For jewellery business to prosper, apart from quality and design, another important aspect is the maintaining proper stock record. In this business, a jeweller updates his inventory record daily. While doing so, misplacement or theft of the jewellery items may take place. This may lead to huge financial loss. Thus there is huge requirement of a technically advanced system which will help to give rise to effective jewellery tracking system.
In this technology driven market, one of most common tracking system that is widely used in the jewellery industry is the RFID Jewel tracking solution. In this system, each of the jewellery pieces is fed with a RFID tag. These tags are loaded with unique identification number along with full information about the product. Whenever these tags are scanned under the reader, the data so recorded gets automatically updated in the system. This data can be accessed in the computers whenever required.
As this type of processing does not require manual interference, the data so obtained are error free. In addition to this, by employing RFID, an employer can also curve down cases of theft as these technologies are also fitted with theft alerts. In this way a jeweller can efficiently operate his business by installing RFID technology.