We built Gold Calculator feature for the goldsmith and jewelers who need flexibility in the way they price their products. Having met jewelers for a number of years now, they share a similar requirement. Almost every jeweler that we have met has a different formula they are using to price their products. And so the case for Gold Calculator feature, which is included in Version 2 of Enterprise Jewelry Software.

The main benefit comes from giving the jeweler the extra edge to customize his unique price formula. Right pricing leads to a profitable business. This pricing formula is then applied to all the products he sells through EJS POS or Invoice modules.

How To Use ?

Let’s take the example of the following gold pricing formula,

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

You can very easily create a formula like that using the Gold Calculator by clicking on a couple of buttons. The left column buttons are common variables that a jeweler deals with on a daily basis. These variables are:

• Manufacturing loss
• Markup rate
• Labour Price
• Fine Gold Base
• Unit Weight
• Total Weight
• Discount %

The right column are the operators - plus (+), minus (-), divide (/), multiply (x), group ( ‘(’ and ‘)’ ). Use the bracket symbols to group the smaller components of the formula.

Coming back to our example, ( (FINE_GOLD_BASE x MANUFACT_LOSS) x MARK_UP ). Two sets of open / close brackets are used to group operations on individual formula units. The formula unit, FINE_GOLD_BASE x MANUFACT_LOSS is performed first, and its result is then multiplied to the value of MARK_UP.

This is one of the latest addition to EJS, do you think this is useful ?

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We added a new category “EJS New” to inform interested parties about new developments and adds on EJS software. And YES, same price. In our efforts to update new developments on the fly, EJS New will contain near real time informs. We will in time disseminate this information to our other channels. So do subscribe to this blog if you not already have, its free anyway.

Back to the new adds on EJS,

• Support for Mettler Toledo Weighing Machine - Mettler Toledo is a leader and global provider of precision instruments. Click a button in EJS and the machine reports exact weighs for your items.
• 2 Versions 1 Software - EJS exist in 2 versions namely Retail (with POS) and Wholesale.
• Multi-Lingual Support - Tagalog, Myanmarsar … more to come. Drop us a note on the comments area if you are looking for other languages.

If you have an EJS wish list, pop it over by email or drop a note on the comments area and we will see what we can do about that.

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NEED HELP? Please feel free to give us your comments below or if you need additional help tell us your problems with EJS in the comment area. We will be releasing a series of EJS Videos in the coming weeks. So stay tune to this development by subscribing to this blog.

We are glad to announce a brand new microsite ( jewelry.innovez-one.com) for Enterprise Jewelry Software ( EJS 2.0 ). You can download EJS 2.0 for a free trial period of 30 days. There are several new features we incorporated into EJS 2.0 :

• Support for Single User if you are a Jewelry Startup or Multi-users versions
• “GOLD Formula Calculator” - allows you to create your own pricing formulas.
• Further support for Barcode or RFID technology
• More than 15 new business reports
• “1-Click EJS Installer” - makes it easy to install and register your license all in one application
• … and many more, check out the FEATURES section.

So if you have some time today, download EJS 2.0 and see for yourself.

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We have added a couple of niceties to the latest version of Enterprise Jewelry Software Solution. The advance search capabilities of the software is one of the celebrated new features that we have included. Previously the system could only retrieve jewelry items information using a unique serial number or by barcode scanning the physical product. With the latest inclusion, the search capabilities has gone up several notches. The team provided a list of search criterias that users can specify to match and retrieve relevant search results of jewelry items. To retrieve a useful small set of relevant results among tens of thousands of different jewelry combinations, this new feature is God-sent. In particular, we added a keyword search function. So for instance if the customer asked for the availability of “butterfly” shaped pendants, the user selects the relevant dropdown list for CATEGORY (e.g. pendant) and type in the text “butterfly” in the KEYWORD textfield and hit enter. What follows is a result list of pendants of various types (metal or stone combinations) that are associated with the text “butterfly”.

Click to view screenshot

The system also provides both RFID and barcode modules, depending which flavour you prefer.

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