industry constantly need quality checks at different stages of processing. Checking the quality to avoid design errors, dents, pull test and the quality of the material used can be done with quality control settings, quality points and checks.

With this tool, one can assure quality control over different process involved in jewellery processing with ODOO implementation. Refining of gold and other metals and free the components from dust and other unwanted substances can be done in a systematic way with ODOO ERP.

  • Maintenance and Repair Management

Timely maintenance of machinery is mandatory to ensure maximum utilization of work hours and work centre capacity in any industry. ODOO apps enables the user to get maintenance alerts based on the maintenance timing, generation of request for repair work by the control panel during emergency situations is also crucial to complete the work on time. Internal and external maintenance management, managing a maintenance calendar for the industry can be done by successful ERP implementation.

  • Report Generation

Report generation, analysis of the performance and sale helps all business sectors to plan for future projects. Generating report on product order, manufacturing process, work hour management, sale and marketing can be done with a click with ERP support. ODOO, the best open source software, enables analysis of cost, waste generation and workforce performance. Every aspect of the business can be consolidated and analysed with top ERP Solutions.

  • Inventory Management

Surveillance system integrated inventory management is made possible with ODOO ERP for Jewellery Industry. It helps to coordinate the handling of stock, managing of lots and batches of products and traceability of raw materials and products. Management of stock and sending alert about dead stock and the need for trendy designs can be incorporated in custom ERP of ODOO.

Let’s sum up

ODOO also offer support for a number of features which are available in all manufacturing ERPs. They are,
  • Waste Management
  • Product Life Cycle Management (PLM)
  • Barcoding
  • Customer Relationship Management (CRM)
  • Work Force Management
  • Shipment and Traceability
  • Account Management

Incorporate all operations with the support of e-platform and integrate different departments and work centres the ODOO way. Management of supply chain and setting delivery standards also become effortless with the ERP. Providing all round support with ERP operation, Bassam Infotech, promises to smoothen all operations and reap success in the sparkling yellow metal industry.

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