ERP solution for Gem & Jewelry industry

BANGALORE, INDIA: Nimbus Systems, IT solution provider to the Gem & Jewelry industry, has launched Crown24K, an end-to-end Enterprise Resource Planning (ERP) solution designed exclusively for the gem and jewelry industry. The solution has been created using Microsoft Dynamics AX 4.0, an ERP software for midsize and larger companies. India's leading Gems & Jewelry retail chains - Minawala Gems and Jewels, Anjali Jewelers and Sree Ganesh Jewelry House - will be the first few to implement Crown24K to meet their growing ERP needs.

The Indian Gems & Jewelry industry has many critical areas that stand to benefit from Crown24K. These include jewelry manufacturing; precious metal/stone/ diamond management; jewelry inventory management; jewelry POS; financial accounting /CRM /promotions management; bar-coding/RFID support and image linking; human resource management; business reports and MIS.

Crown24K has been built with the specific objective of addressing real-time issues and providing need-based solutions.

"With the growth in exports and domestic demand, instant access to information such as procurement to production, lead to cash and concepts to products, has become critical for growth. Customers are also demanding higher quality and better service. Crown24K understands and addresses such issues, and is the result of a decade of learning and engagement with over 100 customers," Amitava Dutta, president, Nimbus Systems said.

Crown24K combines features of planning, production, finance, sales and marketing into a single package, and helps Gems & Jewelry companies take care of -

· High-value inventories and high-risk trading

· Scheduling and control of precision manufacturing

· Details and routine of daily financial management, and

· Challenges of competing in the dynamic atmosphere of today's Indian consumer space

Crown24K will also help companies reduce cost of finished goods inventory by 25 percent, WIP inventories by 35 percent order lead time by 35 percent, planning cycle time by 80 percent, IT maintenance and support by 40 percent.

"The centuries-old Indian Gems & Jewelry industry has unique needs and challenges that require tailor-made IT solutions. Microsoft Dynamics AX 4.0 looks and works similar to Microsoft Outlook, making it easier for people to learn and adapt to. Our business management solution can be customized to meet the growing needs of companies, and our partner, Nimbus Systems, has the expertise for end-to-end implementation of the solution - from prototyping to post go-live support," said Sushant Dwivedy, Business Group Lead, Microsoft Dynamics.