Sharad Arora’s Post

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Founder - Platinum Jewelry label ETERNO. Director - Srishti Fine Jewelry.

🔓 Revolutionizing one of the most UNORGANISED SECTORS in the Economy It's been about three years since I joined the family business in retail and jewelry manufacturing. I've found it challenging to fully grasp the daily operations of our store😅 Despite its glamorous appeal, retail jewelry remains one of the most unorganized sectors in the economy. AI and technology are now helping local family Jewelers like us align with more organized players in the industry by enabling greater experimentation, integration into daily operations and most importantly the importance of being data-driven and process-oriented. Here are a few takeaways ✔️Capture and analyze store performance metrics on the daily. 📊 ✔️ Embrace technology and adopt advanced management systems by investing in tech such as ERP systems ✔️ AI-driven inventory management systems that feature design banks, allowing retailers to showcase older designs that are not currently in stock, enhancing customer experience and choice. Have you included the use of AI and technology to transform your business management? Follow Sharad Arora for more insights on accesorising, Jewelry and Entrepreneurship!

Arjun Chaddha

Associate Manager at Tech Mahindra

1mo

Interesting!

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