Irys Trinity : Data|Derive|Decide
based on actual
based on data
presented as graphs
for all sizes of
What is the throughput of the jewelry shop and where are the bottlenecks?
Analyse customer footfall at your store to decide if the the marketing / branding spend is yielding enough returns. Staffing at the stores can be trimmed or enhanced and newer methods of customer engagement may be adopted to ensure that customers spend more time looking at merchandise. Convert window shoppers into serious buyers!
Which jewelry products are fastest moving? What products should I restock?
Which should be eliminated?
You can now replenish profit-bearing items more efficiently while eliminating non-moving stock, resulting in better buying decisions and higher profit margins. The sales turnover alone may not tell the complete story. Matching it against the product viewership patterns can help identify better performing stores. Applying best practices from such stores to other stores could help push up the overall sales
Which sales people are performing the best?
Staff Performance Analysis
Staff performance analysis is a review of ‘Skill’ and ‘Will’. Conversion ratios indicate the skill while the number of customers catered to as well as number of products showcased indicates the effort or the will. Staff members lacking in both SKILL & WILL are a liability and need to be re-aligned. A drill down also reveals what type of products a particular sales person is good at selling. This information can be used to align the strengths of a staff member with the products to enhance sales
Is all my stock accounted for?
Stock Audit – Discrepancy Analysis
Last and most important – as a jeweller, your inventory is your most valuable asset, and there’s nothing more important than knowing that all your jewellery pieces are accounted for on every single day.
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