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What Makes Diamond Inventory Software Sought After In The Jewellery Universe?

By Author: Parth Roy
Total Articles: 4

A precious gem like a diamond deserves to shine brightly. And the onus falls on the gems and jewellery industry to select the right stone for their jewellery business. The diamond field, in particular, is vast and extensive. In order to manage it efficiently, it becomes vital to choose the right inventory software that will take care of its day-to-day operations and make life easier for diamond merchants.
When it comes to selecting diamond inventory software, there are options based on the needs of the industry. The process and functioning of every business is different, and so are their software requirements. So it is necessary to decide which diamond software would be most suited.
How can Diamond Inventory Software help the business?
When choosing software, pick the one that is cloud-based as you can then use it easily from anywhere and you don’t have to worry about data loss. It should be user-friendly and must offer real-time updates. It should also be able to monitor your goldsmith by taking orders, and be suitable for any kind of diamond business, be it retail or wholesale. Other than managing your warehouse, it also monitors your accounting, purchase orders, invoicing, sales, billing, tracking of orders and so forth.
So what are some of the features of the diamond inventory software that make it sought after?
Multi-Stock
This feature monitors diamonds, certificates, gem stones and rough stock.
Small Stones/ Single Stones
There is a special system to support both ways of production settings.
Secured and Closed System
It is designed in a manner to regulate multi branches and Multi Company’s environment.
Reports
There is a built-in report generator for stock, purchase and sales.
History
This feature will exhibit detailed and elaborate history and transactions.
Export/Import
Export/Import data on Excel, HTML, and Word as well PDF.
Tracking Module
Every stone comes with a tracking module feature.
Diamonds Documents
The diamond documents feature comprises purchase, invoice, broker, memo and transfer to branches
Barcode
The barcode is used for parcels, certificates and so forth.
Accounting
The accounting function is integrated into the software.
So these are some of the attributes that are usually featured in software for diamond industry.
So, what are the many benefits of diamond inventory software?
Inventory Management
This is one of the most important functions which will ensure that the business is never out of stock anymore. You canset a warning level so you receive alerts as soon as you are about to run out of stock, giving you ample time to restock the warehouse beforehand.

Enhances Management System
With a superior and quality management system, any business can be improved. With diamond inventory software, you are able to manage your entire business from one single application.
Boosts Customer Relationship
Customers are the most important assets of your business. It requires a lot of work and skill to maintain excellent relationship with existing customers while generating new leads and looking for prospective customers. Any diamond inventory software should have the capability to enhance customer experience with swift billing, tracking orders and purchases.
With superior features that help manage the entire gems & diamond industry, it is no surprise that more and more diamond businesses are opting for diamond inventory software.

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