RFID Tracks Diamonds, Jewelry for IGC Brand Services
With the help of radio frequency identification technology to manage the movements of its diamonds and jewelry throughout its own offices, as well as to third-party service providers and stores, jewelry and diamond wholesaler IGC Brand Services has been able to increase the volume of products it sells, as well as reduce the amount of inventory required onsite. At any given time, the Chicago-based company tracks more than 10,000 diamonds and other pieces of jewelry, valued at approximately $5 million, as those products are moved through its offices and workshop, to outside vendors for custom production work, to retailers or consignment shops in the United States and Canada, and sometimes back to its own facility.
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