How the diamond industry is evolving with the help of technology.
The use and application of various technologies have completely changed the selection, manufacturing, gradation, and placement of rough and polished diamonds. The changes have been experienced by the diamond dealers in transportation and jewellery making.
How is Technology Affecting the Diamond Manufacturing Pipeline:
"The intersection of business and technology has played remarkably well in the diamond industry. The complex diamond pipeline from miners to the diamond dealer to finally reach the customer is yet to be mastered. But the advent of technology has brought the sectors together. The flexibility of the pipeline has largely affected the pricing of diamonds. The diamond mining cost is decreased and so is the diamond manufacturing, polishing, and selling". Says the co-founder of Anita Diamonds, Mr. Chirag Shah.
The irrevocability of diamonds experienced several decades back is no more the case. The eCommerce sale of diamonds has been on the rise. Today, any diamond dealer can access his customer by simply updating his inventory on diamond eCommerce portals like Rapnet or Rapaport. Loose diamond dealers and certified diamond dealers can use AI technologies to update their inventories in real-time speeding up their sales and eventually the business.
Technology and the Diamond Grading Process:
"AI can never tackle the human graders", says the diamond grading institute- GIA. Will this be the case in the coming years? The answer still dangles.
Enhanced technological machines aid in evaluating diamond inclusions and flaws precisely. At Anita Diamonds we have inculcated the use of modern technologies that have completely changed our process of operations. We stay a step ahead in creating a consistent and unique experience for our customers and all our stakeholders. Being one of the leading loose diamond dealers in Belgium, we unite technology and business- giving timely delivery at customer-friendly prices.
An Industry Came Alive by Technology:
There is no doubt that technology is revolutionizing one of the oldest and most luxurious industries in the world. The rapid developments challenge the diamond industry to convert into an efficient, transparent, and customer-focused industry. However, quality and integrity will always remain at the heart of the trade. Diamonds are forever- so are the technological innovations ready to keep them alive. Though technology has flourished, one can never pass on the human effect. The reassurance and value-addition to customers can be provided by no robot or AI feature.
Anita Diamonds, since its inception, has worked with technology and customer experience alike. Talk to our diamond dealers and experience for yourself.
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