• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
Monday, September 25, 2023
India Influencive
No Result
View All Result
  • Login
  • Home
  • Business
  • India
    • National
    • State News
  • Education
  • World
  • Business
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Photography
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Social Work
    • Religion
  • Home
  • Business
  • India
    • National
    • State News
  • Education
  • World
  • Business
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Photography
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Social Work
    • Religion
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Yantra empowers jewelry retailers in digital transformation with streamlined operations and improved services

India Influencive by India Influencive
May 11, 2023
in Business
Reading Time: 5 mins read
0
Yantra empowers jewelry retailers in digital transformation with streamlined operations and improved services
Share on FacebookShare on Twitter

Yantra enables CaratLane’s jewelry retail business to achieve frictionless, data-driven operations and omnichannel customer experience with cloud-based technology

New Delhi: Yantra, a leading management and business consulting firm offering simple and streamlined business transformation solutions, announced the successful digital transformation for CaratLane, India’s largest omnichannel jeweler that helps make affordable jewelry accessible to all customers worldwide. With technology innovations like Advanced Financials, Inventory Management, Account Management, Order Management, and Lite Manufacturing implemented to their platform, CaratLane is able to increase automation, improve reporting and analytics, automate ordering, shipping, and billing, and tackle other common challenges of a jewelry retailer. 

READ ALSO

BOYO, RAPZ team up to redefine Diwali corporate gifting

BOYO, RAPZ team up to redefine Diwali corporate gifting

September 23, 2023
World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

September 22, 2023

Vikram Bhandari, President, and Chief Executive Officer of Yantra said, “The whole concept of the buying cycle has changed with a higher number of younger, tech-savvy business owners and customers who have different expectations than traditional jewelry businesses. However, there are several jewelry retailers who are lacking operational visibility to set up for success and still working with manual processes on their legacy business systems. We are proud to be a trusted partner for CaratLane to enable them to modernize the industry, make more data-based decisions, remove manual processes, and gain higher visibility.”

CaratLane, India’s first omnichannel jewelry brand, aims to elevate the online jewelry shopping experience and has grown exponentially and expanded globally. The growth and expansion result in a need for a modern ERP solution that could respond to the challenges of its existing legacy system, such as component-based pricing, inventory management, omnichannel presences, and global transaction tracking restricting growth. These challenges are not only relevant to CaratLane but also the frequent pain points of the industry.

“We are thrilled to be able to offer our beautiful everyday wear jewelry to customers globally with a seamless experience which has been made possible with modern ERP’s flexibility and speed. It has allowed us to expand our operations to North America with ease. With the help of the Yantra team, we were able to develop a customized solution that made it possible for us to use the same billing and tax system to generate cross-border invoices. This has not only saved us time but has also reduced errors as we no longer have to maintain a separate system for cross-border transactions,” said Atul Sinha, Senior Vice President of CaratLane.

Technology solutions from Yantra enable the capabilities in multi-subsidiary, multi-location, and multi-entity accounting helping retailers manage stock across various locations for CaratLane. Due to the nature of the industry where jewelry pieces are often customized according to the specifications of the jewelers or customers, Yantra implemented and integrated modern software into CaratLane’s system to build a solution that computes the price of a unit on a real-time basis using the receipt barcode and the actual weight to calculate variances. Yantra also developed a customization that allows CaratLane to automatically release a purchase order for each component of a ring, bracelet, necklace, or other pieces of jewelry that requires more than one manufacturer.                                                                                   

With such bespoke solutions and support from Yantra, CaratLane successfully had one single cloud-based platform addressing inventory management, and accounting management, and well integrated with other platforms running in place that is tailored to CaratLane’s demands. The new consumer-centric, automated, and e-commerce-friendly system helps the company gain competitiveness over a majority of jewelry retailers who are still using homegrown, on-premises tools and disparate legacy systems. CaratLane can now operate with a unified system that provides automation, simplified processes, and operational visibility, such as multi-location inventory management, deep supply chain visibility, managing repairs and warranties, and automatic upgrades. 

Recognized as NetSuite’s 2023 Alliance Partner Spotlight Winner for the Jewelry sector, Yantra has achieved outstanding work and has been making efforts to help the industry players implement modern technology into their systems. Yantra has also launched a whitepaper outlining the key challenges of the jewelry retail industry and how to gain competitive advantages with the adoption of technological advancements. Those who want to learn more about Yantra’s Jewelry expertise to enhance their business operations can visit Yantra at JCK Las Vegas and meet them at the Innovation Hub Booth 10 (IH10) from June 2-5, 2023.

About Yantra

As a management and technology consulting firm and trusted partner to our clients, our purpose at Yantra is to help organizations experience business transformation with simplicity and success (or effectively and efficiently). Since 2009, we’ve been a leading provider of business consulting, application management, product engineering, data analytics, managed services, machine learning and artificial intelligence (ML&AI), robotic process automation, data harmonization, process orchestration, enterprise and financial systems like NetSuite, Salesforce, Oracle Fusion, and other technology platforms, and services.

Our clients come to us for our unique solutions that stand out and help them maximize their operational efficiency. Yantra’s culture of innovation, collaboration, and commitment to deliver with passion is the foundation that drives sustainable change and invigorates how business transformation gets done. Find out more at https://www.yantrainc.com/. 

About CaratLane

CaratLane – a Tanishq Partnership, India’s first omnichannel jewelry brand was founded in 2008, by Mithun Sacheti and Srinivasa Gopalan, with a simple but courageous objective – to make beautiful jewelry accessible, affordable, and forever wearable.

With a strategic investment from Titan Company Limited, CaratLane is now partnered with India’s largest retail jeweler, Tanishq. The partnership aims to work towards a common mission – to offer customers beautiful jewelry and a distinctive shopping experience that fits today’s values and lifestyles -enabling CaratLane to grow as India’s 21st-century jewelry brand.

Two years back, they launched international shipping to remove the existing barriers, geographically and economically, for everyone to experience a little, beautiful piece of India, no matter their location. Their aim is to place India on the global map by focusing on thoughtful craftsmanship and innovative jewelry designs.

Hence, they created a convenient platform that brings Indian-crafted jewelry to Indians staying abroad, helping them stay connected to their rich, deep-rooted culture. From providing a modern and Contemporary touch of Indian jewelry in India, CaratLane paved the way to flaunt India’s culture in a stylish way.

Whether in India or in North America, their focus on gold and diamond jewelry has been vital as it plays a significant role in Indian culture.

Today, as a part of the Tata Group heritage, we are India’s largest omnichannel jeweler. Spanning over 170 retail stores across 45+ Indian cities, we are ready to ship globally to countries like the USA, Canada, UK, Singapore, Dubai, and Australia. 

To know more about CaratLane: Visit www.caratlane.us

Tags: CaratLaneCaratLane’s jewelry retail businessIndia's largest omnichannel jewellermanagement and business consulting firmmanagement and technology consulting firmomnichannel jewelry brandVikram BhandariYantra
Previous Post

New Book “Blaze: A Son’s Trial By Fire: A True Story” Highlights the Power of Self-Evolution

Next Post

OSL Bags “Best Stevedores for the Year 2022-23” award from Paradip Port Authority

Related Posts

BOYO, RAPZ team up to redefine Diwali corporate gifting
Business

BOYO, RAPZ team up to redefine Diwali corporate gifting

September 23, 2023
World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award
Business

World Leaders Summit 2023 held in House of Lords at London followed by the Bharat Samman Award

September 22, 2023
Grand launch of Toni&Guy flagship branch in Ahmedabad
Business

Grand launch of Toni&Guy flagship branch in Ahmedabad

September 22, 2023
Team Marksmen Network’s CX Transformation Conclave highlights the business case and criticality of great CX
Business

Team Marksmen Network’s CX Transformation Conclave highlights the business case and criticality of great CX

September 21, 2023
The Indian Alert presents 50 Entrepreneurs of the Year 2023 – A Day of the Visionary Entrepreneurs
Business

The Indian Alert presents 50 Entrepreneurs of the Year 2023 – A Day of the Visionary Entrepreneurs

September 21, 2023
Unwrapping Dreams: The Journey of Fusion Gifts and its Founder Piyush Goyal
Business

Unwrapping Dreams: The Journey of Fusion Gifts and its Founder Piyush Goyal

September 19, 2023
Next Post
OSL Bags “Best Stevedores for the Year 2022-23” award from Paradip Port Authority

OSL Bags “Best Stevedores for the Year 2022-23” award from Paradip Port Authority

Discover the inspiring success stories of three chosen individuals who are making a mark in their respective fields

Discover the inspiring success stories of three chosen individuals who are making a mark in their respective fields

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Best Celebrity Stylist in Mumbai - "Sugandha Sood"

Best Celebrity Stylist in Mumbai – “Sugandha Sood”

November 4, 2022
Mr. Yash Mane is an ideal man who cherishes humanity

Mr. Yash Mane is an ideal man who cherishes humanity

March 21, 2022
Shreyaa Sumi -International Model is conferred with a Honorary Doctorate from USA University

Shreyaa Sumi -International Model is conferred with a Honorary Doctorate from USA University

May 9, 2022
Modi Government working for developing entrepreneurship environment for backward class of the country: Dr K Laxman (National President OBC Morcha BJP)

Modi Government working for developing entrepreneurship environment for backward class of the country: Dr K Laxman (National President, OBC Morcha BJP)

May 12, 2022
A UK Royal treat for the “Indian Princess Sanjuna Madonakendi” at the HM Royal Marines Mountbatten Music Festival.

A UK Royal treat for the “Indian Princess Sanjuna Madonakendi” at the HM Royal Marines Mountbatten Music Festival

March 7, 2022

EDITOR'S PICK

Ace Entrepreneur Yahia Hawwari setting new standards in the social media Industry with his amazing content

Ace Entrepreneur Yahia Hawwari setting new standards in the social media Industry with his amazing content

April 18, 2022
Borosil Limited And Hahnemühle’s Filter Papers praised for its multi-varied industrial uses

Borosil Limited And Hahnemühle’s Filter Papers praised for its multi-varied industrial uses

May 10, 2022
Rasna Forays into Health and Wellness sector with “Rasna Healthy Day” launched by Mandira Bedi and Sonali Bendre

Rasna Forays into Health and Wellness sector with “Rasna Healthy Day” launched by Mandira Bedi and Sonali Bendre

December 28, 2022
In a journey of healing and meditation, Anant Oorja Safar bags the ‘Most Promising Spiritual Organization Award’

In a journey of healing and meditation, Anant Oorja Safar bags the ‘Most Promising Spiritual Organization Award’

May 25, 2023

India Influencive, digital news and story platform bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

Follow us

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World

Recent Posts

  • M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season
  • BOYO, RAPZ team up to redefine Diwali corporate gifting
  • Inceptcoin| Revolutionising Cryptocurrency And Emerged as Next-Gen Investment Potential
  • A Mystical line of clutches: Rocky Star X Oceana Clutches

Tags

Ace Entrepreneur actor Ahmedabad Artificial intelligence author Bengaluru Blockchain technology Content Creator COVID-19 Cryptocurrency CSIR Delhi digital marketing DST Dubai Education entrepreneur Fairplay Ginny Kapoor Gujarat Hi life Exhibition Hyderabad India's Most Prominent Pageant Indian Institute of Technology influencer Influencerquipo jewellery Kingston Technology K Raheja Corp Homes LANXESS Mr. Gagandeep Kapoor Mrs.INDIA Galaxy Mrs.INDIA Galaxy 2022 Mumbai Music Industry National Pageant Mrs.INDIA Galaxy 2022 Noida Pune real estate social media Surat technology solutions TTK Prestige Vibrant Concepts women empowerment
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

© 2021 India Influencive .

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2021 India Influencive .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In