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Jewelry
Retailers today are grappling with a multitude of challenges.
Operational costs continue to increase and most retailers are
scarcely managing to reduce them. Store over-supply and gold
rate fluctuation are slowing the growth, just as customer
expectations, fuelled by the proliferation of new sales
channels, are soaring. Staff turnover is high.
In the
past the Jewelry retailers had an upscale appearance with
elegant furnishings and professional staff in prime locations.
Now due to the rapid growth in the retail arena, the jewelry
market is undergoing a gradual metamorphosis from a ‘Mega store
of value’ to ‘Multi-chain stores of variety.’ In the past most
retailers marketed through print advertising and mailers; now,
email and SMS campaigns are also utilized. These campaigns are
narrowly focused, using demographic information gleaned from
market research.
Altech
leverages its experience with the world’s leading
Jewelry retail consultants and independent research to provide
retailers with food for thought and help them progress in their
journeys toward higher performances.
Altech
has evaluated and developed a solution
strategy to achieve the clients’ supply chain vision by
releasing its Jewel Star jewelry retail software.
Altech’s JewelStar
Point of Sale software for retail ensures regulatory compliance
and enhances visibility by leveraging the latest in supply chain
technology. |