Myer Jewelry ERP System

1. Key Industry & Company Pain Points Addressed

• High-Value Raw Material Management: Precise tracking of individual diamonds (GIA/certificated and non-certified parcels), colored gemstones, and precious metals (Gold/Platinum) by purity and weight (carats/grams).
  
  
• OEM/ODM Manufacturing & Custom Orders: Complex Bill of Materials (BOM) management for mass production and bespoke custom designs—tracking casting, setting, polishing, and plating stages.
  
  
• Precious Metal Loss & Loss Control: Accounting for physical metal loss during manufacturing (casting loss, filing dust recovery) vs. standard allowable tolerances.
  
  
• Global Wholesale & Consignment Tracking: Multi-currency international invoicing (USD/HKD/EUR/RMB), cross-border logistics, consignment stock at overseas trade counters, and exhibition inventory management (e.g., HKTDC International Jewellery Show).
  
  

2. Core ERP System Architecture for Myer Jewelry

+---------------------------------------------------------------------------------+
|                        MYER JEWELRY AI-ERP SYSTEM ARCHITECTURE                  |
+---------------------------------------------------------------------------------+
                                       |
    +------------------+---------------+------------------+------------------+
    |                  |                                  |                  |
[1. Materials & Stock] [2. Factory MRP & Production][3. Omni-Channel & Export] [4. Finance & HR]
 - Diamond Parcel/Carat - Casting & Mold Library    - Wholesale Export & Quotation - Multi-Currency GL
 - GIA Cert Sync        - Metal Loss Allowance      - Trade Show / Mobile POS      - Metal Market Valuation
 - RFID Tray Scanning   - WIP Job Card Tracking     - E-Commerce REST API          - HK MPF & Payroll

Module-by-Module ERP Solution Blueprint

Module 1: Diamond, Gemstone & Precious Metal Vault Management

• Parcel & Single Stone Tracking:
  
  
  • Certificated Diamonds: Track individual stones by GIA/IGI certificate numbers, carat, color, clarity, cut, shape, and vault location.
    
    
  • Parcel Gemstones / Melee Diamonds: Track bulk lots by weight (carats/grams), average cost per carat, and automatically adjust inventory upon issue to factory work orders.
    
    
• UHF RFID Bulk Inventory Audit:
  
  
  • Implement RFID tags on jewelry trays and individual tags. Warehouse and vault managers can scan entire trays containing 100+ items in under 3 seconds using handheld RFID scanners, reducing stocktake time by 90%.
    
    
• Exhibition & Consignment Management:
  
  
  • Dedicated module for managing high-value stock dispatched to trade shows (HKTDC, Vicenzaoro, JCK Las Vegas) or consignment partners with real-time checkout and return auditing.
    
    

Module 2: Jewelry Manufacturing Execution System (MES / MRP)

• Dynamic Jewelry Bill of Materials (BOM):
  
  
  $$\text{Standard Unit Cost} = \left(\text{Net Gold Weight} \times (1 + \text{Loss Factor \%}) \times \text{Spot Gold Price}\right) + \sum \text{Stone Costs} + \text{Crafting Labor}$$
• Manufacturing Work-in-Progress (WIP) Tracking:
  
  
  • Job-card tracking through factory stages: 3D CAD/Waxing $\rightarrow$ Casting $\rightarrow$ Filing $\rightarrow$ Stone Setting $\rightarrow$ Polishing/Plating $\rightarrow$ Final QA.
    
    
• Metal Scrap & Dust Recovery Accounting:
  
  
  • Monitor daily metal issuing vs. returned scrap/polishing dust per artisan to ensure zero shrinkage and enforce strict yield controls.
    
    

Module 3: Global Wholesale Export & Omni-Channel Retail

• Multi-Currency Quotations & Orders:
  
  
  • Instant generation of wholesale quotations based on live daily precious metal spot prices (Gold/Platinum) and exchange rates (USD, HKD, RMB, EUR).
    
    
• Trade Show Mobile Order Entry:
  
  
  • Mobile tablet application for sales representatives at international jewelry fairs to quickly scan barcodes/RFID, display 3D product catalog, generate instant customer quotes, and check real-time factory lead times.
    
    
• E-Commerce & POS Integration:
  
  
  • Direct API synchronization with Myer Jewelry’s online store and retail counters for unified inventory control.
    
    

Module 4: Financial Management, Compliance & HK HR

• Multi-Currency Accounting & Hedging:
  
  
  • Automated financial consolidation for HK headquarters and overseas sales offices. Features real-time inventory revaluation based on metal market fluctuations.
    
    
• Hong Kong HR & Payroll:
  
  
  • Integrated attendance, multi-tiered sales commission calculations (retail and wholesale export teams), and Hong Kong MPF regulatory compliance.

3. Implementation Roadmap for Myer Jewelry

Contact Us by info @hammusinno.com , sales@hammusinno.com for Cooperation.