Are You Still Using Excel for Jewellery Inventory ?

Jewellery businesses that still use outdated methods, such as Excel spreadsheets or manual record-keeping, often face issues like stock discrepancies, overstocking, and shortages. Although Excel templates may work for small businesses, growing jewellery manufacturers need a more advanced solution. Suntech’s SUNFACET ERP is a strong inventory and manufacturing management system designed for the jewellery industries in Dubai, Saudi Arabia, and Qatar. 

The Drawbacks of Relying on Excel Templates for Jewellery Inventory and Manufacturing 

Many jewellery manufacturers start with Excel templates for stock and production management. While cost-effective, this method has several drawbacks:

Using Excel templates for jewellery inventory and manufacturing management has several problems. These issues slow down the business and can lead to mistakes.

First, updating records manually is slow. Every update must be done by hand. This takes a lot of time, especially with large amounts of data. It also leads to mistakes. Incorrect data entry can cause errors in stock levels or production.

Second, Excel does not show real-time updates. You cannot see live stock or manufacturing data. This makes it hard to keep up with changes. Without real-time information, orders can be delayed, and stock issues may not be spotted in time.

Third, managing different jewellery types is hard. Jewellery comes in many designs, materials, and sizes. It is difficult to track all these details in a spreadsheet. As the range of products grows, it becomes even harder to keep everything organised.

Finally, there is no automation in Excel. Tasks like reorder alerts, supplier tracking, and production monitoring must be done manually. This takes up a lot of time and can be easily forgotten. Automation would help keep things running smoothly.

These problems show that Excel is not enough for managing inventory and production in a growing business.

As businesses grow, an ERP system like SUNFACET ERP becomes necessary to automate these tasks and ensure accuracy.

How SUNFACET ERP Supports Jewellery Manufacturing and Inventory?

SUNFACET ERP is built for jewellery manufacturers, retailers, and wholesalers. It helps improve both manufacturing and inventory management. It also increases accuracy and makes the business run more smoothly.

The system offers real-time stock and production visibility. This means businesses can track their inventory and production across different locations. The updates happen live. This ensures that stock levels are correct, and production runs on time.

Another key feature is the automated reorder and production alerts. The system will notify businesses when stock is running low. It also alerts when materials for production need to be replenished. This helps avoid running out of stock and prevents delays in production.

SUNFACET ERP also supports barcode and SKU tracking. This means businesses can scan barcodes and track stock with SKUs. It makes managing both stock and production much more organised and efficient.

The system also offers supplier and purchase management. It stores details about suppliers, including lead times and order histories. This helps make restocking and procurement much easier for businesses.

Finally, the system provides integrated sales, inventory, and manufacturing analytics. Businesses can access detailed reports on stock movements, sales trends, production efficiency, and product performance. These reports help businesses make better, data-driven decisions.

By offering these features, SUNFACET ERP ensures jewellery businesses in Dubai, Saudi Arabia. Qatar and beyond can manage their operations more effectively.

Contact Suntech Business Solutions today to upgrade your jewellery manufacturing and inventory management with SUNFACET ERP for better efficiency, accuracy, and business growth. 

Phone: +971 55 220 1715

Email: [email protected]

Our Locations: UAE, KSA, India, Hong Kong

Visit Our Website: www.suntech-global.com

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