The Customer Wants to Know Transparency - PowerPoint PPT Presentation

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The Customer Wants to Know Transparency

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Serves hundreds of clients from 6 offices in major worldwide diamond centers ... Order precisely the stones they need, with no leftovers and no bulk packages. ... – PowerPoint PPT presentation

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Title: The Customer Wants to Know Transparency


1
The Customer Wants to KnowTransparency
theNew World of DiamondsMr. Amihai Zivan
SussholzYEI- Yahalomei Espeka International Ltd.
2
YEI at a Glance
  • Founded in 1969
  • Sightholder since 1993
  • Serves hundreds of clients from 6 offices in
    major worldwide diamond centers
  • Specializes in fine-make small round diamonds
    under 1ct
  • Capable of catering to very specific client
    requests (special sizes)
  • Over 2,600 employees in two manufacturing
    facilities
  • State-of-the-art production facility in Panyu,
    China

3
Luxury Jewelry - Raising Standards
  • THEY WANT MORE!
  • More services
  • More partnership particularly in product
    development and marketing
  • More flexibility
  • More attentive to make
  • More careful about quality - end-customer is more
    informed

Luxury jewelry manufacturers want more
professional partners who provide transparency
and real added value
4
Expectations
CUT
CUT
SUPPLY
VALUE
Sorting and ease- of-ordering
Inventory / Availability
Fine-make diamonds (or other specialty)
Partnership via joint marketing initiatives
Conveniently located offices
Efficient, ethical sourcing
5
How it Works _at_ YEI
Value Pre-sorted product and easy ordering as
well as joint marketing programs and other
value-added services.
Cut Highest standards for fine-make production.
Supply Customers have what they want available
when and where they need it.
Professionalism Have attained and exceeded
industry standards for production and ethical
practices (BPP, ISO).
6
Cut
  • Maintain high-quality rough sourcing capabilities
    (located in Israel).
  • Sightholder status enhances customer confidence
    in the product.
  • Excellent reputation for fine-quality make backed
    up by experienced, well-trained staff and
    top-notch facilities.

7
Supply - Sorting
For both large and small clients, pre-sorted
product helps clients save time and money.
  • Over 2000 assortments available.
  • Customers can purchase specific sizes and not
    only parcels.

8
Supply Inventory/Availability
Having a large inventory means the customer
doesnt need to maintain one.
  • Each of over 2,000 items are stored
    independently.
  • Online Harmony stock system allows customers to
    know exactly whats available.
  • Worldwide offices to reduce time for
    communication
  • /delivery

9
Value - Ease-of-Ordering
  • Clear Code - YEIs proprietary coding system
  • Developed as The Espeka Language and upgraded
    over the years.
  • Order precisely the stones they need, with no
    leftovers and no bulk packages.
  • Simplifies ordering and especially reordering

10
Value - Partnership
  • YEI has developed joint marketing initiatives
    with both U.S. and Asian jewellery manufacturers
  • PERFECTLY MATCHED DIAMONDS
  • Identically-cut fine-make stones manufactured
    by YEI.
  • Jewelry created by retailer
  • Marketing Advertising - developed jointly
  • Support includes advertising,
    in-store materials and staff training

11
Value - Partnership (cont.)
  • Establishing clear objectives and goals (which
    each side needs to consider and agree upon)
  • Expectations, milestones for success, etc
  • Understanding the local market and consumer
  • Choosing the right communications approach
  • Maintaining consistency (over time/geography)

12
Professionalism
  • Excellent reputation for fine-make diamonds
  • State-of-the-art China manufacturing complex
    excellent evaluation in annual BPP review
  • Exceed industry standards so clients can be more
    confident in product
  • ISO 9001 certification achieved in early 2008

13
Who Wins?
  • EVERYONE!

Clients Better service, lower costs
YEI Satisfied customers
Industry Progressive practices become the norm
14
  • Leading the way to the
  • New World of Diamonds
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