INNOVEZ One follows up on comments and suggestions that it often receives by email, customer feedback and through this blog.   The company’s objective is to serve its customers better by implementing dynamic ideas, converting them into regular system upgrades for integration into software such as the Enterprise Jewelry System.   Current users will get their upgrades gratis, and new users will benefit from constant updates (new versions) to their EJS software.

Comment 1: Innovez One has installed an EJS Retail program for a new jewelry retailer in the eastern part of Singapore.   Acting on a useful feedback from the client, Innovez One installed an add-on feature to the retailer’s existing software.   This new feature allows the retailer to handle consignments.   When a retailer receives a new consignment from the wholesaler, he may sell from this consignment or return certain pieces which are unsold.   Flexibility over a consignment’s disposal gives this retailer a business advantage.

Comment 2: An EJS user emailed Innovez One with the following question: How do I design different label styles in your program? Currently, the jewelry software does not have a feature that allows users to design labels.   Innovez One, however, reckons this feature worthy for enhancing EJS; and will work on this enhancement.   We hope that this has been helpful.   Innovez One encourages retailers, wholesalers and dealers in the jewelry trade to stay abreast of EJS innovations.

This product update is published by Innovez One in this series of updates to the RFID-enabled Enterprise Jewelry Software.   Updates that make a difference to its clientele’s business edge.

About Innovez One

Innovez One is a product-based systems consultancy registered in Singapore.   The company provides business solution packages comprising software products for niche markets in Education, Marine, Jewelry and Healthcare.   Innovez One aims to streamline, automate and boost business performance for clients in those key sectors.   Its clientele includes government-linked corporations and small and medium-sized enterprises in Singapore, Malaysia and the United States of America.

IN the precious stone trade, security and accountability of loose gems pose a big challenge.   Innovez One has the effective accounting and tracking solution to take stock of all loose precious stones in transit, on hold or in the inventory.   As a management tool, it gives the jeweler or precious gem dealer, a definite business edge over his competition.

Innovez One’s RFID Scanning System offers the jeweler clear visibility and accounting of his stock of loose gems in a fast and seamless way.   Further, it improves resource utilization and slashes significant operational cost.

The  system consists of two main components: A scanner and a set of tags (label or insert type) of various sizes.   As the loose diamonds are processed through the scanner, every stone is itemized and displayed on the screen.   No single diamond is missed or overlooked in the process.

The RFID Solution – how it works

Diamonds are sealed in envelopes; and organised in a box shown (on the right) above.   Each envelope is then tagged either with an attached RFID label or with a non-adhesive plastic insert.   When the user passes the box through the scanner,  its reader captures the information stored in the tag for each envelope.    The system ensures total visibility with the entire display of the entire inventory in each box on the monitor screen.   The entire process saves umpteen man-hours compared to bar-code scanning.   The RFID scanner actually enables more work done with less effort.

The case for using RFID Scanning

Manual stock-taking of loose gems is obviously, out of the question.   The task is time-consuming and labour-intensive.   The deployment of a Bar-coding system, on the other hand, to track and account precious gems is not the ideal solution.   Bar-coding technology is slow and less efficient than the RFID-enabled scanner system recommended by Innovez One.   As described above, RFID scanning ensures more work done with less human effort.

Question: How fast can the RFID scanner read and identify items it processes?

Answer:

One hundred RFID-standard tags of various sizes can be read and identified in an estimated 1 – 2 seconds.

Consider scanning a consignment of 10,000 diamonds. In terms of equipment deployment using this solution, the job requires two Magellan Technology Reader units (see picture), manned by one operator.   It takes approximately five man-hours to complete the procedure of scanning all 10,000 diamonds.   On the contrary, a manual inventory check of the same consignment will require 20 persons over 3 weeks to do.   This translates to an estimated total of 2940 man-hours!    The time-saving for the task – about 2935 man-hours – is massive.

Join Us

Innovez One invites all interested readers to join its Facebook group: RFID Spotlight. Click on the image below to jump-start.

This product update is published by Innovez One in this series of updates to the RFID-enabled Enterprise Jewelry Software.   Updates that make a difference to its clientele’s business edge.

About Innovez One

Innovez One is a product-based systems consultancy registered in Singapore.   The company provides business solution packages comprising software products for niche markets in Education, Marine, Jewelry and Healthcare.   Innovez One aims to streamline, automate and boost business performance for clients in those key sectors.   Its clientele includes government-linked corporations and small and medium-sized enterprises in Singapore, Malaysia and in the United States of America.

INNOVEZ One developed the Gold Calculator feature for the goldsmith and jeweler who needs flexibility in the way they price their products. Most jewelers we have met over the years have a common requirement. Almost everyone of them uses a different formula to calculate their products’ pricing. This requirement spawned the development of the Gold Calculator feature; and merging it with EJS to produce Enterprise Jewelry Software – Version 2. The added value comes from helping the jeweler to beat the competition by customizing his unique price formula. Right pricing leads to business viability and profitability. This pricing formula is then applied to all the products he sells through EJS POS or Invoice modules.

CALCULATION

Consider the following example of a gold pricing formula:

( [ { ( FINE_GOLD_BASE x MANUFACT_LOSS } x MARK_UP ] + LABOUR_PRICE ) x UNIT_WEIGHT

The jeweler creates a formula, using the Gold Calculator, by clicking on some buttons.    He enters the known variables (in the left column) usually on a daily basis. These variables include:

• Manufacturing loss
• Mark-up rate
• Labour Price
• Fine Gold Base
• Unit Weight
• Total Weight
• Discount %

The operator uses the right column symbols to proceed with the calculation: plus [+], minus [-], divide [/], multiply [x], group  (“[' and ']“).    He uses the bracket symbols to group the smaller components of the formula.

Consider our example again: ([FINE_GOLD_BASE x MANUFACT_LOSS] x MARK_UP).   The operator uses two sets of open/close brackets to group operations on individual formula units.   First,  he works out the formula unit: FINE_GOLD_BASE x MANUFACT_LOSS.   Second, he multiplies the result by the value of MARK_UP.

Innovez One offers the Gold Calculator software, a new addition to its range of innovative EJS upgrades, to jewelers keen to sharpen their business edge.   The company invites your feedback and comments on this software and its features.   All relevant inputs are welcomed.

This product update is published by Innovez One in this series of updates to the RFID-enabled Enterprise Jewelry Software.   Updates that make a difference to its clientele’s business edge.

About Innovez One

Innovez One is a product-based systems consultancy registered in Singapore.   The company provides business solution packages comprising software products for niche markets in Education, Marine, Jewelry and Healthcare.   Innovez One aims to streamline, automate and boost business performance for clients in those key sectors.   Its clientele includes government-linked corporations and small and medium-sized enterprises in Singapore, Malaysia and the United States of America.

Innovez One today launched new adds-on to its popular Enterprise Jewelry Software.   The package price remains the same for the upgraded version.   In an effort to disseminate new developments swiftly, Innovez Spotlight will publish almost real time information.

Briefly, the new adds-on to the Enterprise Jewelry Software are as follows:

• Support for Mettler Toledo Weighing Machine - Mettler Toledo, a leader and global vendor of precision instruments, provides the weighing software.   The operator can view, by a click on EJS, the precise weights of items on the device’s display.
• 2 Versions 1 Software – The Enterprise Jewelry Software is available in two versions: 1. Retail (with POS) ; 2. Wholesale.
• Multi-Lingual Versatility – EJS is now available in the Tagalog and Burmese versions.   Eventually, Innovez One expects versions in other languages to follow.   Innovez One welcomes suggestions (for instance, other languages) in the comments box.

This press release is published by Innovez One to keep its clients and prospective customers abreast of its current system products and solutions.   Products and solutions that make a difference to its clientele’s business edge.

About Innovez One

Innovez One is a product-based systems consultancy registered in Singapore.   The company provides business solution packages comprising software products for niche markets in Education, Marine, Jewelry and Healthcare.  Innovez One aims to streamline, automate and boost business performance for clients in those key sectors.   Its clientele includes government-linked corporations and small and medium-sized enterprises in Singapore, Malaysia and the United States of America.