My team has implemented the PIRO jewelry management software at more than 100 companies so far. These companies are mainly small and medium-sized jewelry companies that are indeed not changing their management system too often, many of them are implementing a true management automation software for the first time.
While our company was able to make the switch to home office quickly, many jewelry companies weren't so lucky.
I'm putting myself in their shoes and I'm trying to figure out what the future holds for jewelry companies when they restart their operations.
Coronavirus will undoubtedly shake the jewelry industry, at least as much as it did in most other global industries. We can envision the possible future if we follow what happened in China - as reported, the Chinese luxury industry experienced 70% or even 80% fall in traffic after the coronavirus outbreak there.
In the last few decades, the competition between jewelry casting companies has intensified. The more inventive ones have purchased the latest technologies, the best machinery and the latest 3D printers. But are these the only things that differentiate a reputable casting company from the others?
We’ve been preparing full steam for the New York Spring JA 2020 show when it suddenly got canceled due to the coronavirus threat. Actually, the other two shows, the MJSA and the Gem Fair were also canceled at the same time.
Have you ever met the problem where you couldn’t tell what raw materials or products you have in your inventory? Ever been in the situation whereby the time you collected all these information, they would be outdated because in the meantime other inventory movements would occur?
Smaller jewelry businesses usually use different manual tools for tracking their processes: excel sheets, Google sheets, various documents, sometimes even pen and paper. As long as there is not a large amount of data that needs to be copied across these sheets and kept updated, this is fine and is (for the most part) convenient and cost-effective.
Our CEO, Zsolt Torok has started a video blog – called Next Level Jewelry – in which he will be talking about topics that can help jewelry business owners to get familiar with technology solutions for their business.
Tradeshows and other live events are great for B2B activities. However, due to the nature of our business we've found a better way of building relationships with our customers. PIRO Summit - organized for the first time in March, 2018 - is a dedicated live B2B event where we dedicate our time to jewelry companies looking for different IT solutions. Let me introduce PIRO Summit to all blog readers.
The US has been historically leading in creating and adapting new technologies – the jewelry retail sector is not much different in this aspect. In the early 2000s, when the first jewelry point-of-sale (POS) systems were launched, technically-minded jewelry retail stores started to use these computerized POS systems instead of paper sheets to track their sales and inventory.