RatnaSamhita — Jewelry Industry ERP & Lending POS
Sophisticated B2B & B2C ERP solution for jewelry industries, managing the entire lifecycle from batch tracking to lending (Girvi) management.
Overview
RatnaSamhita is a sophisticated B2B & B2C Enterprise Resource Planning (ERP) and Point of Sale (POS) solution designed to digitize the traditional jewelry industry, including complex localized lending practices.
The Challenge
Traditional jewelers struggled with managing intricate operations involving fluctuating daily metal rates, raw material batch tracking, and highly manual "Girvi" (gold loan lending) ledgers which were prone to mathematical errors and fraud.
Our Solution
Renix Solutions engineered a comprehensive cloud-based ERP. The architecture securely handles multi-tenant data isolation, real-time metal rate synchronization APIs, and a completely automated lending module that calculates daily interest and generates compliance alerts.
Key Capabilities
Multi-Tenant Architecture
Complete data isolation for hosting independent jewelry shops on a single infrastructure with 100% security.
Advanced Inventory & LotTrack
Batch-based tracking (Lots) from raw material to finished product with automated stock ledgers.
Girvi (Lending) Module
Automated loan lifecycle management with valuation, interest calculation, and overdue alerts.
Real-time Metal Rates
Global synchronization of Gold and Silver prices with historical analytics.
Outcomes & Results
"Reduced manual entry for billing and inventory by 80% through QR automation. Eliminated interest calculation errors entirely in the lending module."