Gioielleria Italiana Streamlines the Supply Chain

Who Francesco Mangini, Davide Dilorenz, Alessandro Ivaldi, Founders
Where Valenza (AL), Italy
Why Digitalizing the manufacturing and distribution supply chain for precious jewels, making the jeweler a key part of the process and not only dealer
Web gioielleriaitaliana.com

Streamlining the supply chain, saving about 30% on the end price as compared to the average on the classic jewelry market, and creating customer loyalty thanks to the fact that the jeweler can personalize the piece with Gioielleria Italiana’s platform. These are some of the key features of the start-up, which has more than 250 jewelers as members, and 100 of whom are also investors thanks to the equity crowdfunding campaigned closed last December the 1st. The equity crowdfunding campaign raised 488.000 euros through the Two Hundred platform. «Gioielleria Italiana eliminates the role of intermediaries in the regular manufacturing and distribution supply chain, allowing the jeweler to save an average of 30% on the market. So the major advantages to this project are: greater marginality, a better ratio between quality and price, less need for a warehouse and the ability to create more than 107,000 unique custom jewels for every client. They can choose carat size, quality, type of stone, color of the gold, type of chain and size of butterfly backs for earrings. These innovations also include the opportunity to become a partner, both as a thirdparty manufacturer as well as a jeweler», says Francesco Mangini, founder of Consulting for Jewelers. Mangini also conceived of and founded Gioielleria Italiana along with Davide Dilorenz, who has been a contractor specialized in settings for 20 years, and Alessandro Ivaldi, CTO of Gioielleria Italiana as well as the founder of Enginius Software. Mangini sums up by saying: «Thanks to the equity crowdfunding campaign, we have created an official large network of jewelers throughout Europe. Each jeweler can, in real time, find out the value of the jewelry piece, calculating the price of gold and the euro/dollar exchange upon connection to the platform.»