Press Releases

Edge Pulse Presents Enhanced Views of a Jeweler’s Inventory

Published

6 years ago

June 29, 2018

INSTORE Staff

(PRESS RELEASE) OMAHA, NE – The Edge Retail Academy (ERA), the leading retail jewelry business advising company, announced the release of new inventory reporting capabilities for its Edge Pulse product. Edge Pulse is an add-on to the market-leading Edge POS system and allows users to anonymously compare their store’s Key Performance Indicators like inventory levels, turn and top-selling categories to over 900+ peer stores.

“A key for a healthy business is having a complete and understandable picture of its inventory,” said David Brown, President of ERA. “Edge Pulse is the only provider to present a store’s inventory metrics with a clear, real-time view that can lead to immediate improvements.”

With the new inventory features in Edge Pulse, jewelers can monitor the movement of their inventory – by product category – over the last 12 months. “Watching inventory age is powerful motivation to implement strategies to improve overall inventory levels, which boosts profits,” added Mr. Brown.

“Edge Pulse is our dashboard to success,” said Stephen Barnes, Owner of Barnes Jewelers. “We find the new inventory functions to be highly valuable in spotting the areas of our inventory that need attention. Plus, Edge Pulse’s AdvantEDGE program recommends where to invest newly available open-to-buy funds from top sellers across 500+suppliers.”

Using Edge Pulse, jewelers can set goals and better track in real-time critical sales and inventory data to increase their store’s revenues and profitability.

Edge Pulse Presents Enhanced Views of a Jeweler’s Inventory

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”