Inventory can be entered into The Edge three ways: on a piece-by-piece basis if no purchase order is involved, by invoice when a P.O. is issued or by scanning the barcode on product from vendors that we maintain virtual catalogs on. These vendors consist of Mi Moneda, Ti Sento Milano, Chamilia USA, Chamillia Canada, Graham International Watchband, Kameleon, Pandora USA, Pandora Canada, O.W.L. (Ones We Love), Trollbeads, and X by Trollbeads.
Vendor ID, style number, invoice number, cost, retail and other required details are keyed into a user-friendly form when entering piece-by-piece, subsequent entries of the same item is even easier, as the system maintains the details from the most recent entry. If a detail changes, only that value needs to be overwritten. The retail price is produced by markup factors supplied in the category or vendor record, ensuring your retail will always be consistent with your pricing strategy.
When a P.O. is issued, an entire invoice of items can be entered with just a couple of mouse clicks. All items on an invoice will be deposited automatically in the correct categories.
A unique SKU is generated and the item is tracked along with all other items featuring the same vendor ID and style number. This provides the ultimate in product control and management. When required, the system also retains information about the type of stone, its color, cut, clarity and certification level. Diamonds, colored gemstones, pearls, jade and opal all have entry fields specific to their requirements.
In the case of bulk items that utilize the same UPC code, diamond melee or precious metal (repair stock) sold by the same unit of measure (carats, grams, dwts, etc.), multiple items can be represented by a single reusable SKU – including pre-ticketed and priced items.
Customize Your Product Tags
The Edge produces barcoded tags that can be printed with up to six lines of information per side. You determine the content based on your needs and it can vary from category to category. Just select the data elements you require on the tag, choose a font style and size to produce a customized tag that meets your specific needs. RFID systems from TJS, GemWare and TracTec are compatible with the EDGE.
Mylar dumbbell and string tags can be imprinted on thermal transfer printers. These tags are impervious to steam and will withstand multiple ultrasonic washings. The Edge software also lets you update tags easily by allowing you to select all string tags or dumbbell tags in one pass for printing.
Take Control of Your Inventory
Procedures are built into the system allowing you to perform a physical count of your complete inventory or subsets of your inventory using a barcode scanner or RFID readers. This allows most stores to complete a full-store physical inventory in less than a day. Case count reports are designed to be used more frequently throughout the year to monitor the movement of your more expensive goods. Should a tag come off a piece of jewelry, just by providing a couple of key characteristics about the item (Pendant, 14KYG, Sapphire, $1500 – $2000) the EDGE will return an image of all the items that share those characteristics making it easy to find and retag. .
Create a More Profitable Inventory
Sales are lost if customers don’t find what they are looking for. Worse yet sometimes customers gravitate to other stores if they don’t find what they are looking for after a few visits. The EDGE systematically helps to create a more dynamic, higher profit inventory while maintaining a positive cash flow. The EDGE inventory reports (fast sellers, replenish levels, recovered funds and open to buy) give the jewelry store owner the facts needed to make good buying decisions with confidence.
Maintain Your Edge
Once you have created your high output inventory, keeping it that way is a snap. By using the “Never-Outs” and “Fast Sellers” features together with the Inventory Management Reorder feature, it will take you less than half an hour a week to maintain your optimum inventory. No more lost sales because a popular item is out-of-stock. One simple report lists all products eligible for reorder. You click on the items you want and the software drops them into a shopping cart – producing as many POs as required to order your selected items.