An Inside Look at Jewellery Manufacturing Costs In Saudi Arabia

Using outdated methods like Excel can cause stock discrepancies and slow down processes for growing jewellery businesses. SUNFACET ERP provides real-time updates and automation for more accurate and efficient inventory management. This system helps jewellery industries in Dubai, Saudi Arabia, and Qatar run smoother and grow faster.

From July 2026, jewellery manufacturers in the UAE must switch to e-invoicing using digital formats like XML or JSON. SUNFACET ERP makes this transition easy by automating VAT compliance, simplifying invoicing, and integrating with Peppol. Implement SUNFACET ERP now to stay compliant and run your jewellery business smoothly.

Imitation jewellery, also called fashion or artificial jewellery, is made from non-precious materials. It is affordable and stylish. Its popularity has increased due to low cost and trendy designs. This growth provides opportunities for Saudi jewellery businesses, which can benefit from SUNFACET ERP for effective inventory and sales management.

Jewellery manufacturers often struggle with high inventory costs, like storage, capital, and risks. Solutions like lean manufacturing, automation, and smart data can help reduce these costs. Using just-in-time inventory and sustainable practices also make a difference. To address these, manufacturers can implement an ERP system, SUNFACET.

The HR and Payroll Module in Suntech’s SUNFACET ERP centralises and simplifies workforce management, automates payroll, tracks attendance, and simplifies recruitment. It ensures compliance with labour laws, improves productivity, and integrates with other ERP tools. Ideal for jewellery showrooms, it saves time and supports growth in Dubai.

A Bill of Materials (BOM) lists all the materials, parts, and steps needed to create jewellery or precious metal products. SUNFACET helps jewellery businesses manage BOMs easily and ensures accurate stock, cost control, high quality, and smooth teamwork. Contact Suntec. Schedule a demo and experience the difference.

Spot pricing is crucial for businesses dealing with precious metals like gold and silver. It’s determined by market participants and fluctuates frequently. SUNFACET ERP helps businesses in Dubai track and manage these prices. This allows quick decisions and keeps businesses profitable with real-time updates.

Jewellery buyers often rely on Google reviews before visiting a jewellery store. Positive reviews can attract new customers and strengthen a store’s reputation. SUNFACET ERP helps jewellery stores manage reviews, update Google My Business profiles, respond to feedback, and improve online presence and customer engagement.

Integrating your Gems and Jewellery business with e-commerce platforms like Shopify, WooCommerce, and Magento expands your reach and simplifies operations. SUNFACET ERP connects your jewellery business to these platforms, keeping stock, product details, and customer information up to date. Contact us for a demo

To grow your jewellery business, collaborate with social media influencers, offer custom jewellery, and build your professional network. Strengthen your online presence, partner with complementary brands, and provide repair services. Suntech Business Solutions, with its ERP system SUNFACET, can support these strategies and enhance your business operations.

Jewellery management software automates tasks, saving time and minimizing mistakes. It simplifies inventory management, improves customer service, and boosts online sales. Suntech Business Solutions’ SUNFACET ERP system helps simplify your operations, improve efficiency, and support your business’s growth.

Jewellery business owners focused on long-term strategies before 2020. However, the COVID-19 pandemic changed this. Now, owners must make quick decisions and invest in technology. According to KPMG, 59% believe the pandemic increased digital transformation. Suntech’s SUNFACET ERP can help you achieve continuous growth and success!

A catchy slogan can greatly impact your jewellery business. Simple and memorable slogans attract new customers and build loyalty. Examples are “One-stop jewellery shopping” and “Let your jewellery do the talking.” With Suntech’s SUNFACET ERP, you can simplify operations and enhance customer service for better growth.

Inventory shrinkage can severely affect your jewellery businesses. It occurs when recorded stock exceeds actual stock due to theft, errors, or poor management. SUNFACET ERP helps prevent shrinkage by providing real-time inventory tracking and ensuring proper handling of high-value items.

CRM software helps sales and marketing teams work together by sharing data, coordinating strategies, and automating tasks. It improves teamwork, personalises customer interactions, tracks results, and helps jewellery businesses grow. Suntech’s CRM software can assist your business. Contact us today for a personalised demo to learn more.

An ERP system connects every part of your business, from sourcing raw materials like gold and gemstones to manufacturing and distribution. This central platform makes processes smoother and gives you access to valuable real-time data. By using this information, you can make better decisions, manage resources more effectively, and stay competitive in a fast-paced market.… Continue reading Are You Struggling with Production Delays in Precious Metals Business? See How ERP Can Help!

When selecting accounting software for your jewellery business in 2024-25, consider key factors like functionality, ease of use, integration, security, and scalability. SUNFACET ERP designed to meet jewellery businesses’ financial operations effectively and help simplify workflows.

Managing jewellery inventory well is important for jewellers in Dubai, Qatar, and Saudi Arabia. Daily tracking, organized storage, labelling items, displaying older stock, and buying less can make things run smoothly. SUNFACET ERP from Suntech Business Solutions can improve efficiency and profits in your jewellery business.

Wholesalers in Dubai’s precious metals industry must know about chargebacks. Chargebacks happen when retailers dispute payments due to problems like non-delivery or faulty products. Clear agreements with retailers are important. SUNFACET ERP helps reduce chargebacks by improving delivery accuracy and efficiency, which protects profits and relationships.

Investing in jewellery ERP software like Suntech’s SUNFACET can streamline your business and reduce expenses. Most companies regain their investment within one to two years, often seeing profit increases. SUNFACET is specifically designed for the jewellery industry and is a valuable tool for achieving a quicker ROI.

SUNFACET ERP is preferable for jewellery management. It provides real-time data, prevents issues, and improves efficiency by setting clear expectations and reducing errors. Strong leadership and team support are key to successful implementation. Investing in SUNFACET ERP simplifies operations and brings forth long-term growth.

Dubai’s large gold and diamond market and demand for luxury jewellery make it an excellent location for starting a jewellery business. The city’s trade shows and supportive environment further increase opportunities. Suntech Business Solutions can guide you through legal requirements and provide ERP solutions, SUNFACET, to enhance your operations.

An inventory tracking system helps you avoid stockouts, delays, and cash flow problems. Organize your inventory with labels, keep your workspace tidy, and use software for accurate tracking. Regular checks, consistent measurements, and smart purchasing are needed. Suntech’s SUNFACET ERP helps simplify these processes.

Running a jewellery showroom needs cautious handling of money, inventory, and staff. Without proper software, businesses can lose money. SUNFACET ERP helps prevent these issues. It ensures accurate pricing, tracks wastage charges, reduces weight errors and keep your business profitable.

Many jewellery shops waste time and money on manual tasks. SUNFACET, an advanced ERP system by Suntech Business Solutions, automates sales orders, price quotes, inventory management, and more. Ultimately, this reduces expenses significantly and increases profit.

The jewellery wholesale industry in the Middle East is changing. To stay competitive, use SUNFACET ERP. It enhances visibility, simplifies operations, and supports growth. SUNFACET ensures efficiency and sustainability. Contact us for a demo.

Jewellery buyers now desire for custom jewellery that suits their personal style and personality. Technology has made it much easier to customise jewellery. Instagram and Facebook make it easier to shop for and buy jewellery. Suntech’s SUNFACET ERP helps manage product listings and orders, making sales on these platforms smoother.

Account management in jewellery business in Saudi Arabia has many challenges like managing inventory, calculating costs, following tax rules, and preventing fraud. Suntech Business Solutions’ SUNFACET ERP system helps make these tasks easier and ensures your jewellery business runs efficiently and smoothly.

Effective inventory management is important for maximizing profitability in jewellery businesses in Saudi Arabia. This involves using advanced software, real-time analytics, centralized systems, accurate labeling, and strong shipping measures. Contact Suntech Business Solutions today to simplify your jewelley and precious metals operations with SUNFACET ERP!

Efficient inventory management is vital for jewelry and precious metals businesses.
SUNFACET, offered by Suntech Business Solutions, enhances warehouse operations with
accurate inventory tracking, efficient order processing, and improved safety measures. It
ensures timely stock availability and maximizes space utilization, driving business efficiency
and customer satisfaction.

Good logistics are important for jewellery businesses in Dubai. Cross Docking moves goods
quickly without storage, saving time and money. SUNFACET ERP helps by automating
tasks, making stock management and delivery easier. It reduces mistakes and improves the
process. Contact Suntech to see how SUNFACET ERP can help your business.

Jewellery shops often hesitate to implement ERP systems due to fears of past failures, high costs, long setup times, process changes, and employee resistance. Correct these issues by researching thoroughly, focusing on essential features, and educating your team. SUNFACET ERP simplifies operations, modernizes processes, and boosts efficiency.

Managing inventory can be challenging for small and medium-sized jewellery businesses in Dubai. Cycle counting, which involves regularly checking a small part of the inventory. It helps maintain accurate records, reduces workload, and prevents stock shortages. SUNFACET ERP simplifies this process and supports your jewellery business growth.

Managing revenue in the jewellery industry can be challenging, particularly with high-value
assets like gold and gemstones. SUNFACET ERP simplifies this by automating processes
such as quotes, contracts, and billing, improving accuracy and efficiency. Businesses in Saudi
Arabia have already seen significant benefits, including better cash flow and simplified
operations.

People in the UAE admire gold jewellery for its cultural, aesthetic, and investment worth, even when prices go high. Younger generations prefer customised styles. Suntech’s SUN FACET ERP facilitates jewellery businesses in complying with VAT and effectively integrating with technologies like Rapaport and Signum CRM, consequently promoting growth.

JCK 2024, the world’s leading jewellery trade show, will take place in Las Vegas from May 31 to June 3, 2024. That includes events such as JCK Talks and the Sustainability Summit. The theme of this year is, “LOVE.” Suntech’s offers SUNFACET ERP solutions to help jewellery business in Saudi succeed.

Jewellery wholesalers face low-profit margins, tax compliance issues, high overhead costs, and challenges in building customer trust. Effective management systems and improved customer relationships are essential to address these problems. With SUNFACET Jewellery Wholesale ERP Software, you can enhance operations, reduce costs, and improve customer satisfaction.

The UAE’s Federal Tax Authority (FTA) has set a deadline of June 30 for all eligible businesses to register for corporate tax. Missing this deadline will result in a fine of AED 10,000 ($2,723). Suntech’s SUNFACET ERP helps jewellers manage their finances and inventory efficiently.

Integrating CRM and ERP is vital for successful jewelry business management. Suntech’s SUNFACET ERP, known for this integration, simplifies backend processes, while CRM enhances customer engagement. This integration offers a holistic view, enhancing productivity, cooperation, profitability, and growth for jewelry businesses in Qatar, Dubai, and Saudi Arabia.

Common issues affecting the jewellery sector include accurate inventory recording, managing seasonal demand and handling fragile items. Effective management leads to customer satisfaction and increased profitability. Suntech’s SUNFACET ERP system provides real-time tracking, demand prediction, detailed reporting, and smooth integration for jewellery businesses in Dubai.

The recent Istanbul Jewellery Show at the Istanbul Expo Centre from April 17 to 20, 2024, featured over 1,500 brands from 16 countries. The event drew more than 30,000 attendees from 139 countries, with an 8% increase in international visitors compared to last year. It indicates growing global interest in gems and jewellery. SUNFACET supports jewellery businesses in Saudi Arabia’s competitive market.

In an era characterized by the ever-expanding realm of digital platforms, retail strategies have evolved to meet the ever-changing expectations of consumers. Within this dynamic landscape, the rise of omnichannel retailing strategies has been a game-changer.

Diamonds have historically been associated with romance, beauty, and love. But nowadays, more people are seeking alternatives to diamonds mined from the earth. Lab-grown diamonds have become very popular as a result. Suntech offers SUNFACET ERP to help jewellery businesses prosper in Dubai.

Effective warehouse management is necessary for success in jewellery retail, but it raises unique challenges. From fluctuations in demand to material waste, jewellers face hurdles that require innovative ERP solutions. With Suntech’s SUNFACET ERP, jewellery brands can easily pass through these hurdles and stay ahead of their competitors.

ERP systems are essential for jewellery shops in Saudi Arabia and Dubai, minimising manual effort. Despite benefits, ERP implementations face challenges like data migration, testing, and integration. Suntech’s SUNFACET ERP is designed for jewellery merchants, tackling these issues effectively.

Building genuine relationships with customers is a must for success. CRM allows businesses to establish long-term relationships and support long-term growth by regulating lead management, opportunity monitoring, and customer engagement. SUNFACET ERP’s CRM enables jewellery shop owners to cultivate long-term relationships, effectively manage leads, and create exceptional customer experiences.

Experience how SUNFACET revolutionizes jewellery inventory management. Advanced algorithms optimize storage, real-time tracking ensures precision, and AI-driven forecasting prevents stockouts. Automation streamlines processes, while analytics offer insights for informed decisions.

Review your jewellery store’s strategies to ensure alignment with profitability and brand integrity. Learn how discounting practices impact profitability and customer perception, crucial for maintaining brand trust and sustainable pricing strategies.

Attract more customers and boost foot traffic with 16 creative strategies for brick-and-mortar stores. Discover effective methods to enhance your physical store’s visibility and drive business success in today’s digital age.

Discover the top 5 warehouse KPIs essential for CEOs to maximize warehouse performance. Gain strategic insights into efficiency and order fulfillment to ensure seamless operations and identify areas for growth.

Discover the top 5 warehouse KPIs essential for CEOs to maximize warehouse performance. Gain strategic insights into efficiency and order fulfillment to ensure seamless operations and identify areas for growth.

Uncover the top 10 strategies for successful ERP implementation in jewellery retail. Gain valuable industry-tailored insights for a smooth transition and to unleash the full potential of your business.

Explore the transformative e-commerce trends reshaping the gems and jewellery industry in 2023. From the impact of technology to the surge in online shopping, explore how traditional businesses are adapting to the digital landscape.

In today’s increasingly digital world, the importance of foot traffic for brick-and-mortar stores cannot be underestimated. While online presence and e-commerce have their place, attracting customers to your physical store remains crucial for business success. To help you achieve this, we’ve compiled 16 effective strategies to increase foot traffic and draw more customers into your… Continue reading 16 Creative Strategies to Boost Foot Traffic and Attract More Customers

Switching ERP vendors can be a complex process for organizations, but it’s often necessary as businesses evolve and their ERP needs change. To ensure a smooth and successful transition, it’s crucial to consider these 10 essential factors. 1. Hosting Options Before making a switch, evaluate whether your new ERP vendor offers both cloud-based and on-premises… Continue reading ERP Transition Roadmap: 10 Vital Considerations for Success

Customer Relationship Management (CRM) solutions have become vital tools for businesses in the jewellery industry. By implementing a well-designed CRM solution, jewellery organizations can enhance customer experience, improve communication, and drive revenue growth. Let’s explore how CRM solutions revolutionize business operations and unlock the full potential of customer relationship management. CRM solutions offer a significant… Continue reading CRM Solutions: Elevate Experience, Drive Growth

If you’re a jewelry business owner looking for ways to grow your business smoothly and efficiently, you’ll want to consider using jewelry-specific ERP software. With this powerful tool, you can streamline your business operations and eliminate the hassle of time-consuming processes. In this article, we’ll highlight five key ways that ERP software can help your… Continue reading 5 Ways ERP Software Allows for Improved Scalability and Flexibility

In the highly competitive jewellery industry, increasing sales is crucial for success and growth. Whether you’re a small boutique or a well-established retailer, understanding the challenges and implementing effective strategies can make a significant difference in attracting customers and increasing revenue. Jewellery holds a special place in people’s hearts. It symbolizes love, milestones, and personal… Continue reading 12 Tips to Increase Retail Jewellery Sales

Jewellery manufacturing is a complex and highly specialized process that requires meticulous attention to detail at every stage. From design and production to inventory management and sales, every aspect of the jewellery manufacturing process must be carefully managed to ensure high-quality output and customer satisfaction. To achieve this level of precision and efficiency, many jewellery… Continue reading 5 Essential Features of Jewelry Manufacturing Software

Inventory management is vital for any business, but it’s especially crucial for the jewellery industry due to the high-value and intricate nature of jewellery items. Without a streamlined and efficient system in place, managing inventory can be challenging. Jewellery ERP systems are designed to help businesses overcome these challenges. In this article, we’ll explore the… Continue reading Streamlining Jewellery Inventory Management with ERP Systems

Jewellery retailers and brands have re-evaluated their current brick-and-mortar business model and now have started implementing an omnichannel approach with an enhanced digital strategy to boost sales. Catch our client to throw light upon the success mantra for the future of the jewelry industry. Link to full article: Link not working*

For Chandraprakash Siroya of Siroya Jewellers, the biggest takeaway from Suntech Solutions has been their robust after-sales service and the fact that his managers now have all the time in the world to brainstorm production ideas. The Retail Jeweller World talks to Siroya about his experience. Link to full article: https://retailjewellerworld.com/suntech-is-the-ideal-erp-partner-to-navigate-the-jewellery-industry-towards-digital-shores/

A cutting-edge ERP solution caters to multiple operational and functional requirements of the manufacturer. These include the facilitation of eCommerce with a range of utilities that can help you ensure an enhanced engagement experience for your existing and potential customers. For a jewelry manufacturer in the B2C segment, it becomes crucial to have a ready-to-use,… Continue reading How an ERP Linked e-Catalog can Boost Jewellery Manufacturers’ Business

Since jewellery is a sector wherein inventory, raw materials as well as finished products are small in size but high in value, even a minor mismanagement of these can result in a huge loss. Manufacturers in this field have to be always on the mark in every aspect of their operations. Even a little delay… Continue reading Can a Jewellery Manufacturing ERP be a One-Stop Solution for Your Business Challenges

Loss during production is an inevitability that any manufacturing company has to cope with. There are many reasons for this, including flaws in the design, equipment not working or managed to its full potential, human errors, carelessness, or improper production planning. Minimizing production losses is crucial for manufacturers in any industry, especially in the jewelry… Continue reading How Can Jewellery Manufacturers Keep Production Losses at Bay

When it comes to creating a holistic customer experience, it is important that a business understands the specific needs and preferences of the target customer personas. It is no longer based on reactive response behaviour whereby the inquiries are addressed, but on a proactive ability to interpret preferences, execute the changes within acceptable time-frames. Customer… Continue reading How to utilize CRM effectively to grow revenue

In today’s world, an ERP software needs to be not only business vertical specific, but also flexible enough to support the ever-changing business models. The investment for a robust and dynamic system doesn’t end at optimal and integrated use of ERP software. You need to ensure that you have a reliable Support from the product… Continue reading Things to look for in support while buying an ERP

We, at SUNTECH BUSINESS SOLUTIONS are happy to announce that SUN FACETS 2.0, our ERP for the Gems and Jewellery has been accredited as the approved provider of VAT-compliant accounting software by UAE Federal Tax Authority (FTA). We are the first one to achieve this honour in Jewellery Sector. In the past 10+years, we have… Continue reading Sun Facets 2.0, 1st ERP to be accredited by UAE Federal Tax Authority (FTA)

Why do you need an Integrated Finance and Inventory ERP? With large amount of investment in inventory, you need to be aware of what’s working for you, information about your fast sellers, what stock is earning revenues, what mark-up you have on them, ageing of the items lying in the store and trends customers are… Continue reading Why do you need an Integrated Finance and Inventory ERP?

Depending on the complexities of your business processes, jewellery-specific software would help in detailed data captured, accurate inventory tracking and efficient management through automation. Whether you are a multi-location/multi-company business or a small business which is looking for sustainable growth and scalability, your Jewellery ERP software should help you manage all the aspects of your… Continue reading Top 3 features to look for in a Jewellery ERP Software

While brand loyalty has always been at the core of the customer-centric economy, proactive service relying on customer insights gained from behavioural data supersedes it. In order to leverage digital for better customer engagement, jewellery brands need to leverage the online world through a suitable analytics platform that does more than just collect and evaluate… Continue reading Top 5 ways for Data-Driven Customer Engagement for Jewelry Business

For Chandraprakash Siroya of Siroya Jewellers, the biggest takeaway from Suntech Solutions has been their robust after-sales service, and the fact that his managers now have all the time in the world to brainstorm production ideas. The Retail Jeweller World talks to Siroya about his experience. Link to full article : https://retailjewellerworld.com/suntech-is-the-ideal-erp-partner-to-navigate-the-jewellery-industry-towards-digital-shores/