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Impact of RFID on inventory management of a Diamond and Jewelry business

Challenge

Save time and money spent on inventory counting without compromising the accuracy.

Background

The client has been in the Diamond and Jewelry trade for long and was planning to replace their manual paper/excel based inventory management and implement a robust solution to maintain accurate inventory counts and increase the productivity of their workforce.

Given the manual and time-consuming processes and lack of visibility into up to date stock information, our client was looking for a solution which would require minimal manual intervention and faster turnaround times to view or process critical inventory information.

Solution

Zebra Validated RFID integrated Mobile application and software solution for inventory management.

Solution

Manage Diamonds proposed to implement its Zebra certified RFID integrated software and mobile solution for inventory management. The Manage Diamonds software and MDMobile app was an attractive option to the client as it made stock count faster, provided real-time visibility to the items and saved 70% time with accurate reconciliation.

Business info.

  • The client has been in the Diamond  and Jewelry business for over 2 decades.
  • Well known Diamond and Jewelry merchant in Los Angeles.
  • Has presence at 3 locations worldwide.

Benefits

  • 3 days of work completed in 30 minutes.
  • Improved personnel productivity and saved time.

The results

  1. Our client was able to eliminate common inventory problems including:
    1. Inefficient and inaccurate paper/excel based process of inventory management.
    2. Time-consuming manual process of inventory counting that restricted frequent stock count for accuracy.
    3. Unorganized inventory that made it hard to provide product information to customer on quickly which resulted in customer dissatisfaction and loss of sales.
  2. Wireless printing enabled personnel to wirelessly print RFID tags from mobile device
  3. Stock count with RFID helped improve personnel productivity.
  4. Organized inventory and smart search with RFID made the real time stock visibility possible.
  5. Fully automated process made it possible to eliminate paperwork entirely and stopped the mismanagement and loss of precious inventory data.

What Our Client Says:

“In just one to two hours, I can do what used to take me about eight hours. My costing has been dramatically streamlined.”