The #1 Inventory Management Tool for Jewelers | The Edge for Jewelers

Inventory Management Is Easy

More Than Software, a Solution

Good inventory management is critical to all successful retail businesses. In fact the single biggest cause of retail failure is poor inventory management. The Edge has a reputation as the best in the industry for managing a jewelry store’s complex inventory. With the help of The Edge, jewelers can establish and maintain a balanced inventory that will optimize sales and investment while maintaining a strong cash flow. Inventories are tuned to the jeweler’s marketplace and sales level. The net result is that more money will end up in your bank account than in idle unnecessary stock.

“But I’ve Got a LOT of Inventory Needs, Guys. Better Walk Me Through It.”

Entering Inventory

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.

Hear What Our Customers Have to Say

We would do physical inventory once a year and we would have to close our store for a week. Since it was all handwritten, we had to get our hands on every piece in the store. Since we've converted to The Edge®, it takes us four hours to do what used to take us a week.
Stephen Barnes
Barnes Jewelers, Oconomowoc, WI
Our old software was complicated and non-intuitive. The Edge® simply works so much better. Entering inventory is almost fun, training the staff is a breeze, and the customers love the photos on their receipts.
Monika Clodius
Clodius & Co. Jewelers, Rockford, IL
The Edge® is the best money we've ever spent. It's one of the main reasons our business has prospered. When we first installed The Edge software, we underwent a two-day training session. Since then, I've taken part in seminars to better understand how to use the software from a management standpoint. I've probably been to four weeks of classes with The Edge, and it’s been very beneficial.
Stephen Barnes
Barnes Jewelers, Oconomowoc, WI
We have been using The EDGE software for 6 years and would never think of changing. There is so much the software is capable of. We utilize the purchase order feature daily and the AIMS autopilot has increased our fast sellers and stock turn. We shop smarter at the jewelry shows and have really learned how to make our inventory work for us. We use the Customer Relationship Management tools to create detailed reports for our staff to do more effective clienteling, which takes the “selling” out of the sales process. There are features that help you track how effective your marketing efforts are right at the Point of Sale screen. It’s easy for all the staff to record how or what brought a customer into the store. There really are so many great features to The EDGE software that I can’t possibly list them all, but without hesitation I would recommend The Edge to any retailer, except my competition of course!
Kim Elton
Peter & Co. Jewelers, Avon Lake, OH
We have daily reports that give us up-to-the-minute information about what is in the inventory. We can track things and bring in new inventory if it’s selling well. Just as important, if a product line is proving a dud, the store can skip it and move on to something else.
Stephen Barnes
Barnes Jewelers, Oconomowoc, WI
We use The Edge® for many different operations. We use it to track custom work within our repair department. We use it to track what kind of volume and sales we’re doing in our repair department. We use it for our appraisal services. On the financial side, The Edge integrates so well with QuickBooks it’s as if the system has a built-in accounting module.
Stephen Barnes
Barnes Jewelers
Daily reports give us up-to-date information about what’s in our inventory. If something is selling well, we can order more so we’re never out. No more disappointed customers and lost sales. More importantly, if a product isn’t moving, we can skip reordering it and move on to something else.
Greg Raymond
Raymond Jewelers, Wethersfield, CT
The great support we receive will make The Edge® the last system we will ever need.
Tom Hart
Hart Jewelers, Grant Pass, OR
The best money we’ve ever spent. When we first installed The Edge®, we took part in a two-day training session that got us up and running with none of the transitional issues you would normally expect with a new system. Since then, I’ve also gone to their seminars and learned additional ways to use the software to increase my store’s profitability. Quite simply, our business has prospered because of The Edge.
Michael Bartorelli
Michael’s Jewelers & Gemologist, Haddon Heights, NJ
The Inventory reports give category and vendor-specific information that allow me, at a glance, to make educated decisions on inventory levels, while providing real solutions for eliminating old inventory. The management reports are the most useful we've ever had. Thanks, Dick for the best jeweler software on the market.
David Fikse
Gerald's Jewelry, Oak Harbor, WA
We gather as much information from our clients as they will allow. We ask for birthdays, anniversaries, e-mail addresses and things of that import. Then we use The Edge® postcard program to send mailers to clients wishing them a happy birthday or anniversary, and asking them to bring the card in to receive a discount. We also send customers thank you cards for trusting us with their jewelry and allowing us to repair it.
Stephen Barnes
Barnes Jewelers, Oconomowoc, WI