Innovez One


RFID simplifies accounting of loose diamonds 24th Oct 2007, 8:07 pm by david

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.

envelopes of loose diamonds

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.

RFID Spotlight Facebook Group

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.

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Reference
  1. Copyright 2009 © Innovez One. All rights reserved.

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