You have 0 items in your cart
Do you have jars, bins, or plastic sorted containers of beads and stones you bought with pure joy and excitement to use them, but they are still sitting there? Have you wondered how to use your gemstone inventory?
The correct way to use your gemstone inventory is similar to how you should treat your clothes.
We often talk about inventory management as tracking bought and sold, but rarely do we focus on managing the levels of it.
When gemstones are stored, it’s often the classic “out of sight out of mind” scenario.
Have you heard the rule that when you buy one new item of clothing you have to get rid of one you don’t use? Well, it’s the same with stones.
If they’re out of site, you won’t use them. Sure, in the back of your mind, the existence of them is floating around. Perhaps you even know what you want to do with them.
I’ve seen this again and again in the inventory of small biz owners to large million dollar operations with a gem room “reserved for special orders,” but rarely are they ever used. Often something else is ordered and the previous inventory sits and collects dust.
I don’t want this for you (or me). So, I challenge you to sell a stone or at least make it into a sale-able item every time you buy a new stone that is not for a specific job.
Can you do that for me, your wallet and your overhead?
The only way to get rich is to save money, so when you’re buying new gems, carefully consider if you should stash that money away or if the investment in the new stones will pay off down the road if you don’t use them immediately.
Cheers to efficiency!
I chuckled when I read this. Gem shows can be dangerous. While I am better now about buying stones for either a specific project or for specific designs; unfortunately I did buy some gemstones (cabs & faceted) a few years ago because I liked them. I didn’t realize that not everyone has my fascination with peridot or tiger eye. In addition most of these are not calibrated and only of average quality at best. I can’t imagine what I was thinking when I purchased 3 & 5 mm round cabs, and 6×4 oval cabs. At least with some of them I only got 5mm rounds or larger. The problem now is getting rid of them. My eyes & skill have improved so that I know that tiny non-calibrated stones are a PITA to set. Maybe I’ll just glue them on to a glass vase. It’ll be pretty and they won’t be in my gem drawer laughing at me.