Introduction
Retail jewellery operations involve:
- Frequent gold rate changes
- Margin-sensitive pricing
- High-value inventory
- Dead stock risks
- GST calculations
- Making charges variability
Without structured tracking, profit leaks may go unnoticed.
A centralized monitoring system can improve visibility.
Step 1: Implement Structured Cost-Based Pricing
Using standardized cost calculations including:
- Gold cost
- Stone cost
- Wastage
- Making charges
- GST
- Target margin
helps maintain consistent pricing logic.
Step 2: Track Inventory Aging
Monitoring inventory by age categories:
- 0–30 days
- 31–90 days
- 90+ days
helps identify cash blockage early.
Step 3: Monitor Gold Rate Impact
Tracking gold rate changes and stock value impact helps retailers evaluate pricing adjustments.
This is monitoring, not financial forecasting.
Step 4: Identify Low-Margin Products
Margin thresholds allow identification of risky or dangerous items requiring pricing review.
This improves awareness — not guaranteed correction.
Step 5: Maintain Daily Profit Visibility
A consolidated dashboard showing margin-weighted health percentage simplifies daily review processes.
Important Clarification
Jewellery Presso is:
• A pricing and margin monitoring software
• An inventory visibility tool
• A retail control system
It is not:
• A gold trading platform
• An investment advisory service
• A profit guarantee system
• A financial prediction tool
Conclusion
Retail jewellery governance improves when margin visibility improves. Structured monitoring supports better pricing discipline and inventory management.
Jewellery Presso centralizes these controls into one system.