How NetSuite Makes Jewellery Manufacturing Smarter and Simpler?

The jewellery industry appears to be entertaining and beautiful from the outside. But, the manufacturing process behind the jewellery manufacturing? Well, that is something where things can get really complicated. 

If you are running a jewellery manufacturing unit, we are sure that you are aware of the headache involved in the business. You have several issues that include tracking precious metals, managing inventory, keeping production on schedule, and ensuring quality control. 

So, how can we simplify this? That is where NetSuite can come into action. NetSuite is a powerful cloud-based business management system that can transform the way you run your jewellery manufacturing unit. 

Challenges in Jewellery Manufacturing

Before we can talk about how the best solutions are offered by NetSuite, it is practical to understand the challenges faced by the jewellery manufacturing industry. Given the fact that the jewellery industry deals with precious and expensive metals, it is important to understand that it has high stakes. 

Here are a few challenges that the jewellery manufacturing industry faces. 

Difficulty Tracking Gold, Diamonds, and Materials

Every piece of jewellery contains precious materials. The items like gold, silver, diamond, gemstones etc. are assets. It is important to track them accurately. Many jewellery manufacturers depend on spreadsheets to track them. This can lead to errors. A single error can cost thousands. 

Manual production updates

Your production team is likely to update the processes continuously. There may be frequent changes in the designs and specifications. If you do not record these changes in a centralized system, you may end up with a confused state of calculations. There may also be a lack of coordination between the different departments. 

Inaccurate costing

A proper knowledge about the accurate cost of each piece of jewellery and its cost may be lacking. Many systems cannot track material waste, labor hours, and overhead costs precisely. This can lead to inaccurate pricing. That would mean your pricing is either inaccurate or not competitive. 

High wastage

Jewellery manufacturing results in wastage. There are items like broken pieces, metal scraps, and leftover materials that may go unaccounted. With no proper accounting, you may end up getting confused where this wastage goes. That would translate into missed opportunities for reducing the costs. 

Slow QC process

Quality control is an important aspect in jewellery manufacturing. If your QC process depends on manual inspections and paper-based checklists. It can become a bottleneck. You may find the order piling up, customers waiting, and your production team getting overworked. 

Poor visibility of work orders 

Where is each order in your production pipeline? If you do not have a proper system in place, your team of managers and supervisors may keep wondering where a particular order is. This can make orders getting misplaced and deadlines getting missed. 

No real time updates

There may be times when the real time reports on the orders if you use manual systems. If you are unable to answer these questions automatically, the accurate date may also be missed. In this case, your business decisions would be based merely on guesses. 

These challenges can be costly in terms of money and peace of mind. But, good news! You can invest in powerful tracking systems to handle these challenges. 

What if You Had NetSuite ERP for Jewellery Manufacturing?

Have you given a thought to a system that is specifically created for the jewellery manufacturing sector? We are not talking about the generic system that can cater to any industry, but a system that understands the challenges in the jewellery manufacturing industry and specifically caters to it. 

Jewellery Manufacturing Suite (JMS) is built on the Oracle NetSuite cloud ERP platform and is specifically created for the jewellery industry. It addresses all the pain points that the industry is facing. It combines NetSuite's robust cloud-based platform with jewelry-specific features that make your entire operation run smoother. 

Using a generic system for ERP operations for jewellery manufacturing processes can leave a lot of loopholes. Instead, using an ERP system built for the specific industry can help with the very language that you understand. It understands gold specifications, gemstone tracking, production workflows, quality control requirements, and everything else that makes jewellery manufacturing unique.

The Jewellery Manufacturing Suite helps you automate repetitive tasks, ensures accuracy and gets real time visibility. 

How Jewellery Manufacturing Suite, Built on NetSuite, Helps?

Well, having understood how a jewellery manufacturing suite built on Oracle NetSuite ERP can be a good pick, let us now move into the specific features of the suite. 

Easy stock and material control

If you are in jewellery manufacturing, you are aware of how difficult it can be to track the precious metals like gold, silver, diamond and even gemstones. Jewellery Manufacturing Suite provides you a clear visibility of all your materials. You can track the  precious metals based on weight, location and purity standards. Gemstones can be tracked easily based on purity, quality and quantity. 

When a material is taken into the manufacturing or designing stage, it is automatically recorded. It can also be recorded instantly when waste is generated. That way, you have an updated knowledge about where you stand at the current moment. 

Better production planning

The complete material visibility provides you an instant insight into the effective production planning. The system will give you a complete overview into what materials you have, which orders you need to fulfil, and how resources are allocated. 

This would translate into less rush orders, low pressure on your team, and better use of expensive materials. In fact, the ERP system provides you a better way to plan ahead for weeks or months. 

Simple work order tracking

Each of your orders will now have a digital life. That would mean you can track the progress of your orders in real time. The system can show you every step that the order takes you through. 

The system will let you track every stage of the order - design, casting, finishing, quality control, packaging—and when it's expected to move to the next stage. Managers and supervisors can effectively see the real time details of every order. Customers can be updated automatically when their orders progress. This transparency keeps everything running smoothly.

Accurate product costing

The best benefit in our view of using Jewellery Manufacturing Suite can be that it helps you in ensuring an accurate product costing. Every piece that goes into the manufacturing is tracked and even wastage can be tracked easily. 

In fact, every labor hour is recorded. Every machine hour is logged. All of this data feeds into automatic cost calculations. By the time the product is ready, you know the actual cost – no guesses of any nature. You can price your product based on the actual cost and your profit margins. Accurate costing also helps you negotiate better prices with customers and improve your competitiveness.

Smooth quality checks 

Quality control is no longer an after process with NetSuite. It becomes a part of your manufacturing process. You have a standardized process for every step. Every check is recorded, every result is logged, and any issues are flagged immediately.

If a product fails a quality control process, it will be instantly identified and sent back to production for fixes. This keeps defective pieces from reaching customers, protects your reputation, and reduces waste.

Complete traceability

Traceability  is quite essential in a jewellery manufacturing process. You have complete info on which material or piece is in which stage. It gives you complete information on who worked on it, if it passed through QC or when it was completed. 

The Jewellery Manufacturing Suite can track all these facts automatically. Each of the products have a complete history. If a customer has a question about their piece five years after purchase, you can pull up that complete history in seconds.

Faster order processing 

Since every system works together, your orders move through the facility really faster. There is no waiting period, confusion about specifications and rework  possibilities. You will have access to materials whenever needed, quality checks are maintained, and quality checks are streamlined. 

Imagine that a piece that took three weeks to complete will now take one and a half to two weeks. That's not just good for your customers—it means you can handle more orders with the same team. It's a competitive advantage.

Real-Time Reports & Dashboards

With Jewellery Manufacturing Suite, you will get the real time updates as and when required. You can have access to a dashboard that shows how many orders are processed, what is the current inventory levels and your production capacity utilisation. 

The reports are updated at regular intervals. You will not need to wait for anyone to complete the data. Your decisions will be based on real, current information. This helps you spot problems early, make adjustments quickly, and capitalize on opportunities. 

Wrapping Up

Jewellery manufacturing process is indeed a beautiful task. However, it must be understood that it is quite complicated. You would want to spend your time growing your business, creating new designs, and making your customers happy. If you are not using a capable system, you may end up spending this time wrestling with spreadsheets, tracking materials manually and trying to figure out your orders. 

The Jewelry Manufacturing Suite, built on NetSuite, takes the complexity out of jewelry manufacturing. It automates the tedious stuff, gives you accurate information when you need it, and helps your team work smarter and faster.

Make sure to partner with a provider who understands your industry when implementing NetSuite for your business. We at Jobin and Jismi have been known to provide the ultimate solutions for all practical applications. 

Your competitor may already be using a robust solution like NetSuite. It is high time you joined the race!
 

Frequently Asked Questions

1. How easy is it for staff to learn and use a jewellery-focused NetSuite system?

Quite easy. The interface is intuitive, and teams quickly get comfortable because the workflows are built around real jewellery operations like orders, repairs, and production tracking.

2. Does the Jewellery Manufacturing Suite work with existing NetSuite modules?

Yes, it integrates smoothly with core NetSuite modules such as inventory, accounting, CRM, and procurement, so everything functions as a unified system.

3. Can the system handle multiple locations, workshops, or showrooms?

Absolutely. You can manage several workshops, stores, and production units, all while viewing inventory, materials, and orders in one central dashboard.

4. How does the solution help prevent material loss or internal misuse?

 It brings full visibility to every gram of metal and every stone. With real-time tracking, approvals, and audit trails, unauthorised usage becomes far easier to detect and prevent.

5. Can reports be customised based on jewellery type, design, or metal?

Yes. You can tailor reports to track anything from metal purity and wastage to design-wise sales performance or stone consumption.

6. Is this solution scalable as the jewellery business grows?

Definitely. Whether you expand into new locations, product lines, or higher order volumes, the system grows with you.

7. How long does it typically take to implement a jewellery-specific NetSuite ERP?

Timelines vary by business complexity, but most jewellery businesses see a full setup and go-live within a few weeks to a few months.