TradeGecko Customer Success Story - Kiri Schumacher
Kiri Schumacher is a jewellery producer selling on consignment. TradeGecko takes care of the operations and allows the founder to focus on design.
Reasons why Kiri Schumacher loves TradeGecko:
It simplifies operations when selling on consignment
It supports international expansion
It integrates seamlessly with Xero and Shopify
When you’re both an artist and a business woman at the same time, you don’t have to sacrifice one for the other thanks to really good systems like TradeGecko.
Within the world of contemporary jewellery where products come at a high cost, stores don’t buy the items outright so jewellers almost always create pieces, and sell them to retailers on consignment.
The consignment arrangement works such that jewellers like Kiri still retain legal ownership over the products even after they have been passed on to galleries for sale. They only receive payment after customers purchase the pieces at galleries. In the meanwhile, galleries and retailers can return the pieces to jewellers at no monetary cost should they feel that the items have been sitting around for far too long.
As the business grew, Kiri became a lot more involved with operations and spent less time on creative work. Using TradeGecko online inventory management system has helped to cut down on the number of processes needed to create her consignment invoices and shaved time off on tracking stocks.
While planning for international expansion, having a cloud-based suite of systems like TradeGecko, Xero and Shopify can only simplify the operations for the growing business.