Sometimes jewelry business owners might decide to develop their own in-house software solution if they are not satisfied with the available options or find them costly. But is it really worth doing so?
Here are some things to consider before taking such steps: How much time do you have to develop such a large system fitting your business needs? Jewels Infosystems has been developing jewelry business solutions from last 20 years and still adding new features every day.
a. How large of a team would be required to develop a complete & well-functioning customized software? This work requires analysts to analyze the requirement, developers for coding, testers for testing the completed modules, UI designers etc. and all these ask for heavy salaries. Costing of all these for minimum one year will because 2-3 times the cost of some quality ERP and will save you time & efforts.
b. Everyone strives for perfect solution, but any software with a great logic & coding behind it is likely to contain bugs and same will be there in your in-house solution. Ready-made software is already well tested and robust system, and improved after a large number of customer feedback.
c. What about the yearly maintenance of the solution cost? Once your system is ready to use, what will you do with the developers? You can’t let them go, because your system will always need some modifications, customizations and bug fixing. But at the same time when they don’t have much to do, paying their salary would just be wastage money. When you just need support, still you are paying too much to developers.
d. Also if your developer is on leave and you are facing issues in your system, who is there to help you; where as in companies you have alternate support staff for client support.
e. Business Logics to Develop Jewelry ERP
f. Ready software comes with some business logic & data flow, that doesn’t need to be reinvented (such as Order making to job creation to allocating raw materials to a job and auto deducting it from your inventory, tracking jewelry orders and shipments, etc.).g. . It will not be easy to figure out the right business logic, system architecture and correct output when you build your own in-house solution
h. Most of the developers are good at one thing and that’s the programming. Understanding the industry specifications are normally out of expertise and will take long time to teach them. It will take significant time & cost increases.